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NOTABLE AUCTIONS.

TV© auction ealee out of the ordinary have been held in London. A cool halfmUlion <waa the first bid at one of them, and such «. bid is probably unprecedented. Thje wae the sole of metropodiiaoi property. Tie "lot," worthy of the notice of Crewue himeelf, was a freehold estate 0f.82 acres, in the parish of Kensington, form•ing part of the property of Lord Kensington. Oα it stand 1450 town houses, blocks of. flat*, shops, and

I other buildings, which at present yield a.total annual ground rant of £18,000. Yfhva, however, the leases fall in—end the reversions are attained in from 36 to 90 years—the fortunate possessor will find him/self in tie receipt of rack rents estimated for the purposes of the liole at £177,000 a year. The price obtained eventually wae £565,000, the purchaser's name being wiiihhrfd. The other auction was of the prescription for a patent pill. Tiiis brought over i>sooo.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/CHP19030131.2.26

Bibliographic details
Ngā taipitopito pukapuka

Press, Volume LX, Issue 11496, 31 January 1903, Page 7

Word count
Tapeke kupu
154

NOTABLE AUCTIONS. Press, Volume LX, Issue 11496, 31 January 1903, Page 7

NOTABLE AUCTIONS. Press, Volume LX, Issue 11496, 31 January 1903, Page 7

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