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HOUSING IN DUNEDIN

civic scheme approved PURCHASE OF SECTIONS [BY TELEGRAPH —PRESS ASSOCIATION] DUNEDIN, Monday

Approval was given by tho City Council to-night to a scheme brought down by the Finance Committee for the erection of houses on the council's property at Clyde Hill, Cavershnm. The scheme involves the sale of 50 sections of one-eighth acre each at an average cost of £125. The council would have to find £2OOO for roading.

The Mayor, tho Rev. Ji. T. Cox, said the money could bo obtained at 4 per cent. Tho total cost of a house and section would be about £7OO and tho total cost to tho purchaser would be about 10s a week and additional payments would go toward payment of principal and other expenses. It was proposed that private institutions should supply the finance.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19351015.2.106

Bibliographic details

New Zealand Herald, Volume LXXII, Issue 22240, 15 October 1935, Page 10

Word Count
136

HOUSING IN DUNEDIN New Zealand Herald, Volume LXXII, Issue 22240, 15 October 1935, Page 10

HOUSING IN DUNEDIN New Zealand Herald, Volume LXXII, Issue 22240, 15 October 1935, Page 10