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AUCTIONS, .IMPORTANT lAKD SALE. ■: * BY AUCTION. • ' miramar north. miramar north; MIRAMAR NORTH.■'■' MIRAMAR NORTH. £jHASE-MORRIS AND CO. will Sell, be-; half of. the ..Vendors, by Public Auction, at the' Chamber* of'Commerce,''Wellington, on -MONDAY, JANUARY 27th,.at 7.30 p.m., ! the following of Land, situated at,' Miramar North* -> •' . .... • SECTION 23, BLOCK WI. containing 39-5 perches, situate at'the corner! of Miramar. Avenue and Park Road, with tram frontage. This magnificent building -site- is,' , without exception, one of the most valuable in the Borough,' situated at the junction of itr. t'.so principal thoroughfares, and, in addition to having tram frontage, is within easy reach.of Miramar North. ;' • '• SECTION 21',-BLOCIv- XVI, Park Road, with tram frontage. This Section .adjoins'the one, and.^with the .exception ot the advantage of being a corner site, /is quite as valuable' for business pur- : ' poses': • " SECTIONS 26, 27, BLOCK 111,-Matai Road, with tram frontage. \ . SECTIONS 20, 21;-22/ 23, BLOCK r IX/Wha: \ Street i . . / A... : ;' ' SECTIONS i. (!, 8, BLOCK XII, Toru Street. . SECTION 15, BLOCK XI, Rua Street. . Eachj of, the above-mentioned Sections has a -frontage of. GGft., and contains' a quarter • acre. i ! . • SECTIONS 3, 5, BLOCK' XII, • Toru! . Street. •' SECTIONS 11, 12,. 16, BLOCK XII,. Rua Street . Each of these Sections has a four-roomed Cottage erected thereon, and each is Let to a suitable tenant. • ; ' TERMS' OP SALE. ■ SECTIONS 22 AND 23, 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. tfHE OTHER PROPERTIES DESCRIBED:- .'/ DEPOSIT 10 PER CENT. . . : : '• - .10.'PER CENT;. G MONTHS/ 10 PER CENT. 12 MONTHS.' The balauce in five years at 5 per cent. With the rapid development that is taking, placo iii settlement at Miramar North, and tlia thousands. of . people who are bound to inhabit this neighbourhood; within the next few years, a rapid rise, in values/is bound? to continue 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, the business premises of the iuturc, that will.be necessary to supply the needs'of the people. WithiA ten years some of. these sites should be worth from £40' to J250-per foot, and to-day can be purchased for as many half-crowns. . - . ; ' The .sections that are to, be sold with cottages thereon aro an/investment that will pro- 1 vide an immediate return, . as, they are all let' to good tenants. There is. also no' likeli-' lio6d of their becoming unoccupied, as the experience of Miramar North has'been that 'houses are not erected fast enough, although many have been built to supply ; the requirements of the people, and an empty house at Miramar would be a noVelty indeed. •"" Do not fail to nttend at the Chamber of Commerce on ' Monday " Evening,": the 27th January, at 7.30 o'clock. , , Do not fail to avail yourselves of this opportunity to secure one. or more of the choicest sections in this whole Borough, as we hayo,specially selected fir6t-class land in every instance, and the most valuable at our command for tius our first sale of , the , year. ' Do not fail to pay Miramar North a visit on one afternoon, before the evening of the 27th, inst., and spend half aij hour in looking at these sections; They are all close together, and we are most desirous that you should verify our statement that nothing but first-class land, and that the very pick of progressive, Miramar North, is to be offered at this sale. For the following reasons, marked attention is drawn to the above sale 1. The Borough of Miramar has shown more progress during tha past four • years than any suburb of Wellington. 2. The value of the land" that was offered to the city a short six years ago for .£75,000 to-day approaches .£1,000,000, and the error then committed in not purchasing it is admitted by everyhody. v . _3. The increase in the - population v of this_ city during the-past few years has been such' as : to assure the rapid development ,of its suburbs; and, laying aside all prejudices, Miramar claims pre-eminence as the suburb above all others that assures by a long way the greatest development in the future, owing to its special facilities of transit, both by tram and water, the extent of its area, and its four hundred acres of level land that must ho closely populated within a considerably short spaco 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 the city on to the land which is to be reclaimed assures the settlement of a very large population in Miramar in the immediate future. 5. The. tramway traffic of the past holidays has shown that Miramar has had more than her share of patronage from the city than any of the other suburbs. This in itself shows the immense interest that is'taken in Wellington's youngett suburb, which resembles a sleeping g'iant just about to be aroused from his slumber. G. Tho "unearned increment in Miramar lands to bo obtained in the immediate future is without dispute greatly in advance cf any land in or around the city, and investors would do well to carefully inspect the sections to bo offered for sale, as they aro all firstclass, either tram frontage or within two or three chains of the line, and not to bo surpassed in the whole borough. Intending purchasers will bo 6hown over tho sections or houses at any time if they so desiro by calling upon us. CHASE-MORRIS AND CO., AUCTIONEERS AND ESTATE AGENTS, 1 and 2 South British Buildings, Lambton Quay. Box 132. . Telephone 2459. - . G833 A CHEAP PROPERTY. AA/ifi ACRES first-class country; 1000 /iUUvr acres 0.R.P., Ills, per acre; 1000 acres L.1.P., AOO acres in grass, balance good bush. Good house 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 ,£IOOO cash. Would sell half.Also 2000 acres splendid milling bush. Apply sharp to • ORBELL & CO., LAND AND ESTATE AGENTS, TALMIiRSTON NORTH. C 725 IMPORTANT SUBDIVISION Of TOWN PROPERTY, OPPOSITE THE HASTINGS RAILWAY STATION. npHE undersigned have received instructions to offer for Private Sale:— • SUBDIVISIONS ot that valuable block of land, immediately opposite tho Hastings Railway Station, witli frontages to Station Street, Avenuo Road, : ..d St. Aubyn Street. Site Unsurpassed For SHOPS, HOTEL, MOTOR GARAGE, ETC. Plan and all particulars on application to R. IBRATMWAS7E & SON, LAND AND ESTATE AGENTS, HASTINGS. C 707

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19080121.2.87.6

Bibliographic details

Dominion, Volume 1, Issue 100, 21 January 1908, Page 12

Word Count
1,108

Page 12 Advertisements Column 6 Dominion, Volume 1, Issue 100, 21 January 1908, Page 12

Page 12 Advertisements Column 6 Dominion, Volume 1, Issue 100, 21 January 1908, Page 12

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