Newspaper Article 1981 – $11,000 an acre paid for orchard land

$11,000 an acre paid for orchard land

Slightly more than five hectares (12 acres) of orchard land on the Hastings City boundary sold for about $27,000 a hectare ($11,000 an acre) yesterday.

The property, in Norton Rd, was auctioned on behalf of Messrs S. and C. E. Royal and bought by a Hastings district orchardist who wishes to remain anonymous.

About 28 people attended the auction at the Angus Inn where bidding began at $90,000 and reached $130,000 before the property was passed in. It later sold by negotiation for $136,000.

The land was sown in lucerne last autumn and was partly drained. Its soil was mainly class 19 Kaiapo clay loam. A large farm shed was included.

[Handwritten on article –
TOORAK
COLIN]

Original digital file

WakeC836_111000Acre_037.jpg

Date published

3 July 1981

Format of the original

Newspaper article

Publisher

The Hawke's Bay Herald-Tribune

Acknowledgements

Published with permission of Hawke's Bay Today

People

  • C E Royal
  • S Royal

Accession number

836/1181/36397

Do you know something about this record?

Please note we cannot verify the accuracy of any information posted by the community.

Supporters and sponsors

We sincerely thank the following businesses and organisations for their support.