ONEHUNGA LAND SALE.

New Zealand Herald, Volume II, Issue 441, 12 April 1865, Page 4

ONEHUNGA LAND SALE.

colonel kenny's vexsionku pick. Those on the look-out for eligible investments in Onehungn. were rather surprised the other day to hear that the very valuable property of Colonel Kenny had changed hands, and was about to be cut up into building allotments and placed in the market. It will be sold by auction, on Tuesday next, by Messrs. Jones and Co.. at the Brunswick Buildings. There are many who think, and we believe rightly, that laud speculation in Onehunga is likely to be very profitable. As yet, the prices of land there, though they have risen more than 11)0 per cent, during the last six or seven months, are \cry low in comparison to what they must arrive at in the course of a few years. There can be no doubt as to the future of Onehunga. It is the harbour of the west coast- —the short cut from all the southern provinces on the west coast of either island to the real capital, at any rate, to what must ever be the chief commercial city of New Zealand, and it possesses not only this enormous advantage, but is the natural depot for much of the future produce of the Waikato. 'J he widening and clearing of the Awaroa Creek will one da}connect the Waikato river with the Waiuku river at the head of the Mainikau harbour, and thus cut oil' much of the direct shipment from Port Waikato—while it will leave almost to Onehunga alone a monopoly of supplying goods to the Waikato districts, for the then direct inland water carriage, without transhipment, from the Onehunga wharf to the head of the "Waipa and II orot hi rivers, avoiding, as it will, the dancers Df the •"' bars" and of the west coast, will be able to compete successfully for cheapness even with the direct railway communication which Auckland may then possess.. The property to be sold by Messrs. Jones and Co. on Tuesday next consists of 21 acres of rich grass land, situated in the very heart of the town, and having a long frontage to the main street, Queen-street. The traffic from Auckland comes down Trafalgar-street into Queen-street,immediately opposite this property, and Queen-street has lately been continued down to that point of the inner harbour where alone there is deep water. A Government wharf has been built and vessels now load and unload passengers nnd cargo there. There is a roomy and spacious family mansion upon the property lately occupied by Colonel Kenny, which, together with three acres of laud, including the gardens about it, will be put up in one lot, the purchaser having the option of taking lots 1-10 to ll'J on the other side of Cameron-street.

The streets have beenlnid out the full breadth of one chain wide, and all of them rim into continuous Government streets ; the property being hounded on one side by Queen-street aud on another by Penrose-street. and on a third by the Mount Smart lioad. The depth of the lots varies from 100 to 1-R> feet, and so uniform is the surface that we may safely say there is not a bad lot upon it. The whole property commands a beautiful panoramic view of the Mauukau harbour and the surrounding country, including the town of Otahuhu. Tins' little property was the selection of Colouel Kenny in the days of the first settlement of Onehunga and was made with excellent judgment.