Newspaper Article 1994 – $360,000 doesn’t buy Franssen house

$360,000 doesn’t buy Franssen house

Auctioneer Terry Coxon, holding the conditions of sale, at the auction yesterday of the landmark Hastings home of the late Will Franssen.

The house was passed in at $360,000, well below its government valuation of $522,000.

About 80 people attended the sale on the property in Fitzroy Avenue.

Mr Coxon said the home was one of the best in Hastings. Both the house and Mr Franssen were Hastings landmarks.

Agents are negotiating with two parties for the 5643 square-metre property and house.

Meanwhile, Mana Lodge, Poukawa, was passed in at $640,000 at auction yesterday.

Bidding for the 500 square metre home set in 18 hectares of land started at $500,000. More than 20 people attended the auction.

United Realty spokesman Barry Jones said negotiations were continuing with the highest bidder.

Original digital file

ReceveurC619_NE19940312_360000.jpg

Non-commercial use

Attribution-NonCommercial 3.0 New Zealand (CC BY-NC 3.0 NZ)

This work is licensed under a Attribution-NonCommercial 3.0 New Zealand (CC BY-NC 3.0 NZ).

 

Commercial Use

Please contact us for information about using this material commercially.

Format of the original

Newspaper article

Date published

1994

People

Accession number

619/1006/39979

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.