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AUCTIONS. I IMPORTANT LAND SALE. BY AUCTION. MIRAMAR NORTH.' MIRAMAR NORTn. MIRAMAR NORTH. . , MIRAMAR NORTH. rinASE-IfORRIS AND CO.; will Sell,; on be- - V. half, of the .Vendors, by Public x Auction, at the Chamber of Commerce, Wellington; on MONDAY, JANUARY 27th,-at 7.30 p.m., ' the following Sections :of Land, situated at 1 Miramnr North:— / . v . SECTION 23, BLOCK XVI, containing 39.5 ■ perches, situate at tlie .corner of .Miramar ' Avehue.and Park Road, with tram front- . a t?e. This magnificent building site is, | without exception, one.of tin? inost valuable in the Borough, situated at the junction of it's principal thorough- ■< fares, and,, in addition: to having tram.: ' frontage, is within easy reach of .Mirainar North. - - • • . _ r SECTION 22,' BLOCK XVI,-Patk Eoad, with : tram frontage. This Sections adjoins the • preceding ' one, and, with the exception of the advantage of being a corner site, is quite as . valuable for'business pur- . .posea . SECTIONS 26,'-27,•'••BLOCK 111,. Matai Road, with tram frontage. , SECTIONS 20, 21, 22, 23, BLOCK IX. Wka ■■ Street SECTIONS 4.6,8, BLOCK Xll, Toru Street. : SECTION 15, BLOCK X), Itua Street. "■ ; - Each of the above-mentioned Sections has \ a frontage of GGft., .and contains' a- quarter acre. \ - . .. • SECTIONS 2, 3, 5, BLOCK XII, Toru Street. - ■-• ■ ? • ■ SECTIONS 11, 12, 16, BLOCK XII, Run Street • < Each of these. Sections'has a .four-roomed Cottage erected thereon, and each is Let to a suitable tenant. • _. TERMS OF SALE. SECTIONS 22 AND 2,1, BLOCK XVI;DEPOSIT 10 PER CENT. , 10 PER CENT. 3 MONTHS. ■'■ • • .10 PER CENT... G MONTHS. . The balance in twelve months, with interest in meantime at 5 per cent. FOR THE OTHER PROPERTIES DESCRIBED:- : DEPOSIT 10 PER CENT. 10 PER . CENT.: 6 MONTHS.. . .; 10 PER CENT. 13 •'MONTHS. . ; . The balance in five years at 5 per cent.' i With the rapid development. that is talcing place m settlement at Miramar North, and . tho thousands .of people who arc bound : to inhabit this neighbourhood within, the next few years, a rapid rise in values is bound to, continuo in respect to all land at Miramar > North, and especially so in the case of tram frontage, every foot of which will be required . to . provide tjie business premises of j the, future, that 'will be necessary to supply the 1 ' needs of, tho people. Within ten, years some of these , sites, should be worth from J340 to .£SO per foot, and to-day. can be purchased for L as many half-crowns. The sections that are to he sold with' cottages thereon- are an investment that will provide an immediate, return, as they are all let to good tenants'. , There is also no likelihood of their becoming unoccupied, • as 'the experience of Miramar North has been that !• houses are not erected fast enough, although J many have been built' to supply .the • require--1 ments of tho people, and an empty house- at Miramar would be a novelty indeed*, i 3 Do not fail, to attend at the Chamber of Commerce on Monday Evening, tho 27th j January, at 7.30 o'clock. 1 Do not fail to avail yourselves of this opportunity to secure one or more of the choicest sections in tho whole Borough, as we ■ havo specially selected first-class land in every instance, and thO most valuable at our command s for'this our. first sale of the year. r Do iiot fail to pay Miramar North a visit r on . one afternoon, before the evening of the 6' 27th iilst.', and spottd half an h'oiilr in looking at these sections. | . They are all close together, and we are most desirous that you. should verify our statef niont that nothing but .first-class land, and ' that the verv pick of progressive Miramar North, is to be offered at this sale..

For the' following reasons, marked attention is drajvnto the above sale:— 1. Tlio Borough of Miramar has shown more progress during the past four years than any suburb of Wellington. 2. The value of the land that was offered to tlio city a 6hort six. years ago for .£75,000 to-day approaches ,£1,000,000, and the error then committed'in not purchasing it is admitted by everybody. 3. The increase,. in tlio population of this city, during the past few years lias been such as to assure the rapid development of its suburbs; and, laying asido all prejudices, Miramar claims pre-eminenco as the suburb above all others that assures by a long way tlio greatest development in the future, owing to its special facilities of transit, both by tram and' water, tlio extent of its aroa, and its four hundred acres of level land that must bo closely populated within a considerably 6bort space of time. 4. The project to : reclaim upwards of 100 acres of Evans Bay, which has practically been decided upon, and which means the. removal of many, if not all, of the foundries and factories from tlio city'on to the land which is to be reclaimed assures the settlement of a very'largo population in Miramar in the immediate future. 5. Tho tramway traffic of the past holidays has shown .that Miramar.has had more than I her share of patronage from the city than any of tho other suburbs. This in itself shows tho immenso interest that is taken in Wellington's youngest suburb, which resembles a sleeping giant just about to be aroused from his slumber. , 6. The unearned increment in Miramar lands to bo obtained in the immediate future is without dispute greatly in advance of any land in or around the city, and investors would do well to carefully inspect tho sections to bo offered for sale, as they are all firstclass, either tram frontage or within two or three chains of tho line, and not to be surpassed in the whole borough. Intending purchasers will bo shown over the sections or bouses at any time if they so desiro by calling upon us. CHASE-MOfeRIS AND CO., AUCTIONEERS AND ESTATE AGENTS, 1 and 2 South British Buildings, Lambton Quay. Box 132 Tolephone 215!). 6533 . A CHEAP PROPERTY. ACHES first-class country; :00ft acres 0.R.1'., llis. per acre; 1000 acres L.1.P., 300 acres in grass, balance good bush. Good houso and outbuildings; 2 acres orchard. Well watered and subdivided. Close to creamery and post office. Grass carries 1500 sheep and 45 milking cows. Price only £3 per acre, with <£1000 cash. Would sell half. Also 2000 acres splendid milling bush. Apply sharp to ORBELL & CO., LAND AND ,ESTATE AGENTS, PAIMERSTON NORTH. C 725 ' IMPORTANT SUBDIVISION Of TOWN PROPERTY, OPPOSITE THE HASTINGS RAILWAY STATION. TIIE undersigned have received instructions to offer for Private Sale;— SUBDIVISIONS ol that valuable block of land, immediately opposite the Hastings Railway Station, with frontages to Station Street, Avenue Road, i..d St. Aubvn Street. Site Unsurpassed For SHOPS, HOTEL, MOTOR GARAGE, ETC. Plan and all particulars on application to R. BRATHWAITE & SON, LAND AND ESTATE AGENTS, ' "iramiMfj.H P.TO7

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19080120.2.80.6

Bibliographic details

Dominion, Volume 1, Issue 99, 20 January 1908, Page 12

Word Count
1,134

Page 12 Advertisements Column 6 Dominion, Volume 1, Issue 99, 20 January 1908, Page 12

Page 12 Advertisements Column 6 Dominion, Volume 1, Issue 99, 20 January 1908, Page 12

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