AUCTIONS. .WEDNESDAY, OCTOBER 9th; 1907, AT 2.30 P.M. . SPECIAL TO SPECULATORS, MERCHANTS, TRUSTEES, COMPANIES AND INVESTORS. MAGNIFICENT FREEHOLD MAGNIFICENT FREEHOLD MAGNIFICENT FREEHOLD MAGNIFICENT FREEHOLD MAGNIFICENT FREEHOLD PROPERTY. PROPERTY. PROPERTY. PROPERTY. PROPERTY. (In tho heart of the Empire City.) THE MOST. CENTRALLY-SITUATED BLOCK OF UP-TO-DATE BUILDINGS EVER OFFERED IN WELLINGTON. Messrs. j. h. bethuneand co. have been favoured with instructions from C. A. Fletcher, Esq., who contemplates leaving on. -an extended visit to Europi, to Sell by Public Auction at their rooms, Fcatherston Street, '•.Wellington, oh WEDNESDAY, OCTOBER 9th, 1907, ' AT 2.30 P.M., . ' THAT , SPLENDID, WELL-KNOWN FREEHOLD PROPERTY, Nos. 1 and 3 ■Willis-Street, situated- almost at its junction with Lambton Quay, and ■within 230 yards cf the G.V'.O.,,containing 21J perches,-and. having 'a frontage of 28ft. 3in. to Willis Street,. widening 87Ht-'from tho street to 42ft. Gin., and being of a width of from 42ft. Gin. to iaft. siu. for the balance of the depth— Le., 76ft. Sin. • ' J£ L^*> |W'; . $ CoL><. | , i/ . 1 ' / ' 50c ' . With the property is a right-of-way ] It. ■ wide on ; the southern ' side held jnder a 999.'years' lease,from August, .1874, at a rental apportioned to the land :for sale of <85° per'annum. ! - The tise of a party wall on tho southern sido goes with the jiroporty for sale. Erected upon the land are the substan- . tial britik-and-concrete premises of three stories on 'the Willis Street frontage and'four 'stories on the back portion of the land, builtvon modern lines, hav- • ing-all.Matest-iiimrovements, 'and 'in'sured for v£9 800. Tho ground-floor shop,, which is occupied by Mr. Carroll, is one of tho most attractive' and wellarranged retail shops in the city, with • double plate-glass windows, stamped coilings. walls -14ft. high, and cvery coiwonienco for its present occupation as fashionable tea/rooms. The wholo of • the property is occupied by permanent tenants at moderate rentals, .which now total ,£1719 per annum, and' are capable; of considerable increase by judicious management. The outgoings aro ; <£27o 1 10s. per annum';- the net rental income 1 being ,£l-448 ; 10s.'. ; 1 1 The unique position of ' the above property, AT THE HUB OF ME . BUSINESS PART OF WELLINGTON, "• AT THE JUNCTION OF. THE -TWO BEST STREETS IN THE CITY, iust guarantee to . a purchaser the: -.afest ofiinvestments, and an absolutely. . srtain increase in value. . The' Auctioneers Would ' specially Jirect the attention of buyers to the fact that the above property has a much greater depth than -any other property' in this-part of the city. The total depth from'Willis 'Street is -163 ft. Sin.. and for ,7Gft. _ of 1 this depth tho land averages a width of 44ft. - Freehold Sites in this part -of the city are now firmly held as investments, and.very, rarely come into the market. The increase in value of Central Business Property in Wellington, which •in the past'has been.great, must in the near future be still greater. The opening of the Panama Canal, the ■ Main Trunk Railway, and the steady influx of population will all combine to better trade, and, as a'consequence, bettor the rental value of our most central sites. A large, proportion of tho purchase money may remain on mortgage at 41 and 5 per cent, interest. TITLE—Land Transfer. For ""full' particulars, conditions of sale, and terms, apply to J. H. BETIIUNE AND CO., Auctioneers. ' . 5039 ■ \ ' TUESDAY, OCTOBER .8, 1907, /- At 2.30 p.m. SPLENDID OPPORTUNITY FOR SECURING A MAGNIFICENT LARGE : FAMILY MANSION, Also, FOUR SUPERB RESIDENTIAL SITES! Situated in BROUGHAM STREET, Between PIRIE AND ELLICE STREETS.' Being Subdivision of the well-known Property of the late Mr. JUSTICE RICHMOND. l/pSSRS. HARCOURT AND CO. . havo been favoured with instructions from Ihe Trustees : in the above Estate to Sell by Public Auction, at their Rooms, on TUESDAY, October 8, 1907, at 2.30 p.m.— ' That Magnificent Property, known as "WINDHOVER," No. 54 Brougham Street, subdivided as follows: — LOTS 1-3 —Three Superb Sections, each measuring 44 Scet by 83 feet to .90 feet, and each having access by a separate approacli of 7 feet from BROUGHAM STREET. LOT 4—First-class Residential Site, practically level, having a frontage of 33 feet to BROUGHAM STREET, narrowing to 20 feet) at rear, by depth of 130 feet ■ LOT S—THE FAMILY MANSION '"WINDHOVER," containing, on the ground floor, large drawing and dining rooms, morning-room, spacious hail porcli with tiled floor, cloak-room, two bedrooms, kitchen, two sculleries, pantry, and p.w.c. On the first floor are eight bedrooms, large landing, two bathrooms, p.w.c., ctc. Outside, laundry, storc-rooin, and usahalt yard, verandah and iSalcony on three sides. The land has-a frnntii;;e of 78 feet to BROUGHAM STREET by depth of 130 feet, widening lo 91 feet at rear. For plans, U-r:-i.«, and conditions of Kile applv HARCOURT AND CO., Auctioneers. 5073
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Dominion, Volume 1, Issue 1, 26 September 1907, Page 16
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775Page 16 Advertisements Column 1 Dominion, Volume 1, Issue 1, 26 September 1907, Page 16
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