SALE OF HOTEL.
——- VALUE DOUBLED IN FOUR. YEARS. By Telegraph—Pro** Association. AUCKLAND, May 3. A well-known public-house that has stood for many years at the corner of Svmoncis Street and Newton Road, tlie Edinburgh Castle Hotel, has been sold bv the licensee. Air S. J. Atkins, to Air G. H. S. Eoster, licensee of the Star Hole 1 . Newton, for approximately MO.OOO. The hotel has a frontage of ,-)7 foot to S.vmonds Street, and 100 feet to Newton Road, and bolds a prominent position In that busy localitv Mr Atkins bought the hotel in 15)22-23 for £22,000, the latest sale giving an indication of the rapid advance in values of property in Symonds Street.
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Bibliographic details
Timaru Herald, Volume CXXIII, 4 May 1926, Page 7
Word Count
114SALE OF HOTEL. Timaru Herald, Volume CXXIII, 4 May 1926, Page 7
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