CITY PROPERTY SALE.
HIGH STREET WAREHOUSE
PRICE EQUALS £345 A FOOT.
That High Street is fast becomicg a shopping thoroughfare is indicated by a property salo just concluded. A sectipn of land with a frontage of 39ft, to High Street and a depth of 70ft., bearing a two-storey brick warehouse, has been sold to a syndicate by the trustees of the Peacock estate for £13,397 10s, which is equivalent to £345 a foot. The property is opposite , Courthouse Lane, and adjoins the former premises of E. Porter and Co. The new owners mean to renovate the building, add a third storey, and convert the ground floor into shops. The land and building were offered at auction on .September 18 last by Messrs. Rutherford, Robinson and Austin, and were passed in at. £335 a foot. *
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Bibliographic details
New Zealand Herald, Volume LXIII, Issue 19264, 1 March 1926, Page 10
Word Count
134CITY PROPERTY SALE. New Zealand Herald, Volume LXIII, Issue 19264, 1 March 1926, Page 10
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