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FIFTY YEARS AGO.

. , ''if -\ > ' ''/I ' ' '< ! ' '■•7 : ;| DRURY LAND VALUES. :,.V •.-', '.;,-!• —: / •TEE EEALISED. : • ' ' ■; >' v ' ■ ;:•: '''■; :(From' thflfipAlD of.Jtuie,jl,.lßß4 = .) ■ ■ Teb sale of the large of land belong- •'; ■. . Jbig to Mr. George Qrahaoi, at Drury, came' ;,;• ? :, " off yesterday' 'at the dddfellows' Bap i>s' '[-./; Much. 1 interest bad, been .attached' to this '■.;)>'' $ale from the' circunißtances ; of the site *■]'. -.'laving-been selected by the Railway Com..jniEsionerß as the locality of the Drury torminus, and from the advantages it possesses in having a frontage to. a' navigable river,, and Slippery Creek. But either-the public - had not much faith in the speedy .'fulfilment of the prophecies concerning Drury progress, or it has had, for £ time, a surfeit of town allotments in this neighbourhood, as the attendance was but limited, and the bidding, languid. Nino of the ten allotments in Section 1, with one frontage on Commercial Street, and one on the creek, fetched ,3s 6d a foot, the corner realising 10s. Section 2 comprised 10 allotments on Common Street, and 10 on the Strand. Tlieso brought 2s 9d, 3s, 3s 6di ss, and the two corners 20s 6d. Section 3on the Strand at one front, and the terminus on the other (16 allotments) sold, the former at 8s 6d and 9s, and the latter at' 10s, 16s, and the corner at 265. Sections ■ 4, 5, and 6 wero all similarly situated to the preceding, but the proximity to the lino of railway seemed to bo but slightly valued ,.as the. allotments having that frontage realised no better price than those'at the back, ranging only from 2s 6d to 3s.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19140604.2.115

Bibliographic details

New Zealand Herald, Volume LI, Issue 15626, 4 June 1914, Page 12

Word Count
261

FIFTY YEARS AGO. New Zealand Herald, Volume LI, Issue 15626, 4 June 1914, Page 12

FIFTY YEARS AGO. New Zealand Herald, Volume LI, Issue 15626, 4 June 1914, Page 12

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