SALE OF MAGNIFICENT FREEHOLD CENTRAL BUSINESS BLOCK. IN THE PIEART OF THE CITY OF WELLINGTON. THE WELL KNOWN CORNER PROPERTY IN WILLIS STREET AND CHEW'S LANE. In the Estate of the late MR. ROBERT LAERY. ON TUESDAY, 20th JANUARY, 1903, At 2.30 o'clock p.m.
MACDONALD, WILSON, AND CO. are favouied with insti uetions from the Executois in the Estate of the late ROBERT LAERY to sell by public auction as above — ONE OF THE LARGEST AND MOST VALUABLE BUSINESS BLOCKS OF FREEHOLD LAND IN THE CITY OF WELLINGTON, with the Biick and Cement Buildings and other Erections thereon. The block has a frontage of 111 feet 6 inches to WILLIS STREET, and 119 feet 1£ inches to CHEW'S LANE, and the buildings upon the block are occupied by Messrs. Levien, Shallcrass and Co., Deslandes, Darcy Ford, and others. Willis Street is the chief artery through which the whole retail trade of the city of Wellington flows, and the Laery Block is in the very centre of Willis Street, and admittedly about equal in value to the celebrated Byko coiner. Nothing has been more remarkable during the past few months than the rapid advance in value of the best business freehold sites in the city of Wellington. From every quaiter of the Colony and fiom Austiaha capital is flowing into the city of Wellington for investment in freeholds in its leading streets. The causes of the influx are not far to seek. The progressive policy of the past twelve years has touched eveiy corner of New Zealand as with a magician's wand, creating wealth and biinging happiness and prosperity to the people. The city and district of Wellington stand out clear from the rest of the colony in having reaped a larger measure of the benefits of such piogiess and development, and with the enormous area of vacant lands north of the city awaiting settlement it is now seen that it is impossible to fix a limit to the wonderful expansion awaiting the Empire City. All this points to the absolute safety and permanency of investment in Wellington real estate ; and it can be said without hesitation that no block of freehold in the whole city of Wellington demands such careful attention at the hands of the banker, the financier, and the capitalist as the great corner now on the market in consequence of the death of Mr. Robeit Laery. Teims — Ten per cent, deposit; financial airangements of an easy character for the balance at 5 per cent, interest per annum. Lithogiaph plans, showing the property in detail, can be had on application. Conditions of sale and fuller paiticulais may be obtained on application to the Auctioneeis, or to Messis. MENTEATH & BEERE, Solicitois, Featherston Stieet.
-TXT ANTED. GIRLS FOR BOX MAKING AND BOX FILLING. Proficient box filleis can earn 35s per week. A\eiage, 25s pei week. Leaineis guaianteed 7s 6d per week. WORK EASY TO LEARN. Apply R. BELL AND CO., LTD., Revans Street, Newtown. Trams pass the gate.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZFL19030110.2.33.3
Bibliographic details
Free Lance, Volume III, Issue 132, 10 January 1903, Page 21
Word Count
498Page 21 Advertisements Column 3 Free Lance, Volume III, Issue 132, 10 January 1903, Page 21
Using This Item
No known copyright (New Zealand)
To the best of the National Library of New Zealand’s knowledge, under New Zealand law, there is no copyright in this item in New Zealand.
You can copy this item, share it, and post it on a blog or website. It can be modified, remixed and built upon. It can be used commercially. If reproducing this item, it is helpful to include the source.
For further information please refer to the Copyright guide.