SALE OF CITY PROPERTY
CHANGES HANDS AT £25,000
£IOOO PER FOOT FRONTAGE
The sale was completed last Wednesday of the property in Princes street adjoining Woolworth’s, occupied mainly by Bells, Ltd., and owned by Messrs Coulls, Somerville, Wilkie, Ltd., at a price of £25,000. There are 15 perches in the area, with a frontage of approximately 25 feet to Princes street and a depth of 165 feet. On the property is a two storey building and a basement, and the ground floor is occirpied by Bells, Ltd., who have a tenancy with still two years to run. The sale has been made to a. resident of Christchurch. The price paid works out roughly at £IOOO per foot frontage, which is indicative of the value of property in the main streets of the city.
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https://paperspast.natlib.govt.nz/newspapers/MTBM19371103.2.43
Bibliographic details
Mt Benger Mail, 3 November 1937, Page 4
Word Count
133SALE OF CITY PROPERTY Mt Benger Mail, 3 November 1937, Page 4
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