QUEEN STREET SALE
FH»ST AT AUCKLAND FOR YEARS. / r PRICE EQUIVALENT TO £714 FOOT. , By Telegraph—Press Association. Auckland,. Last Night. The first important sale of Queen Street property for several years has been completed, a freehold property occupied by B. J. M. Kemp Ltd. between the New Zealand Insurance Company Ltd. and the Government Life Insurance buildings being sold for £15,000. The frontage to Queen Street is 21 feet, so the price is equivalent to over £714 a foot. The depth of the section is 85ft. ’ The property, on which is a twostoreyed building, was formerly occupied by the National Insurance Company, which sold it for £25,000 in March, 1928, to a syndicate. It has now been bought by a private citizen for investment purposes.
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Bibliographic details
Taranaki Daily News, 16 October 1934, Page 7
Word Count
125QUEEN STREET SALE Taranaki Daily News, 16 October 1934, Page 7
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