THE RHODES ESTATE

Dominion, Volume 8, Issue 2432, 10 April 1915, Page 9

THE RHODES ESTATE

AUCTION SALE OF CITY PROPERTY. An event that is being looked forward to with eagerness by investors is the auction sale of the properties in the estate of the Hon. W. B. Rhodes and Mrs. S. A. Rhodes. This sale will tako place on Thursday, April 29, at 2.30 p.m., in the Chamber of Commerce, Customhouse Quay, Wellington. Messrs. J. H. Bethune and Co. Haroourt and Co.. W. H. Turnbull and Co., and Mr. S. George Nathan have been favoured with irstructions to conduct the sale. It is the determination of the trustees to effect sales of the various lots offered, and in consequence reserves have been fixed at the lowest possible figure. A special advertisement giving full details of the properties to be offered appears in this issue. It will be seen thai included in the lots for auction are various main thoroughfare sections suitable for wholesale and retail premises. In the trianglo formed by Lambton Quay, Featherston and Grey Streets there are valuable sections with frontages to each street. As these sections join one another on the' back boundary, they offer special facilities for up-to-date business premises. Other sites on Lambton Quay include the sections between Messrs. George.Mee, chemist, and Whittaker Bros., with three frontages, the frontage to the Quay having 42ft. llin. The buildings and land known as the Golden Rule Bazaar offer another good chance. Very fine sections are also offered in Wakefield Street (opposite Town Hall), in Cuba Street, Cornhill Street, Tory Street, and Tinakori Road. Chief amongst tho residential properties is "The Grange," a most delightful home. The grounds, comprising some 4 acres, are tastefully laid out in garden, lawn, and shrubs, and command an uninterrupted view of the harbour and cit.y. The buyer of this lot will have the option of purchasing one or more of tho ten ■ adjoining sections. Residential sites are also offered in Wadestown and Goldie's Brae. Complete catalogues giving detailed plans ana all particulars are how being prepared, and will be available in tho course of a few days. Further details can be obtained from any of the aboye-mentioned auctioneers. ,