HOTELS FOR SALE

NZ Truth, Issue 142, 7 March 1908, Page 7

HOTELS FOR SALE

MACDONALD, WILSON AND CO., Hotel Brokers, Land Agents, Auctioneers, Expert Hotel Valuators, Etc. HpO Clients looking for a property, we beg J- to offer a few of our good investments : WELLINGTON ClTY— Free house; 18 \ years' lease. Price on application. WAIRARAPA— With farm attached; 7 . years' lease ; £3 ,10s a week ; all latest improvements ; good house. £250 goodwill and valuation for furniture. PALMER6TON NORTH— 4J years' lease at £4 17s rent ; 30 rooms, with billiardroom, etc. ; doing £90 a week. £3450 for the lot. PELORUS SOUND— CIose on 5 .years' lease; £1 week rent; £150 for lease. Furniture at valuation. PALMERSTON NORTH — £120 week; rent, £12 week ; furniture worth £1500 ; to be sold cheap. Price on application. WANGANUI CITY— Doin,? £85 week; free house ; short lease ; furniture allowed for ; to be sold, cheap. Price on application. This property can be exchanged for a farm.

Freehold Hotel, South Island (Nelson district), with large stable; good district. Price for freehold and furniture, £3500. £2000 of this can be financed. Hotel, Taranaki, 4 years 9 months' lease, £4 week ; doing £50. Goodwill of lease and furniture, £1500. Hotel, Feilding, £1000. . . . New house, close to Feilding, 5J years' tease ; in-going about £1250. £4 week rent. Also Hotel, Dunedin (doing £125, £8000 for lease and furniture) ; Hotel, Nelson (5 years' lease, 30s week, £350 for lease and furniture. Also for sale m Marlborough, Tuapeka, Hokitika, Motueka, on the West Coast and m Otago.

A large proportion of the purchase money m the above cases can be financed to suitable buyers. Valuable information of a special character will be given to bona fide buyers.

■'•vMfe-