FARM PROPERTY
INQUIRY in MANAWATUa BRISK DEMAND. period in’the f»m P^SoT' ti the reverse has been the c d Manawatu this year, * f sL'n cy mand is reported, this bris^i business being exceptionally brisk. Leaseholds are practically able, and prospective c a s h ing land are offering subsLintml deposits, varying from £760. to £ISUU; Purchasers seeking a remunerat ve in vestment have cash available in some cases up to £IO,OOO, but the situation has changed. Whereas three years ago there were good properties available but little cash, now there is ample money, but the properties are not on the market. Cash has failed to these days as an _ inducement to. a change of ownership, and if dairy farms of from 50 to ! 100 acres were offering, they would soon be snapped up. However, the market is practically bare of these propositions. Not for months has there been such a strong inquiry, and such realisations as there are for, good properties close to Palmerston North are in the vicinity of £7O to £BO an acre, for. going concerns. :y,’ "• /
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https://paperspast.natlib.govt.nz/newspapers/MS19360422.2.75
Bibliographic details
Manawatu Standard, Volume LVI, Issue 120, 22 April 1936, Page 8
Word Count
179FARM PROPERTY Manawatu Standard, Volume LVI, Issue 120, 22 April 1936, Page 8
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