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Auctions T. KENNEDY MACDONALD & CO, GREAT SALE OF CITY PROPERTY. Subdivision ok Six ok Tire Most Vai-u----able Town Acp.es. Beautiful and Picturesque Building Sections. Forty-nine Most Charming Residential Sites. PURE AIR, CONVENIENCE OF ACCESS, EXCELLENT DRAINAGE. Small Deposit. Many Years to Pat Purchase Money in. Where is the man in this bountiful land who cannot, by the exercise of self, denial as to his personal pleasures, create in a few years a fund, out of which to purchase a Homo for those he loves and chorishoa. Tjiih is one IE OPPORTUNITIES WHICH, IF MLSHKD, WILL ALWAYS BE EEGBETTED. IN THE EXCHANGE LAND AND MERCANTILE AUCTION ROOMS. Panama-street. ON FRIDAY, lOtji DECEMBER, 1880, At 2 o’clock p.m. KENNEDY MACDONALD & are favored with instructions CO. from JL . are lavorea James Smith, Esq., of the celebrated Te Aro House, to sell by public auction, on the ab °FORTY-NINE OF THE MOST VALUF ABLE AND PICTURESQUE BUILDING SECTIONS ever subMITTEU TO THE i't’lilslC OF WELLINGTON. These sections form the Town andHABOUAVK-STREET ; and portion < if them have also a double frontage to the Town Belt. THE PROPERTY has been subdivided follows : Section la, containing nearly Half an Acl[E Habgrave-street Section* 2a, containing nearly Quarter Acre ... ... Harchiave-stbpet Section 3a, 40ft frontage by <J9ft deep Rolleston-strebt Section 4a, 84ft frontage by 99£t deep ’ Rolleston-stbeet Sections 5a to 10a, inclusive, each having a frontage of 33ft by a depth of 100 ft ... Rolleston-stbeet Sections Id to 3b, each containing over Quarter Acre ... Rolleston-stbeet Section Ic, 39ft frontage by 113 ft deep ’ Bidwell-street Sections 2c to Cc inclusive, each having a frontage of 3SUt by a depth of 113 ft Bidwell-street Section 7c, 39ft frontage by 94ft deep ’ Rolleston-stbeet Sections 8c to 12c inclusive, each having a frontage of 38Jft by a depth of 94ft ... Rolleston-stbeet Sections Id and 2d, each having a frontage of 40£t by a depth of 112£fc s Bidwell-stkeet Section 3d, having a frontage of 114 ft bv an irregular depth of about 130tt * 6 BIDWELL-STREET Sections 4d to 6d Inolnsive each havInc a frontage of from 42 to 43ft by a depth of 153 ft... Bidwell-street Section 7d, containing over quarteracre Rolleston-stbeet Sections 1e to 4e inolnsive, each having a frontage of over 41ft by a depth of over 153 ft Bidwell-street The Family- Rbsidence stands upon Sections 3 and 4e, and these sections WILL THEREFORE BE OFFERED TOGETHER with the residence as one lot. Sections 5e to 8e inclusive, each having 1 a frontage of over 41ft by a depth of 110 ft 7.. ... Rolleston-stbeet Sections If to 4f inclusive, each having a frontage of over 41ft by a depth of isqjt Bidwell-street Sections 5f to 8f inclusive, each having a frontage of over 41ft by a depth ; of 110 ft Rolleston-stbeet ' It will be seen from the above sub-division that the sections range from on area of about , One-Eighth of an Acre to nearly Half an < Acre. Thay therefore give an altogether , exceptional opportunity to select the exact block of land which may hit the fancy of the buyer. The property is an exceedingly wellknown one, having formerly been occupied by Mr Smith as a residence and grounds. It occupies a plateau at the top of Xaranaki-street, and commands one of the loveliest prospects in New Zealand. From the Bidwell-street frontage is seen the busy streets of Te Are, Lambton, and Thorn, don Wards; the harbor with its wharves and shipping ; the Valley of the Hutt, and the glistening sands of Lowry Bay ; while ] from the other side of the property the , observer looks down upon Cook Ward, the i College, the Hospital, . and other public buildings ; and away in the distance he sees, the roll of the breakers on Island Bay, the whole presenting a series of ever-varying pictures of the most surpassing interest. It must generally bo recognised that the area of land open for sale and situated as this is, in one of tho most convenient, . healthy, and beautiful quarters of the city, is every year getting less and leas,-‘and before long will bo quite unattainable except to the very wealthy. It is, therefore, the more necessary for those who making Wellington their permanent dwelling-place to lose no time in securing valuable building sites while they have the opportunity to do so at a cheap rate. Few residents recognise the enormous forces that are at work in tho development of the city and districtforces which will inevitably in a few years give Wellington an enormously increased population, and place her in the van as the leading commercial and industrial city in New Zealand. All such developments mean greater weiiltb, greater ability to purchase, and greater increases in the value of residential sites. Need any more be said. The capitalist on the hunt for a profitable investment ; tho merchant seeking an acre upon which to build his mansion; tho clerk desirous to find a site for a comfortable dwelling-house; and the artisan anxious to lay the foundation for a modest cottage for his wife and little will each and all find their wants supplied in the property now to be sold. Tjet them inspect it and they will admit the fact. The terms of sale will be 10 per cent, cash deposit 10 per cent, in three months 10 per cent, in six months 10 per cent, in eighteen months And the balance of 60 per cent, can remain on MORTGAGE FOR FIVE YEARS At 7 per cent, interest. The special privilege will be allowed to each purchaser who will build a house to the value of £l5O within six months of the. day of sale, of allowing 80 per cent, of his purchase money to lie on mortgage for five years. Title : Land Transfer Act. Costs op Title, Exclusive op Stamps, 10a 6d. Intending purchasers will, on application at the residence on the property, oe shown the various sections, and lithographic plans and fuller details may be obtained on application to James Smith, Esq., Te Aro Home, Cuba-Btreet; or to the Auctioneers, . 240 PEINOIE’S ART NEEDLEWORK DEPOT 49, LAMBTON QUAY (Opposite Grey-ntreet). HAVE just opened ex “Kaikoura” an extra choice assortment of New Design and Materials in ART NEEDLEWORK. ; i Mantel and Table Borders, Table Side- | board, Toilet Covers, Antis, Brackets, Coaies \ Slippers, Cushions, Smoking Caps, Traced | Silk Braces, Plush Pouches, ice., &0., for ( Toileoross, Cross Stitch, Crewel, Outline, &o. Also a'large assortment .of Novelties, suitable for BIRTHDAY & CHRISTMAS PRESENTS. Also special lines In Knitting Wools. All goods warranted of finest quality only. Inspection Respectfully InvitedVERY DESCRIPTION OF CHINA AND GLASS CHEAPLY REPAIRED, RIVETS, 4d. EACH, A<Jli«*>~ W, HAMME -TON, ifiM Uvttec off Tary-etrett). 855

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https://paperspast.natlib.govt.nz/newspapers/NZTIM18861202.2.94.1

Bibliographic details

New Zealand Times, Volume XLVII, Issue 7947, 2 December 1886, Page 8

Word Count
1,106

Page 8 Advertisements Column 1 New Zealand Times, Volume XLVII, Issue 7947, 2 December 1886, Page 8

Page 8 Advertisements Column 1 New Zealand Times, Volume XLVII, Issue 7947, 2 December 1886, Page 8