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A BED LETTER EAT FOB THE ■ LOWER HUTT! THURSBAY, 27th NOVEMBER, 1902. FIBST GBEAT AUCTION SALE OF THE CELEBEATED TAINB ESTATE, LOWER HUTT. «. THE MOST IMPORTANT LANE EVENT FOB FIFTY YEARS IN THE HISTORY OF THE LOWER HUTT. THE LONG-LOOKEB-FOR SUBBIVISION OF THIS GREAT PROPERTY. MACEONALE, WILSON ANB CO. are favoured with instructions from the owner? to sell by public auction, in their Exchange Land Auction Rooms, No. 84, Lambton quay, in ‘the City of Wei-, liugton, orT THURSBAY, 27th NOVEMBER, 1902, At 2.30 o’clock p.m. ONE HUNBREB ANB THIRTY. FOUR VILLA BUILBING SECTIONS, forming portion of the magnificent Freehold Property situated in the centre of the Lower Hutt. known far and wide as THE TAINE ESTATE! The history of this great property is bound up with the history of the City and Bistriot of Wellington, and the lifework of one man. Selected in the early days of the settlement by Mr James Taine, one of the first merchants of the City of Wellington, it had remained in his possession without a break until the present year, when the necessity at his great age of making family settlements led to its transfer to certain members of the family. No mortgage or encumbrance has ever marked the parchment forming the original igrant from the Crown to Mr Taine. A clean title in one man for over fifty years, and that man still living hale and hearty. Truly a great record in a young country for both man and property.

The TAINE ESTATE is part of the original Section No. 29 on the Map of the Hutt District, containing 105 i Acres. It is a beautiful block of land, level as a billiard table, situated in the town of the Lower Hutt, within two minute*’ walk of the Post Office and ten minutes’ walk of the Kailway Station, and immediately opposite the Mechanics’ Institute and Public Library. The two new roads—King’s rdad and Queen’s road—through the TAINE ESTATE will be 66ft in width, formed, metalled, footpathed, kerbed and asphalted. The Middle Waiwetn road running through the estate has been straightened and widened, and will in future form one of the great thoroughfares of the Hutt, equal in every respect to the Main Hutt road through the town. As the Borough of the Hutt grows in population and importance, the central position of the TAINB ESTATE must make itself felt more and more every year, and take the shape of increased values. I’or business purposes the lands comprising the TAINE ESTATE will prove exceptionally well worth purchase, as in a brief period they will, in American parlance, bo "the hub of the business wheel” of tho Hutt. That this is true may be gauged by tho fact that business sites contiguous to the Main road frontages of the TAINE ESTATE have recently been sold at Xl3 per foot frontage. In the subdivision of the TAINE ESTATE great care has been taken to preserve tho high-class residential character of the Borough of the Hutt. No section of the TAINE ESTATE will be offered of less area than one-eighth of an acre, or having less than forty feet frontage to a main road or street by a depth of some 136 ft. with abundance of air space. The Building Bylaws of the Borough of the Lower Hutt happily make special and strong provision against tho creation of slums in any shape or form. The valley of the Hutt has been known from the first days of the settlement of the colony as a health and residential resort of the first order. The phenomenal richness of the soil has made it famed as the most fruitful market garden valley of tho colony, and as the years have marched on. the conviction of its beauty and value for residence purposes has strengthened and deepened with those who know it best, until it has come to be known as a veritable "Garden of Eden." No manufacturing operations have disturbed. or are over likely to disturb, the charming pastures of tho Hutt. Its orchards and gardens with their wealth of greenery and sense of peaceful repose appeal with irresistible force to the lover of nature. Tho undoubted destiny of the Hutt is to be the aristocratic suburb of the City of Wellington. The apathy and indifference of the older residents of the Borough of Hutt to the best interests of their town has led to an absurdly low estimate of the value of the lands of the town and district. The wonderful success which has attended tho construction of the Stop Banks of the River Hutt has in itself nearly doubled the value of every acre in the Valley, but this is not yet realised by the ojd-fashioned settler. The buyer of Hutt lands at present prices is really investing in the best gold mine in the world, and one which will startle him by an amazing increase of value every few months. The great public works scheme which has just been started at the Hutt must give it a wonderful impetus for good. The total expenditure on the new bridge will be over JE10.006, of which the Borough only pays .£3000,. while the projected new Water Supply and a Drainage, System dealing thoroughly with the Sant tatiou of the Borough ‘will place it in the first rank while keeping its finances in the most satisfactory condition. The Borough of the Hutt stands out amongst local bodies as facile* prineeps in one respect. It has no public debt. Its rates are only one penny in the pound on the capital value. This is a marked consideration to the Investor and Speculator as well as to the local resident.

The straightening of the Hutt Railway may now be regarded as absolutely certain. An overwhelming majority of the House of Representatives have pledged themselves to vote for the work, which will very probably be put in hand next year. It is within possibility that a special Railway or Tramway will be built at an early date to open up the middle of the Hutt Valley, and the route of such a line must lie through the centre of the TAINE ESTATE, and enormously increase the value of every Section in it. Such, in .brief, is the story of the land of the TAINE ESTATE and its surroundings. Rich alluvial soil ten and twelve feet in depth; abundance of the finest water; perfect drainage; pure and_ healthy air; a • charming climate; high-class neighbours; rapid and cheap transit to the capital. What more can the heart of man desire P Surely all the conditions for creating an ideal home life exist here if they exist anywhere in the wide world. Never has a better opportunity been presented to the Investor or the man

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZTIM19021108.2.31.3

Bibliographic details

New Zealand Times, Volume LXXII, Issue 4806, 8 November 1902, Page 8

Word Count
1,130

Page 8 Advertisements Column 3 New Zealand Times, Volume LXXII, Issue 4806, 8 November 1902, Page 8

Page 8 Advertisements Column 3 New Zealand Times, Volume LXXII, Issue 4806, 8 November 1902, Page 8

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