VALUABLE PROPERTY. Fifteen Thousand Pounds Refused for the Theatre Royal Property.

Te Aroha News, Volume III, Issue 130, 28 November 1885, Page 4

VALUABLE PROPERTY. Fifteen Thousand Pounds Refused for the Theatre Royal Property.

Nov 26 was remarkable for the number of impotiantsaleß thit wore held ia Auckland. M tt important of theße was th*t of the Theatre Royal property, own- d by M a DeUap, whioh whs. however, iiotquitte l. 'h- kit being he'd t»t £15 001 f-»ra reserve tf JS'6.UOI- The \ roper > was off red at M*-B»ra B. I'uiika and Co. a ma-1 MrK. O.i arr V-elng th* auoti >nHer. 80 ' c idei I of the interest attaching 10 the eale may he gathered from the faot that f c mart wa crowded to it* utmost oap-cl'y, 8 vml huudrtd* of pnrfons bMng pivßant. Ihe *h U bbok. including ih« Thea-re Royai. Onio'd. St-wart t'Hwson'rt. Neal'rf Moored, Halt and Lfvy'd, and the old •'O r>H«rvet" t)m c, wa* offered ia one lor. The auctioneer 8a ed taut there was a total frontage t> Queen street of f8 feet, anrt a depth to Vio'o i*-fct< eet of I*l fe«tt^ 21 «f wht hrepre* ntfd a rlKhf-of-w«y The nro perty was nj^j ct to the ground rental, while >Iv bhon* produced h. large annu 1 renta'. Th«ro w-re btill sfi vea?s of th« le<iße to iuo. Th« terms were, cne-flfth oab, and the balance on Der. 2i. Mr < arr'ihea HSk< d for a hid, and the tic t off r forthcoming was tbatby Mr HalleDSiei • of £lo' fO. TM« whs prompt y fo!low«d bj an <'ftr r ■•f £U 000, at »hiou fleure the r>ir)dm»: reßted for a '«>v moment*. Twelve thousand was the offired, and aurain an a^ditona 1 thousand whs ur mnly f«rthoo-nioK. Anof erbri^fdHHy wa» («»lloweiby * 111 of £I3(1CO. and this imm»-di-a-ely ino piwed to £ 4.(()0 Two fu ther | bids of £5«0 eaoh, cautiously and ev<der>t'v rt-Juottrtly mad^, inoreaapd the total • n£ls 00", bi-y t»d which flgur* the auotlonetfr ] found it impoßS b e to inauon his onsto ners to *o. K-en the information tha' ih^ but dingH (iloneonthetuo i«itv hadooßt, iJU.iflOdidndtsuo p^edi proiuoin« an addiiional *>iH. «nd the p on^riy was*-ventually pa-'H d at £15,000. Mra i)e La 'a reserve hemg filG.o.o. 'lhe property j i i still open for prt vate sale.

Darby-street Property. Th«) p; o eny in Darby htreer. offrfrfd bv MfBSP« Tonka and Co., rea h d the price «.f £70 .nr root. »t * hioh fltture it w S als < wlthd^awf. No betttr fortune amended «hd sale»t h llernlie so tli»r>R. orily 'one" or two lo 8 beitg quo'e \ •h« Mills L*oe:'tfroßertl«(< alao failed t«» find puronastf, the: nffarrt f xlliog srort of «ho rei>erv«. Two Ipts at,Hender»on brought £13 and £i an no.c rcipottiyoly,