LAND SALE AT NAPIER.

Dominion, Volume 1, Issue 178, 23 April 1908, Page 4

LAND SALE AT NAPIER.

•..CD^^TELEGEArn'.—SrECIAL CORRESPONDENT.) ' ' Napier, April ,22. . >One;:ot. tho- most--:important '■ undertakings ■ n..Napier, has/vbeen-the gradual moulding of .h0... \VUareomarauinii„reservo into a habitible living place. -.. This magnificent'.work has' icon -an excebdingly' live topio during tho last fow 'months, and intorest reached a lulminating. .'point:', this : afternoon when tho iplendidly-reclaimed sections wero placod on :lio" market at a public salo at the Theatre loyal, , Tlj.o. intorest evinced in tho salo was harked'by'the exceedingly large attendance if the public," and-although tho bidding dismayed a spico '-of tho speculative element, ttva3- distinctlyGdehionstratcd that 1 Napier southv as-tho liind, is to be callcd, was regarded as a valuable" addition to the town, ind.a residential quarter of rising prospcets. Fhb;. Thoatro : Boyal was crowded, and the irocealiiigs, were-distinctly' animated. The salo was 'conducted by Messrs. G. and li. iloadloy; and : bids" came -with a ; briskness ilrat'showed:-keen demand for the land, and i total of 122 allotmouts wore sold at'prices ■anging from £80 for a section 15 porchcs n-area,"to £350 for tho rood (38 porches). Pho salo comprised for tho most part spc;ions adjacont to the main town, hut tho jrcator part of the roservo has still to bo ilaced upon tho market. .The demand for ihd'." Ihhd ; proved .extremely satisfactory to ;he ■ syndicate responsible for tho roclamaaoa» : . -- . .1-