THE ANDERSON'S BAY LAND COMPANY.

Otago Daily Times, Issue 12767, 14 September 1903, Page 3

THE ANDERSON'S BAY LAND COMPANY.

Experience in many of the large cities of the world has shown that with the extension of tramway facilities settlement in the, suburbs has progressed at a remarkably rapid rate, and there is every reason to believe that with the installation of the elcctrio tramway - system in Duncdin the suburbs through which the service runs will be much more thickly populated than_ at ■present. Many of the residents of the city, where the population is so congested, would very much prefer to live in the suburbs if up-to-date facilities were provided for thoir reaching their homes, but the present means of conveyance are so inadequate that they cannot snare the time necessary to enablo them to" get liome. The conditions will, ■however, be materially altered within the next few months, when the elcctrio trams ■will be running, and many who liavo put up with the several drawbacks inseparable from city life will no doubt gladly welcome the opportunity of residing in the suburbs. One of tlio suburbs that seems likely to reap considerable benefit in the immediate future is Musselburgh, in which the large property formerly owned by the late Mr W. H. Cuiten is to bo cut up for settlement without delay. On Friclay morning wo announced that t'us property had been acquired by a syndicate, and on making further inquiries wo learn that the syndicate will bo registered within the next few days as tlio Anderson's Bay Land Company. The property, which comprises 67j acres, is situated between the Anderson's Bay road and the Ocean Beach, and is well known as having been occupied as Chinese gardens. The object of the company is to cut the •land up into suitable building allotments, and to offer it to tlio public at a reasonubjc -price with a view to promoting rapid settlement. The soil is well known to bo exceedingly rich, alluvial, swamp land, brought to a high state of cultivation by the Chinamen, who have occtipicd it for liiany years past. It will bo the endeavour of the company to subdivide the property in tlio best possible manner, so that all the sections will get a fair proportion of sunshine. All the streets will be one chain wide throughout, and will thercforo present a neat and attractive appearance, contrasting more than favourably with the narrow thoroughfares that have obtained in the past throughout South Duncdin and adjoining boroughs. The property will enjoy the sunshine from early in the morning until late at night, but "at the same time it will not be unduly exposed as the physical surroundings are such as to provide plenty of shelter from the cold winds. Anderson's Bay, lying as it does to the sun, has only been deterred from development and settlement by the landowners Using excessive prices on their land. This has prevented people from settling there, and at the same time has defeated the possibility of better communication. Given a good line of communication with the city and cheap land, a very rapid growth of settlement may be relied upon to follow. A sketch of the property at Musselburgh shows that it is subdivided into about 200 sections. It is well laid out. and if offered at a reasonable upset it should be disposed of very quickly. The distance from the centre of the property to tho city is less than a milo and a-half, and with the up-to-date facilities afforded by the electric tram service the actual time of travel required to rcach it. should be reduced to six minutes. It is intended, when the streets are formed and intending purchasers are able to understand what they are doing, to offer tlio property for sale by auction at a very reasonable upset price and on very favourable terms. One of the advantages that this property will present is that it is in a road district and not. in a borough, so that the rates will bo at a minimum.