Page 8 Advertisements Column 2

New Zealand Times, Volume LXXII, Issue 4847, 27 December 1902, Page 8

PRELIMINARY NOTICE. GREAT SALE OF FREEHOLD FLAX LANDS And AGRICULT.URAL LANDS. About Five Milos from Shannon, Wellington and ilanawalu Lino. on Rail ON 20th JANUARY, 1002, At 2.30 o’clock p.m. IN THE EXCHANGE LAND AUCTION ROOMS, Np. 81, Lambton quay, Wellington. Macdonald, wilson and co. arc favoured with insinuations from tho Makerua Estate Company, Limited, to sell by Public Auction as above — TWO THOUSAND SIX HUNDRED ACRES OF HIGHLY SUPERIOR •FLAX LANDS AND AGRICULTURAL LANDS situated about Five Miles from Shannon, and within cue uiilo of Tokoraaru. The Land will bo sold in subdivisions suitable for every class of buyer. Tho drainage arrangements of the corn, puny' are proving remarkably successful, anil, of the 2GOD acres now to be mid. at least six hundred acres of rich alluvial flats within one mile of Tokomaru and adjoining the railway lino cannot be surpassed in quality and character by any land ■'n tho colony. Fluxmillers throughout tho Manawntu district aro agreed that the flax on tho drained swamp lands of tho company has no superior in weight, leaf ami fibre. It commands the highest price in the market, and is at this moment a veritable gold mine to all concerned in its working. Tho 2000 acres of land on which this Golden Harvest is now standing will be available in blocks of Fifty Acres and upwards. Every Flaxmiller has therefore an opportunity to own his own freehold and thereby' create a permanent industrial product for himself and avoid the heavy royalties which now absorb so much of his earnings. Lithographic plans will be Issued at an early date, but intending buyers slum'll apply to Mr Brcnkell, manager for (be company at Shannon, who will he delighted to show them over the property at any time. Arrangements will bo made for special Excursion Trains to and from tho city of Wellington to Shannon. Terms—Ten per cent, deposit and easy arrangements for the balance of the purebaso money'. 16

AN IMPORTANT NOTICE TO MERCHANTS, MANUFACTURERS AND BUSINESS MEN GENERALLY. THE SUBDIVISION AND LEASE OF THE GRAINGER STREET BLOCK. THE DOCK ENDOWMENT. TWENTY-SEVEN BUILDING SECTIONS. A SPECIAL OPPORTUNITY' TO ACQUIRE PERPETUAL LEASEHOLD BUSINESS PREMISES IN THE HEART OF THE CITY. Oa THURSDAY, Stli FEBRUARY, 1903, At 2.30 o’clock p.m. MACDONALD, WILSON AND CO. are favoured with instructions from th© Wellington Harbour Board to offer on tho above date for perpetual lease— The whole of tho Wellington Harbour Board's Endowment of City Lands, so well well-known as tho celebrated Grainger street and Courtenay place Block. This magnificent property is situated in tho vory core of the city; between Tory street (Extension) and Cambridge terrace, almost opposite the To Aro Kailway Station and tho site of the new graving dock, having frontages to Courtenay place, Victoria street, Allen street, and Blair street. Each of these streets is not less than 66ft wide, formed and metalled, with side- ! walks flagged and kerbed except on one or two short lengths which the Harbour Board guarantee to lay down and complete -mien buildings have been erected. The property is subdivided into twentyseven building sections having frontages to the streets named of from 8-lft to 70ft by depths ranging up to Soft. The great difficulty which now exists of securing vacant land in the heart of th© city for business purposes has become a serious matter to many manufacturing and merchant firms. Th© rapid development of tho city means a larger demand upon its space for trade purposes, and this demand, with the limited quantity of.laud available, cannot bo fully satisfied.. Tho purchase by tho Harbour Board of the largo area now known as the Grainger street Block will therefore prove of enormous benefit to many commercial firms It enables permanent business quarters ; in an exceptionally valuable quarter of I the city to bo acquired on perpetual lease I without any expenditure of capital. The first period of lease will be for 1 twenty-one years, and this by renewal . every foui’teen years is made perpetual, 1 the leaseholder retaining for himself tho j full benefit of the total value of all buildings erected by him. A .special advantage is conferred aipon tho leaseholder by allowing him, to renew withexit compelling him to submit his leass to auction. The Auctioneers urge upon every commercial house and manufacturing firm in the city to inspect these sections. It is anticipated that every section will be leased at tho auction sale, and those who miss the present opportunity of securing one or raor*» business sites of this character will within a brief period deeply regret ther hesitancy and delay. Lithographic plans, copies of proposed lease, and full details of the property may be obtained on application to the Wellington Harbour Board or to the Auctioneers at their offices. WM. .f. FLY. Mail contractor and general CARRIER, MAhTiiRTON. Agent N.Z. Express Company. Expresses meet all trains.