Page 8 Advertisements Column 3

New Zealand Times, Volume LXXII, Issue 4822, 27 November 1902, Page 8

TO-DAY. A RED LETTER DAY TOR THE LOWER HUTT! THURSDAY, 27th NOVEMBER, 1902. FIRST GREAT AUCTION SALE OF THE CELEBRATED TATNE ESTATE. LOWER UUTT. THE MOST IMPORTANT LAND EVENT FOR FIFTY YEARS IN THE HISTORY OF THE LOWER UUTT. THE LONG-LOOKED-FOR SUBDIVISION OP THIS GREAT PROPERTY. Macdonald, wtlson and co. are favoured with instructions from the owner* to sell by public auction, in their Exchange Land Auction Rooms, No. 81, Lambtou quay, in tho City of Wellington, on THURSDAY. 27th NOV., 1902. At 2.30 o'clock p.lu. ONE HUNDRED AND THIRTY-' ECU 1 1 VILLA B GILDING SECTIONS, forming jiortion of tho magnificent Trochoid Property situated in the centre of the Lower Hutt, known fur and wide as THE TAINE ESTATE! Tho history of this great properly is bound up with the history of the City and District of Wellington, and’the lifework of-one man. Selected in the early I days of the settlement by Mr James : Taine, one of the first merchants of tho I City of Wellington, it had remained in . his possession without a break until the I present year, when the necessity at his . great age of making family settlements Jed to its transfer to certain members of the family. No mortgage or encumbrance has ever marked the parchment forming the original grant from tno 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. Tho TATNE ESTATE is part of the original Section No. 29 on the Map of the Hutt District, containing 105fc Acres. It is a beautiful block of land, level as a billiard table, situated in the town of the Lower Hutt, within two minutes’ walk of the Post Office and ten minutes' walk of the Railway Station, and immediately opposite tho Mechanics' Institute and Public Library. The two now' roads—Xing's road and Queen's road—through the TAINE ESTATE will be 6Cft in width, formed, metalled, footpathed, kerbed and asphalted. The Middle Waiwetu road running : through the estate has been straightened 1 and -widened, and will in future form one of the great thoroughfares of the Hutt, i equal in every respect to the Main Hutt road through th'e town. As the Borough of the. Hutt grows in population and importance, the central position of the TAINE ESTATE must make itself felt more and more every year, and tako the shape of increased values. Tor business purposes the lands comprising tho 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 the Hutt. That this is true may be gauged by the fact that business sites contiguous to the Main road frontages of ffie TAINE ESTATE have recently been sold at .£l3 per foot frontage. In the subdivision of the TAINE ESTATE great cure has been taken to preserve the high-class residential character of the Borough of the Hutt. No section of tho TAINE ESTATE will be offered of less area than one-clghth 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. Tho valley of tho Unit has been known' from the first days of the settlement of the colony as a health and residential resort of tho first order. The phenomenal richness of the soil has made it famed as tho most fruitful market-garden valley of tlic 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 bo known as a veritable "Garden of Eden." No manufacturing operations have disturbed, or are ever likely to disturb, the charming pastures of tho Hutt. Its orchards and gardens wifh their wealth of greenery and sense of peaceful repose appeal with irresistible force to the lover of nature. The undoubted destiny of tho Hutt is to be the aristocratic suburb of tho City of "Wellington. The apathy and indifference of the older residents of the Borough of Hutt to tho 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 tho Stop Banks of the River Hutt has in itself nearly doubled the value of every acre in tho Valley, but this is not yet realised by tho old-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 valuo every few mouths. The great public works scheme which has just been started at tho Hutt must give it a wonderful impetus for good. The total expenditure on the new bridge will bo over .£IO,OOO, of which th© Borough only pays ,£3OOO, while the projected new Water Supply and a Drainage j System dealing thoroughly with tho Sani- ! tation of the Borough will place it in the first rank while keeping its finances I in the most satisfactory condition. The Borough of tho Hutt stands out amongst local bodies as facile princeps 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 Investoh and Specu- , lator as well as to the local resident. 1 The straightening of Hutt Railway may now be regarded as absolutely j certain. An overwhelming majority of 1 the House of. Representatives have, pledged themselves to vote for th© work, j which will very probably bo put in hand j 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.th© route of such a line j 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 tho land I of the TAINE ESTATE and its surround-1 ings. Rich alluvial soil ten and twelve feet in depth; abundance of tho finest water; perfect drainage; pure andhealthy i air; a charming climate; high-class I neighbours; rapid and cheap transit to tho capital. What more can the heart of man desire? Surely all the conditions for creating an ideal homo life exist here if they exist anywhere in the wide world. Never has a better opportunity been, presented to. the Investor or th© man