PROPERTY SALE
AUCKLAND CITY INVESTMENT
(By Telegraph—iress Association.)
AUCKLAND, October 15. The first important sale of Queen Street property for several years has been completed, the freehold property occupied by B. J. 31. Kemp, Limited, between the New Zealand Insurance Company, Limited, and the Government Life Insurance buildings, being sold for £15,000. The frontage to Queen Street is 21ft, so the price is equivalent to . over £7H a foot. The depth of the section is Ssft.
'J lie property, on which is n two-storied buildinjr. was fonnrrly occupied by tlie N'atioDal Insiiranc* Company, which sold it for £23.000 in March, 1928, to a syndicate. Tt has now been bought by n private citizen for investment purposes.
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https://paperspast.natlib.govt.nz/newspapers/EP19341016.2.150
Bibliographic details
Evening Post, Volume CXVIII, Issue 92, 16 October 1934, Page 13
Word Count
116PROPERTY SALE Evening Post, Volume CXVIII, Issue 92, 16 October 1934, Page 13
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