Newspaper Article 1980 – Big – sale sparks chain reaction

Big – sale sparks chain reaction

The sale of Mangatarata Station, Waipukurau, in the middle of March for more than $1.5 million has led to a spate of farm buying and selling in Central Hawke’s Bay.

The two men who bought Mangatarata’s 1021 hectares – Mr Charlie Anderton and his son-in-law Mr Don Macdonald – each put their own farms on the market.

Mr Macdonald’s 335 hectares of breeding and fattening country under the ranges at Wakarara comes up for public auction at Waipukurau on April 22.

The 445 hectares belonging to Mr Anderton, on Farm Road, 16km from Waipukurau, was to have similarly come under the hammer on May 6.

But following private negotiations, the property has been bought on behalf of the estate of W. G. Worsnop and will be managed by Mr David Robson.

However, there will still be a public auction at Waipukurau on May 6 the 189-hectare Worsnop property at Springhill replacing Mr Anderton’s.

This may all sound a little confusing but it is certainly good business for Hawke’s Bay Farmers, the agents in the middle of all the wheeling and dealing.

“As far as we are concerned this can go on indefinitely,” beamed the firm’s area manager at Waipukurau, Mr Jim Scotland.