QUEEN STREET FREEHOLD.

Auckland Star, Volume LIX, Issue 230, 28 September 1928, Page 7

QUEEN STREET FREEHOLD.

OFFERED AT AUCTION. PASSED IN AT £24,600. Occasions are few and far between on which freehold sections in Queen Strec T are offered by sale at auction. At 11 a.m. to-day, however. Messrs. T. Mclndoe and Sons submitted for sale at the Chamber of Commerce. Swanson Street, a. properfv situated in Qneen Street, opposite the Bank of New Zealand, with a frontage of 29ft lOin. and a depth of ">lstt approximately. The title is freehold land transfer, and subject to leases to Messrs. Ivil. tobacconist, and Richardson, maturing in lf:(7. On the section is a two-storey brick building.

There was a very large attendance at the -ale. and the first bid was £20.000. which was raided to €24.000. and then i; 100 bids were accepted, and the offers advanced to £24.ti00, at which figure tiie property wa> ]ias>ed in.

This property lias an interest to athletes. Many years ago it was known as tlie City Cigar Divan, and was kept by Mr. Arthur Tilly, who placed a room at the disposal of sport> clubs, it was hen> that the Auckland Rugby Union was formed, and also the Auckland Amateur Athletic Association.