Page 20 Advertisements Column 1

Otago Daily Times, Issue 19015, 10 November 1923, Page 20

SALES BY AUCTION. MONDAY. NOVEMBER 12, At 12 o’clock. At Rooms, Manse street. On Account of the Vendor (who is leaving the district). WELL-BUILT 5-ROOM ED VILLA AND TOMA TO- HOU S E, No. 46 MALVERN STREET, WOODHAUGH. LOVELY SUNNY FREEHOLD SECTION Bay Window, Verandah, Bathroom, Washhouse. 5 Minutes to George street Tram. ANY REASONABLE OFFER .JpARK, ACCEPTED. REYNOLDS (LIMITED), MONDAY, 12th NOVEMBER, At 12 o’clock. At Rooms. Manse street. SOLIDLY-BUILT FREEHOLD RESIDENCE, MORNINGTON FREEHOLD PROPERTY, No. 45 MARYHILL TERRACE. COMMODIOUS PLASTERED 7-ROOMED RESIDENCE, VALUABLE SUNNY LEVEL FREEHOLD SECTION. Immediate Vacant Possession. P •ARK. REYNOLDS Auctioneers. (LIMITED). 31 o TRUSTEES’ REALISING SALE. MONDAY, 19th NOVEMBER, At 12 o’clock. At Rooms, Manse street. On Account of the Trustees in the Estate of the late Mrs Millea. EXCEPTIONALLY WELL-BUILT SIXROOMED RESIDENCE, No. 15 DRIVER STREET, ST. KILDA. Concrete foundations, return verandah, hay windows, wide hall, tile hearths and grates, bathroom, hot and cold water, washhouse, copper and tubs, drained. .VALUABLE CORNER FREEHOLD SECTION, well above street level. P •ARK, REYNOLDS Auctioneers. (LIMITED) THURSDAY, 22nd NOVEMBER. At 12 o’clock. At Rooms, Manse street. MACANDREW’S BAT. ■CLEARING SALE To CLOSE UP ACCOUNTS. 13 SPLENDID BUILDING SECTIONS. Close to Schoolhouse, handy to Wharf, Beautiful Views. jOARK, REYNOLDS (LIMITED), ■ are instructed to sell by auction — TOWNSHIP OF MACANDREW’S Sections 31, 32, 33, each 38.37 poles. Sections 42, 43, 44, 45, 46, 47 each 24.24 poles. Sections 71 to 79, each 24.24 poles. All of these Sections have frontages of 50ft. TERMS: £5 per allotment deposit; balance by halfyearly instalments extending over 3 years; interest, 5 per cent. Any purchaser paying cash within one month will be allowed 5 per cent, discount off the price of his purchase. ' TUESDAY, 27th NOVEMBER, At 12 o’clock. At Rooms, Manse street. TO INVESTORS AND SPECULATORS HOTEL AND SHOP PROPERTY. VALUABLE FREEHOLD AND 1 BUILDINGS. VALUABLE LEASEHOLD AND BUILDINGS. IN THE CENTRE OF DUNEDIN CITY, FRONTING HIGH AND RATTRAY STREETS,, .With Part Interest in and use of convenient Cart Right-of-way from High street. PREMISES NOW IN OCCUPATION OP D. 1.0., ! Which Company is shortly to occupy the premises of Messrs Herbert, Havnes, & Co. (Ltd.). ALSO, WATSON’S COMMERCIAL HOTEL, HIGH STREET. ADJOINING THE GRAND HOTEL. THE TRAM TERMINUS CENTRE. The starting and stopping place of all City Electric and Mornington and Roslyn Trams; within a stone throw of Telegraph Office, Post Office Site, Stock Exchange, Banks, Warehouses, etc., etc. TT>AEK. REYNOLDS (LIMITED. are instructed by the Directors of the D. 1.0. (which Company is shortly to transfer to the premises of Messrs Herbert, Haynes, & Co., Ltd.) to sell by auction—1. Parts of Sections 63 and 64, Block VII, Dunedin, having a frontage of 97ft to High street by a depth of from 153 ft to 161 ft, together with SUBSTANTIAL BRICK BUILDINGS, 2 storeys and cellar, at present occupied by D.T.C., and WATSON’S COMMERCIAL HOTEL, 3 storeys and cellar front, 4 storeys at back, immediately opposite the starting place and terminus of Mornington Tramway and ■within 3 chains of Princes street and Electric Car Terminus; subject to lease terminating 18th ouno, 1924. 2. WESTERN PORTION OF SECTION 67. BLOCK VII, Dunedin, having a frontage of 49ft 6in to Rattray street, by depth of 150 ft and 103 ft, together with SPLENDID MODERN BRICK BUILDING, 3 storeys and cellar, and adjoining portion 2 storeys, also occupied by D. 1.0. 3. EASTERN PORTION OF SECTION 67. BLOCK VH, Dunedin, having a frontage of 52ft IJin to Rattray street, by depth of 108 ft and 66ft, with Brick Building of 2 and cellar, divided into 3 comportments, two of which are occupied by D. 1.0., tho third by Messrs W. & E. Taylor. LOTS 2 and 3 ARE VALUABLE LEASEHOLDS, 21 years from December 31, 1915, at ground rentals of £74 5s and £7B 3s respectively. Uio Leases orovide for perpetual renewal or full valuation to be naid yy incoming tenant in the event of the lessees being outbid at auction at the expiry of any term of 2] years. By terms of the lease, the upset annual ground rent is fixed at 50s per foot, which is the rental at present paid for these leases. These premises adjoin the Freeholds, and are worked in conjunction, running right through from High to Rattray street, and afford A UNIQUE OPPORTUNITY for establishing in Dunedin one of tho finest and largest Hotels in the dominion, tho present license for Watson’s Hotel being attached to portion of the land. Tie shop frontages alone would go a long way towards the payment of interest on tho purchase and alteration of the buildings, and the hotel portion would stand at a very low rental. The site is second to none in Dunedin, and the Company, having DO further use for the premises, IS DETERMINED TO SELL, Provided a reasonable offer is made for these exceedingly valuable premises, and in order to enable Companies or individuals with moderate amount of capital an opportunity to purchase, tho following LIBERAL TERMS OF PAYMENT will be given 10 PER CENT. DEPOSIT, 23 1-3 PER CENT. IN ONE MONTH Palanco can remain for 5 years at_6 per cent, per annum, the purchaser paying off principal a sum of not less than £IOOO per annum in quarterly payments. The Company will include a stipulation in Conditions of Sale that for a term of 3 years the purchasers shall not let any of tho premises for the purpose of carrying on business of a similar character to that at present carried on by the D.I.C. For further particulars apply to Messrs SIEVWRIGHT, JAMES, & NICHOL, Solicitors, High street; 250 PARK, REYNOLDS (LTD.). WEDNESDAY, NOVEMBER 21, At 12 o’clock. At A'vtion Rooms, Princes street. VALUABLE BUILDING ALLOTMENTS, ST. CLAIR. ST. CLAIR. S-JL UR R & CO. (acting under instructions) will sell by auction,‘jus above — Allotnflnta 1 and 2, being nart of Section 53. Block VII, St. Clair. This snlondid Building Site has a frontage of 82ft to Coughtrey street by a depth of 183 ft, is the only available land in this favoured locality, and situated on the sunny For Definite Sale. lOn Motorist should be without the Air Friction Carburettor, It means leas nd increased mileage. Perfect performon all gears and in all climates. —R. Manning and Co,, 6 Bedford row, .church.