THE GRACE ESTVTE

Dominion, Volume 9, Issue 2638, 8 December 1915, Page 3

THE GRACE ESTVTE

Old land-marks within the : city are gradually being swept away as' the demand for building space increases. ■ An example of this 'is the residence and grounds of "the late Mrs. Grace, situated in Hawkestone Street. Twice within quite recent years'the march of progress has absorbed the residence' and grounds of the Grace family., The first occasion, was the family home at the corner of Sydney and Molesworth Streets,- opposite Parliament Buildings; where now the. Crown Theatre is'being built lipon > the old lawns and gardens, whilst the residence, with brick additions, is being occupied for commercial purposes; and nois: the Hawkestone Street residence'-'and gardens of over three acres are. to, go under the hammer. Purchased from the late Mr. Joseph' Nathan, Mrs. Grace further improved and extended the' grounds, which are planted and partly covered with some, fino English forest trees. On December 10. at 2.30 p.m:, -Messrs.-.Harcourt' and Co. to submit to auction the estate, as subdivided into fourteen building sites, \ eight of which have frontages of iflft.'or over to HawkeBtone Street or Portland Crescent, whilst the remaining 'six,- being the back_ and higher part of the estate, have continuous 7ft. frontages to Hawkestone Street, as is shown upon the plan in our advertising columns, enabling adjoining owners to combine and have a mutual lift, entrance. The sections vary in area from 13 perches to 1 rood 7 perches, and are to be sold on a 10 per cent; deposit in six months and twelve months, and the balance within three years, with interest at '51 per cent., but should any purchaser pay" cash within twelve months all interest paid vcill. be refunded. The family residence of sixteen rooms, with conveniences, inchiding greenhouses, etc., and standing on Sections 3 and 4, having a total area of over half an acre, will also be submitted, subject'to a lease to Mrs. Facer at an annual rental of .£2OO.