BUILDING ALLOTMENTS IN QUEEN STREET.

New Zealand Herald, Volume I, Issue 121, 2 April 1864, Page 4

BUILDING ALLOTMENTS IN QUEEN STREET.

Tt is seldom that nn opportunity occurs of picking up thirtv allotments in one of the principal street-; of the city at public auction, but on Mondav Mr. Samuel Cochrane will ofler. at his auction mart. Fore-street. so many allotments. Of these, six have frontages to Upper Queenstreet. and the remaining twenty-four to n street laid out into the same. Of the value of an allotment having a frontage to this part- of Queen-street we need say little. Within the last two or three years the business portion of Queen-street, once confined to the lower end, has gradually and steadily increased, until now at (lie foot of Upper Queen-strecf as much business is transacted as was done five vears ago at the lower end of the street. Pefore many months are over the new market house will be commenced 011 the market reserve at the foot of AVakeiield-street. and the terminus of the Auckland and Prurv Eailway will most unquestionably have to be brought almost to the very spot where these allotments are now for sale. Of the allotments oil' Queen-street, which form the greater portion of the property to be disposed of on Monday, the larger number will. 110 doubt, be purchased for the erection of cottages for those of the working classes, whose employment Iving in the city itscli renders it necessary for them to live within the citv. There is a great lack of such buildings. and their erection at the present time, dear as is the price of material and labour, is a paying speculation* It is also a verv pressing necessity, if we consider the overcrowded state of the city, where it is no exaggeration to savihat as many as four families inhabit, in some instances, houses incapable o! a fiord in 2 decent accommodation even lor one so scarce is house room in Auckland.