Page 12 Advertisements Column 3

New Zealand Times, Volume XXIX, Issue 6326, 28 September 1907, Page 12

SALES BY AUCTION. PRELIMINARY ANNOUNCEMENT. HANDYSIDE, ROBERTS, AND CO. have decided to submit for Sale, by Public Auction, in JANUARY NEXT, their well-known MARAINANGA ESTATE, situated at AKITIO, and consisting of about 36,500 Acres, subdivided into 22 Blocks. Each Block contains a suitable site for Homestead, and every Block is well watered. Most of the Blocks are ringfonced. Lithographic plans are in course of preparation, and full particulars will be advertised later. MURRAY, ROBERTS AND CO.. Agents, 518 • Wellington. THURSDAY, OCTOBER 10th, 1307, AT 2.30 P.M. SPECIAL TO SPECULATORS, MERCHANTS, TRUSTEES, COMPANIES AND INVESTORS. MAGNIFICENT FREEHOLD PROPERTY (In tho heart of the Empire City.) THE MOST CENTRALLY SITUATED BLOCK OF UP-TO-DATE BUILDINGS EVER OFFERED IN WELLINGTON. ITi YESSRS J. H. BETHUNE AND CO. have been favoured with instructions from C A. Fletcher, Esq., who contemplates leaving on an extended visit to Europe, to soli by Public Auction at tboir rooms, Featherston street, Wellington, on THURSDAY, OCTOBER 10th, 1907, AT 2.30 P.M., THAT SPLENDID. WELL-KNOWN FREEHOLD PROPERTY, Nos. 1 and 3, Willis street, situated at its junction with Lambton Quay, and within 230 yards of the G.P.0., containing 21$ perches, and having a frontage of 28ft Sin to Willis street, widening 87Jft from tho street to 42ft Gin, and being of a width of from 42ft Gin to 45ft sin for tho balance of the depth—i.e., 76ft Sin.

COL f' ' / MUTUAL I SOC/LTK With tha property ia a right-of-way Bft wide on the southern side held- iiinder a 999 years’ lease from August, 18/4, at a rental apportioned to the land for sale of <£s per annum. The use of a party wall bn the southern side goes with the property for sale. Erected upon the land are the substantial brick-and-concreto premises 'of three stories on the Willis street frontage and four stories on the back portion of the land, built on modern lines, having all latest improvements, and insured for <£9Boo. The ground-floor shop, which is occupied by Mr Carroll, is one of the most attractive and well-arranged retail shops in the city, with double plate-glaes windows, stamped ceilings, walls 14ft high, and every • conveniencj for its present occupation as fashionable tea rooms. The whole of the property is occupied by permanent tenants at moderate rentals, which now total ,£1719 per annum, and are capable of considerable increase by judicious management. The outgoings are £270 10s per annum; the net rental income being J3X448 10s. The unique position of the above property. AT THE HUB OF THE BUSINESS PART OF WELLINGTON, AT THE JUNCTION OF THE TWO BEST STREETS IN THE CITY, must guarantee to a purchaser the safest of investments.: aha an absolutely certain increase in value. The Auctioneers would specially direct the attention of buyers to the fact that the abo%© property has a much greater depth than any oth*r property in this part of tne city. The total depth from Willis street is 163 ft 9in, and for 76ft of this depth the land averages a width of 44ft. Freehold Sites in this part of the city are now .firmly held as investments, and verv rarely come into the market. Tne increase in value of Central Business Property in Wellington, which in the past has been great, must in the near future be still greater. The opening of the Panama Canal, the Main Trunk Railway, and the steady influx of population will all combine to bettor trade, and, as a consequence, increase the rental value of our most central sites. A large proportion of the purchase money may remain on mortgage at and 5 per cent, interest. TITLE—Land Transfer- ■ Lithographic Plans are now ready, and will be posted to any address on application. For full particulars, conditions of sale, and terms, apply to J. H. BETHUNE AND CO., 569 Auctioneers.

A A Aft ACRES of splendid sheep and tHevv cattle country, well divided and watered; good house and all necessary outbuildings; winters 8000 sheep and 800 head of cattle; splendid climate; good roads; a good portion nloughable. Price, JBII. We can thoroughly recommend this property to anyone wanting a sound investment. HARE AND DAVIDSON. Pahiatua. KING AND CO., Auctioneers, Land and Estate Agents, Hamilton.—looo Acres of mostly drained swamp, first; class soil; about 450 acres of heavy flax; 2 miles from railway by good road; good drainage; all securely fenced; house and outbuildings. The above is well worth inspecting, as the flax is very strong and healthy. Price* £IS per acre. Terms arranged.