Page 9 Advertisements Column 1

Press, Volume LV, Issue 16528, 21 May 1919, Page 9

Jones, McCrostie Go. Ltd. IMPORTANT AUCTION SALE OP VALUABLE CITY BLOCK. THL'KSDAY, MAY 29th, AT 2 P.M. IN OUR LAND SALEROOMS. TO BUSINESS FIRMS, CAPITALISTS, INVESTORS FOR QUICK PROFITS, OR SAFE INVESTMENT FOP. THE FUTURE. CALF. OF A VERY FINE BLOCK OF CENTRAL CITY' BUSINESS PROPERTY, J} .uLLED FOR BUILDING FACILITIES. ]6G FEET FRONTAGE TO COLOMBO STREET. ir,4 FEET 5 INCHES TO ST ASAPH STREET. 133 FEET 11 INCHES TO MOLLET STREET. A TOTAL STREET LIGHTING. AS IT EXISTS, OF 434 FEET!! SUBDIVISION. If wanted for Subdivision for Shops 011 Colombo 6treet, we get Ten Shoos each IC.'t Gin \ride, le«s thicknefs occupied for wain. If such chops be erected to a uniform c'cvat'.ou, •-party tvallfl csn be used throughout, a vcr* considerable 6um in coat o: crcctiyiu v AS TO DEPTH OF SECTIONS. We have virtually, feet to deal with. Thai, depth i 3 too much, and for t!;c general ■convenience of shops a RIGHT-OF-WAY IS NECESSARY. That can easily be provided by taking its reqyirtrJ width, say. 12 feet, out cf the 13-1 fattjjeaving Sections 122 feet in depth. That depth is far and away beyond that of jr.oet ehops, and for central ;nain street frontages-, now, and timo.to c-onio is invaluable. Nearly ail the centrally situated thopa in Christchurch lack the depth and Right-of-way advantages attaching to thi3 Block. A SECOND METHOD OF SUBDIVISION IS T& "ive to the Shops a depth of S5 feet, then a Ri?!it-of-way 12 fe?t in width, running Vorth and South from St. Asaph slvect to Mollet street, leaving * A IVA REHOUSE BUILDING STREET h*Ting .17 feet frontage to St. Asaph street and Mollet street and also on the proposed Hight-of'way of 166 feet. That would give a grand Warehouse, or rooms for a Manufactory requiring good lighting occoinmodaaon. Taink, too, how easily such a "Warehouse coiu.l I*s worked for loading unci purposes through the ?<lvantac, f Pft conferred hv tlio loading frontage. Such lighting and working facilities it would be difficult to Snd. in the City, and «o close in. • AS A SITE FOR A W AREHOUSE, CENTRAL, it cannot bs equalled. There aro THREE EXISTING I*RON PAGES, Colombo street, St. Asaph street, Mollct street, AND A FOURTH CAN Bh CREATED by the Right-of-wav construc'ion on the Western Side. That provides a cr Land WITH A ROAD ON ALL FOUR SIDES, "WITH ITS MAIN FRONTAGE ON THh PRINCIPAL STREET OF CHRISTCHURCH. Think of the' FACILITIES it provider for working an extensive business or businesses, and what MAGNIFICENT FLOOR SPACE and WINDOW LIGHTING is obtainH. Ninetenths oft he Warehouse?, and the larger Shoj>3, have but back and front lighting—indifferent and insufficient tor tho proper display of situation holda advantages now tiiat will nrove invaluable as time rolls on. " ITS POSITION. It cannot be denied that Colombo street IS'TIIE MAIN STREET OF CHRISTCHURCH, and bears the same relative position as Thorndon quay, Willi? street, and Cuba street do to SVellirigton; Princea and George street to Dunedin, and Queen street to Auc.'clttSll COLOMBO STREET will shortly be ONE CONTINUOUS RETAIL BUSINESS JTREET, from Victoria, square light through Sydenham. This property is but 21i chaina distant from the Bank of X.Z., IJJ from Cafitel street. ol {»om Lichfield street, and 2J from Tuarn street. THERE IS NOT A WAREHOUSE cttw IN LICHFIELD STREET (ONLY THE SOFT GOODS CENTRE). ONLY 8J rHAINS DISTANT, that POSSESSES ONE TITHE OF THE ADVANTAGES ATTACHING TO THIS SITE. COLOMBO STREET IS THE CONNECTING STREET WIH SYDENHAM. That cannot bo altered. It takes the pedestrian and Tram Trafno to East and West Sydenham, it., rgahmere Hills, Bockenham district, to Addington. Lincoln road, and Opawa. COLOMBO STREET IS, now, THE WESTERN BOUNDARY OF THE RAILWAY STATION, and the absolute und urgent necessity of better passenger accommodation and Consequent re-building and rearrangement of the Station opene up possibilities of enhanced mines in the neighbourhood. COLOMBO STREET will be ONE LONG CONTINUOUS RETAIL SHOPS STREET. And tho.retail ehop« streets of Christchurch are now definitely formed. Take Hereford street—all offices; Cashel street as a good ehop street, but confined now,-in length; LichiMd street is a- wn-rehouse street altogether; Titara street i 6 used for manufacturing purposes nnlv and St. Asaph Btreet also. High street (shops). COLOMBO STREET IS LEFT ALONE TO PROVIDE THE SHOPS AND TO CARRY ALL THE PASSENGER TRAFFIC. Tho trend of Business Premises i* towards the Railway Station premises, but Colombo street ia still the only street for Shop purposes. . PURPOSES. FOR WHOLESALE WAREHOUSES —Second to none. FOR A PUBLIC MARKET it is an ideal site. Central to the City, Tram Service along Colombo street to a.ll parts, half an acre for subdivision into Departments. (Fish, Flesh. Fowl. Fruit, Dairy Produce, Farm- Produce, Cool Chamber). \ , fcOR A PRIVATE COMPANY" MARKET, carrying out tho objects' just named, togethor with Fieh and Luncheon Rooms. ' ■ FOR A LARGE PRIVATE HOTEL OR RESTAURANT with Shops on Ground Floor fronting Colombo street. FOR SHOPS AND DWELLINGS IN" CONJUNCTION. . FOR A MOTOR GARAGE, position ■unequalled, as all North. South, ana WEST Traffic would have no need to cross the Main Arteries of the City. Tt mint lie remembered, in connexion with these suggestions, that n. VERY LARGE PROPORTION OF THE POPULATION OF CHRISTCHURCH IS RESIDENT SOUTH OF THIS BLOCK, which is fast becoming inOTe central than we liavo been accustomed 'tHE°COLOMBO STREET FRONTAGES from the Bank of X.Z. to thia Block are all firmlr held, and compulsory realisation will be the only opportunity to buy a: Freehold. IT IS -A FACT. DIFFICULT OF EXPLANATION. THAT CHRISTCHURCH CENTRE FREEHOLD IS THE CHEAPEST, COMPARATIVELY. OF THE LEADING TOWNS IN THE DOMINION. Andyot NO TOWN HAS A MORE ASSURED FUTURE. Remember that the frontage to Colombo etreot is 166 feet, and that every advance *)i £5 per foot (there is plenty of room for expansion) means a profit of ncavly ; £1000. We recommend this property with the. utmost confidence as one certaih to go on rising in value.. It nraat by virtue of ita position. For all further particulars apply to the Auctioneers and Sole Agents, JONES, McCROSTIE COMPANY, LTD., 8336 1 Corner Cashel and Manchester streets, ChristchiucJi.