FARMING LAND
AUCTIONS IN MASTERTON. A good deal of interest was manifested in two sales of farming land advertised to take place in Masterton yesterday afternoon. At kis auction man in Queen Street, Mr R. S. Gerrand offered a Crown leasehold property of .792 acres, at Gladstone, about 22 miles from Masterton, on the Master* ton-Admiral Road. The Government rent is £299 17s gross. There was an attendance of something like one hundred, tlie auction room being crowded to the door, but bids were not very numerous. Bidding opened at £2OOO, jumped to £2500, and then moved by £IOO steps to £2900, where it halted. An offer by the auctioneer to accept £SO bids drew no response, and eventually the property was knocked down at £2900 to Mr Neil Fabian Blundell, son of Mr Harold Blundell, of Ponatahi.
Associated Live Stock Auctioneers, Ltd., offered yesterday a freehold property of 820 acres at Mangamahoe. After reading the conditions of sale, the auctioneer, Mr A. M. Henderson, said that the price the vendors were prepared to take was not much more than fifty per cent of what the property had been sold at to his knowledge. There was an attendance of upwards of twenty, but no bids were made. The auctioneer announced that tlie property would be held for sale by private treaty.
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Wairarapa Daily Times, 17 March 1932, Page 4
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221FARMING LAND Wairarapa Daily Times, 17 March 1932, Page 4
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