Page 4 Advertisements Column 2

Hawke's Bay Tribune, Volume XX, Issue 162, 28 June 1930, Page 4

NAPIER HARBOUR BOARD. SALE OF LEASES. The following SECTIONS will be offered for LEASE at AUCTION by MESSRS. McGLASHAN A CO., LTD., at their Auction Mart, TENNYSON STREET, NAPIER, on MONDAY, JULY 28th, 1930, at 2 p.m. Area Upset Value of Deposit Lot Section Situation Annual ImproveRental meats per £ s. d. £ £ 1. T.S. 608-L Bridge Street 25.2 13 0 0 2. T.S. 619-2, Lever Street (with 10 6 0 0 75 4 house, etc.) 3. P.A. Sec. 31, Waghorne Street 20 11 5 0 150 8 (with shop and dwelling) 4. P.A. Sec. 32, Waghorne Street 20 11 5 0 5. P.A. Sec. 56/7-1, Waghorne St. 25.8 12 0 0 6. P.A. Sec. 56/7-2, Chatham St. 25.7 II 0 0 70 4 (with 2 buildings, etc.) 7. P.A. Sec. 56/7-3. Hardinge Rd. 25.7 13 0 0 130 7 (with 2 buildings, etc.) 8. S.S. 94, Lot 11-1, Burns Road 20.9 710 0 9. S.S. 94, Lot 11-2, Burns Road 19.1 710 0 60 3 (with 2 houses and motor shed) 10. S.S. 94, Lot 21, Battery Road 24 6 10 0 11. S.S. 94, Lot 22, Battery Road 24 610 0 12. S.S. 1-5, Simla Terrace 31.7 6 10 0 13. Foreshore Sec. 45, Hardinge Rd. 18 25 0 0 14. Foreshore Sec. 46, Hardinge Rd. 15 20 0 0 15. Res. adj. Sec. 22-1, Westshore .13.8 2 0 0 50 3 (with 2 whares, etc.) 16. Res. adj. Sec. 22-2, Westshore 9.3 2 0 0 30 2 (with house, etc.) 17. Res. See. 22-3, Westshore 18 4 0 0 150 8 (with 2 houses, etc.) TE WHARE-O-MARAENUI BLOCK, HASTINGS STREET SOUTH. (Part of 6-Acro Area.) Area Upset Value of Deposit Lot Section Situation Annual ImproveRental ments per '£ s. d. £ £ 18. See. 1. Hastings Street South 24 8 0 0 19. Sec. 2. Hastings Street South 24 8 0 0 20. Sec. 3, Hastings Street South 24 8 0 0 21. Sec. 4, Hastings Street South 24 8 0 0 22. Sec. 5, Hastings Street South 24 8 0 0 23. Sec. 6, Hastings Street South 24 8 0 0 24. Sec. 7. Hastings Street South 24 8 0 0 25. Sec. 8, Hastings Street South 24 8 0 0 26. Sec. 9, Hastings Street South 24 8 0 0 27. Sec. 10, Hastings Street South 24 8 0 0 The lease of each of the above lots will be for 21 years at the Upset Annual Rental above set out with a PERPETUAL RIGHT OF RENEW AL for successive periods of 21 years, the rental upon renewals to be only 5 per cent, of the value of land after deducting the value of improvements. Valuation for renewals to be fixed by arbitration. > The Lessees of Lots 2,3, 6,7, 9, 15, 16 and 17 will be required to purchase from the Board the improvements now on each of the said sections respectively at the price above set out., and to pay at time of auction the Deposit mentioned. There are Tenants in houses situate on Lots 2,3, 9, 15, 17, and a Tenant of Motor Shed on 7. The balance of purchase money for Improvements is payable at the option of the purchaser either (a) cash in one month; (b) monthly pay ments over 10 years covering Principal and Interest at 6 per cent., lessees having the option of paying off the whole or any part of the balance of the purchase money at any time. PART OF AWATOTO BLOCK. (Lower Awatoto Road). Two Fenced Paddocks for Lease, each for a period of FIVE YEARS ONLY. Area Upset Value of Deposit Lot Section Situation Annual Improve- . Rental ments Acrqg £ . 28. Section 1 12 12 X 29. Section 2 14} 21 JNO. F. KENNY. Sec. and Treasurer.

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