AUCTIONS. IMPORTANT LAND SALE. BY AUCTION. MIRAMAJt NORTH. MIRAMAR NORTH. MIRAMAR NORTH. MIRAMAR NORTH. (PHASE-MORRIS AND CO. will Sell, on behalf of tho Vendors, by Public' Aiiction, Jit the Chamber of Commerce, Wellington, J on MONDAY, JANUARY 27th, at 7.30 p.m., (he Hollowing Sections of Land, situated at Miraniar Nortli, . ' SECTION 23, BLOCK XVI, containing 39.5 perches, situate at the corner of Miramar Avenue and Parle Road,'with tram frontage'. This magnificent building site is, without exception, one of the most valuable In the Borough, situated at the junction of its two principal thoroughfares, and', in addition to." having-tram frontage, is within .easy reach of Miramar Nortli. ..... SECTION-22, BLOCK XVI, Park Road, with tram frontage. This Section adjoins the preceding one, and, with the exception of (he advantage of being a corner site, is quite as valuable -for business pur- ■ poses - SECTIONS 2fi, 27, BLOCK 111, Matai Eoad, with tram frontage.' SECTIONS 20, 21, 22, 23, BLOCIC IX s , Wha Street : ■ SECTIONS '•!. 0,8, BLOCK XII, Toru Street. SECTION; 15, BLOCK XI, Rua Street.' \ Each of the above-mentioned Sections has a frontage of GOft., and contains a quarter acre. ■ SECTIONS'- 2, 3,. 5, BLOCK XII, Toru Street SECTIONS 11, 12, IG, ; BLOCK XII, Rua Street " Each of these Sections has a four-roomed Cottago erected thereon, and each is Let toi a suitablo tenant. TERMS OF 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 THE. OTHER PROPERTIES DESCRIBED:-' i . ; , . DEPOSIT 10 PER CENT. . 10 PER CENT. G MONTHS. ' . , 10 PER CENT. 12 MONTHS. The balance in five years at 5 per cent. With the rapid development that is taking placo in settlement at Miraniar Nortli, and tin thousands of people who are bound to inhabit this neighbourhood within tho 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 caso of tram frontage, every foot of which will bo required to provide' tho business premises of the future, that will lie necessary to supply the needs ;of the people. Within ten years some of_ these sites should be worth from '.£MO to J!SO per foot, and to-day can be purchased for as many half-crowns. J. he sections that rire to bo sold with cottages thereon are an investment that will provide. an immediate return, as they are all lot to good teiftmts. There is also no likelihood of* their becoming unoccupied, as tho experience of Miraniar 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 bo a novelty indeed. Do not fail to attend at the Chamb.. of Commerce oil Monday Evening, the 27th January, at 7.30 o'clock. / ■ ' Do not fail to avail yourselves of this opportunity to secure one or tiibre of tho choicest sections in (ho wliolo BOrotlghi. aS wd have specially selected first-clafeij laiitl 'lit every instance, and the most, valuable. iu.qUr command for this our first sale of the year. i Do not fail to pay Miramar North a visit on one afternoon, before tho ovening of the 27th inst., and spend half an hour in looking at fliese sections. They are all close together, and we arc most desirous that von should verify our statement that iibtliing but first-class land, and that the very pick of progressive Miramar North, is to bo oi't'ored at this sale.
For the following reasons,'marked attention is drawn to the above sale 1. The Borough of Miramar lias shown more progress during the past four years than any suburb of Wellington. 2. Tho value of tho land that was offered to the city' a short sis years ago for ,£75,000 to-day approaches .C 1,000,000, and tho error then committed in not purchasing it is admitted by everybody. 3. The increaso in tho. population of this city, during the past few years has been 6Uch as''to assuro tho rapid development of. its suburbs; and, laying asido all prejudices, Miramar claims pre-eminence a? the suburb abovo .all others; that assures by a long way the greatest development iu the future, owing to its special facilities of transit, both by tram and water, tho extent of its area, and its four hundred acres of level land that jinst bo closely populated within a considerably short space of time. 4. Tho project to reclaim upwards of < 100 acres of Evans Bay, which has practically been decided upon, and which means tho removal of many, if not nil, of tho foundries and factories from tho city on to the land which is to be reclaimed assures the settlement of a very largo population in llirauiar in tho immediate future. 5. Tho tramway traffic of tho past holidays has shown that Miramar has had moro than her sharo of patronago from the. city than auy of the other suburbs. This in itself shows tho immense interest that is taken in Wellington's youngest suburb, which resembles a sleeping giant just about to bo aroused from liis slumber. G. The unearned increment in Miramar lands to be obtained in tho immediate future is without dispute greatly in advance' of any land in or around tho city, and investors would do well to carefully inspect the sections to be offered'for. sale, as they are all firstclass, cither tram frontage or within two or three chains of the line, and not.to be surpassed in the whole borough. Intending purchasers will bo shown ovor tho sections or houses at any time if they so desire by calling upon us. CEASE-MORRIS AND CO., ' AUCTIONEERS AND ESTATE AGENTS, 1 and 2 South British Buildings, Lambton Quay. Box 132. Telephone 2459. G833 TO FARMERS. E Have a Client at present holding soTeral first mortgages, and some good houso "properties. Wo aro instructed to cscbango tho samo for a Farm with 6tock, us a going concern. Our client has unlimited cash available, if necessary. GIBSON AND 00, ■ la Manners Street, Wellington. W. B. CHENNELLS& CO., Auctioneers, Accountants, Land, Estate, 1 and Financial Agents, MASTEIITON. • ' Tha Oldest Established and Principal Agency in Wairarap. DAIRY LEASE, LIYIO STOCK AND MILIC ROUND. A splendid opportunity occurs of securing an old-established Dairying Business, together with Live and Dead Stock; operating in oils of the best towns between Wellington and Napier. Land comprises 30 Acres, most conveniently situated near centre of town; 20 Acres of which are iu oats, and J acre potatoes. Buildings include S-rooraed house/stable, •t-bail cowshed, bavu, etc. Lease has years to run at low rent of .CGI per annum. Live stock, It cows, - horses; other stock, milk float, harness, and all necessary milk cans, etc. Daily round of 20 gallons. Price, including crop of oats and potatoes, J3310 to immediate pu rehaser. We can recommend this as a good thing, and offering an unusual chance to a man with business tact and push. , For a copy of one of the most complete Land Guides and Husiuess Registers, giving particulars of Real Estate throughout the Dominion, write to CG7& W. B. CHENKELLS AND CO.
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Dominion, Volume 1, Issue 103, 24 January 1908, Page 12
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1,206Page 12 Advertisements Column 4 Dominion, Volume 1, Issue 103, 24 January 1908, Page 12
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