BIG PROPERTY DEAL
STATION BRINGS OVER £lOO,OOO.
(Per United Press Association.)
Gisborne, November 6.
The biggest land deal in the recent history of Poverty Bay was completed when Mr Humphrey Bayley, the wellknown station owner, added Tangihau Station to his already substantial holdings.
The price is reported to be in excess of £lOO,OOO. The property comprises 15,157 acres 32 miles inland from Gisborne and was acquired in 1928 by the late Mr A. M. Georgetti, after being bought in at auction at £115,000. The Georgetti estate was the vendor at yesterday’s deal.
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Bibliographic details
Southland Times, Issue 22732, 7 November 1935, Page 4
Word Count
92BIG PROPERTY DEAL Southland Times, Issue 22732, 7 November 1935, Page 4
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