COMMERCIAL.

New Zealand Times, Volume XLIII, Issue 7342, 5 December 1884, Page 8

COMMERCIAL.

MESSRS T. KENNEDY MACDONALD AND CO'S. PROPERTY SALE LAST FRIDAY. The large and convenient land auction room •f Messrs T. Kennedy Macdonald and Co. was crowded last Friday afternoon, when a long catalogue of city and country properties were submitted. Most of the lots were vigorously competed for, and realised satisfactory prices. The property on Lambton-quay, opposite the Bank of New Zealand, was started ut LSO per foot and ran up rapidly to LSO per foot by bids of L 5 per foot. From that price it rose quickly' by bids of LI per foot till it readied L9l per foot, at which price, amidst considerable upSlause, it was knocked down to Mr F, W. ioss (acting for himself) and Messrs Hyde and Lankshear, the present tenants. The followis the detailed list of the sales £ s. d. Lot 1.--Property township of Carterton, with a frontage of IS9 links, sold to Messrs W, Booth and Co. for ... CO 0 0 Lot 2.—Family residence, for randy occupied Mi Charles White, in Coilcce-street, held on lease with 34Jyears to run at the ground rent of LlO. Land 87ft Sin by a depth of 107 ft, sold to Mr John Bertie for # 250 0 0 Lot 3.—Shop and dwelling, Upper Hutt; leasehold, with about 12 years to run at ground rent ofLlO, sold to Mr A. Richardson for CO 0 0 Lot 4.—Cottage with two sections at Petone, fronting Jackson and Beach-strcets, sold to Mr S. Martin for 150 0 0 Lot 5.—-Sections 5 and 0, Petone, fronting Boy-street, sold to Mr A. Young for L 42 10s each 85 0 0 Lot C.—House and land, John* sonville, part of section 11, sold to Mr James Rowe for... 230 0 0 Lot 7.—Small farm property containing 100 acres, on the Taratahi, known as Mr 35. King’s, sold to Messrs Barry and McDowell, the mortgagees, for ... ... ... 100 0 0 Lot B.—Bush section, Taratahi Plain block, containing 140 acres, known as Lees, sold to Messrs Berry and McDowell, as mortgagees, for 100 0 0 Lot 9.—Cottage and land, Newtown, fronting Riddifordstreet, 35ft x 109 ft, sold to Mr F. F, Grady for 150 0 0 Lot 10.—Building allotment, Newtown, with a frontage of Sift to Arney. street, by a depth of 107 ft, sold to Mr Littlejohn for 60 0 0 Lot 11.—-Three leasehold cottages in Tory-street, held under lease for 13 years at a ground rent of L3O per annum sold to Mr Littlejohn for 15 0 0 Lot 12.—Cottage property, Drum-mond-atreet. Bought in. Lots 13 to property, Lambton-quay, opposite Bank of New Zealand, with a frontage of 50ft 2in by depths varying from 70ft 7in, with the fruiterer’s, hairdresser’s, and bookseller’s shop erected thereon, sold respectively to Messrs W. F. liosn, D. D. Hyde, and W. J, Lankkshear, at L9l per f00t... ... ... 45G5 3 4 Lot IC,—Shop property, Lamb-ton-’quay, opposite Government Buildings. Passed in. Lot acre, Hawkorstreot. Passed in. Lots 18 and 19.—Properties Court-tenay-plaoe and Cambridgeterrace, were also passed in. Total sales £5825 3 4 It is satisfactory to note that out of the 10 lots submitted only five lota were passed in, and for some of which, wc understand, negotiations for purchasing were entered into after the sale. Mr Macdonald, the auctioneer, announced that the properties not sold would be open for private sale.