Page 3 Advertisements Column 2

Oamaru Mail, Volume II, Issue 403, 14 August 1877, Page 3

SALES BY AUCTION WEDNESDAY, 15th AUGUST. IMPORTANT SALE or FREEHOLD AND LEASEHOLD properties IN" THE TOWN OF OAMAIIU. At Lis Store, Harbour - street. At 2 o'clock sharj). A 11. M A U D E has received instructions from Messrs. Lees and Moore to Sell by Public Auction, at above time and place, the undermentioned valuable Freehold and Leasehold Properties, viz. : On Ilcrstlett's Claim, adjoining Messrs. Lees and Moore's offices, and the new Reserve for Station purposes— Freehold of 5 Sections, each with 33 feet frontage to Hail way Siding at south (and a right-of-way at the Lack for dray traffic) by a depth of 100 feet, All these sections have a special reserve for a tail water race for getting rid of water, if used for manufacturing purposes, when the Water-works are completed. This race has the lowest possible level and thereby the greatest possible horse-power can be obtained. Freehold of 4 Sections, with 33 feet frontage to Itchen-sfcrcet, by a depth of 90 to Main South Railway Line. All the above Sections are within one minute's walk of the Post Office, and will be sold on exceptionally easy terms. Frehold of 2 Acres adjoining the Town Belt, with good road to it via Chel-mer-st:cet. A Quarry is on the property, and adjoining it a Leasehold of Water-right of Oanniru Creek, with IS feet fall. Lease about 1G years to run. Very suitable for a stone-breaker, worked by a turbine. Freehold of Sections (>, T, S, 13, 14, 15, 10, 17, and IS, and remainder of Municipal Lease of Section 10, Block 29, with all improvements thereon, consisting of a Substantial 11-Roomed Dwelling-house, Stables, Cow-house, Oilices, &c. The whole of these sections have been well cultivated—most of the ground having been trenched—and planted with choice fruit trees (in full bearing) and ornamental trees and s-hrubs. This property (situated at the head of Tees-street) is sheltered from southerly and north-west winds, is within 6 minutes' walk of the Post Office, and is, without excep ion, the best residential site for sale in the Town. Freehold of Sec! ion 11, Dloelc 35—At corner of "Wharf and Test streets, fenced and cultivated, with3-roomed House, etc., thereon. Leasehold of Section 10, Block 3.~>—lS year-; to run ; ground rent, L 3 per annum. Freehold of Section G, Block 74—Hullstreet ; with two 3-roomed Houses thereon. Freehold of Sections fi, 7, and 17, Block 76 —Partly fenced and cultivated. Leasehold of Section 4, Block 74 (Educational Reseave) —Fenced and cultivated, with 3-roomed House thereon ; 12 years to run ; ground rent, L 4 per annum; full valuation at end of lease. Freehold of Sections If> and 20, Block 39—Unimproved. Leasehold of Section 17, Block 39 (Educational Reserve) —12 years to run. with full valuation for improvements at termination of lease ; groundrcnt, L 4 per annum Freehold of Section 9, Block 46—With 3-roomed Stone House, concrete tank, and other improvements. Freehold of Section IG, Block 76—With 3-roonied House, &c., thereon. The Auctioneer would desire to draw the attention of capitalists and others to tin's sale of Valuable Properties, as affording a rare opportunity for investment in this rapidly rising town. The Sections on Herslett's Claim are, in the Auctioneer's opinion, of special value, being situated in the very heart, of the town, and having frontages to a railway siding, are peculiarly valuable to grain merchants, wholesale merchants, or manufacturers, all cartage to or from stores being thereby saved oil all goods per railway. The reserved tail water race is also a very valuable feature in these Sections, as when the Water-works are in full operation a most important desideratum in the use of the water for manufacturing purposes will be a