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SALE OF WAREHOUSE

AUCTION AT AUCKLAND

(By Telegrapli—Press Association.) AUCKLAND, July1 19. Within a few minutes the warehouse, of P. Hayman and Company, Customs, Street East, was sold'at public auction to the Farmers' Co-operative Auctioneering Company, Limited, the price being £8050. The opening bid was for £6500, the price'rising quickly by amounts of £250, and. then by amounts of £100 to £'8000. ; A" rise, of £50 closed the transaction. '

The general-opinion was that an excellent property had been obtained for a favourable price. The warehouse, which has road access at the back, is only GO yards from Queen Street. The building, which is of'.brick;'is'of .'four stories and a basement. The.property; with a frontage of-99 ,'feet -to Customs Street East, is held on lease from the Auckland. Harbour Board'for-a term expiring in 1948 at,an annual rental of £370, with half compensation for the building at the-end ',of. the lease.'- A new lease can be obtained if desired.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19350720.2.176

Bibliographic details

Evening Post, Volume CXX, Issue 18, 20 July 1935, Page 15

Word Count
156

SALE OF WAREHOUSE Evening Post, Volume CXX, Issue 18, 20 July 1935, Page 15

SALE OF WAREHOUSE Evening Post, Volume CXX, Issue 18, 20 July 1935, Page 15