Newspaper Article – $538,875 for 23 hectares

$583,875 for 23 hectares

An undisclosed Hawke’s Bay buyer paid $538,875 for 23.2895 hectares (57.50 acres) of bare land in Gilligan Rd, Pakowhai, at a public auction yesterday.

The land, offered in two blocks on behalf of Linmont Farm Ltd, was described as naturally fertile and suitable for a variety of intensive horticulture, berry or orcharding programmes.

One block of 11.8319 hectares (29.25 acres) sold for $10,600 an acre and the other of 11.4576 hectares (28.25 acres) went for $8100 an acre.

The auction was conducted by Wrightson NMA Ltd and was held at the DB Te Mata, Havelock North.

Original digital file

WakeC836_353887For235Hectare_033.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

About 1981

Accession number

836/1181/36399

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.