COMMERCIAL.

Globe, Volume XX, Issue 1403, 14 August 1878, Page 2

COMMERCIAL.

IMPOETANT LAND SALE.

One of the most important sales of land by public auction that has taken place in Canterbury was held yesterday by Messrs H. Matson and Co, A portion of the property at Upper Riccarton, known as the Deans Estate, was >nbmitted to public competition. The block consisted of 24 acres fronting on Hagley Park, which has been severed from the main estate by the Northern Railway punning through the land. The portion so cat off is particularly eligible as sites for villa residences from its contiguity to tbe city, its exceptional elevation affording unusual facilities for perfect drainage. It is intended to have the streets, which are as laid out ou the plan, a full chain wide, metalled, and the footpaths made previous to being dedicated to the Board. The lots submitted ranged from ;U perches to a quarter of an acre. The total amount realised for The Riccarton portion of the estate was £26 Oil, and the Hagley Lodge portion, consisting of about 3 acres, brought £IO6O. The gross amount showed au average of £IOB3 15s lOd per acre. The following are the numbers of the several lots and the amounts paid for each:— Lots No. 82, 83, 81. £IOO each, Nos. 84, 85, and 88, £350 each: 79 and 80. £370 eah; No. 5, £310; No. 98, £3OO ; Nos. 62,65, 66, and 77, £3OO each ; No. 9, £2 J 0; Nos 13, 3, 10. 11, 13, and 14, £2BO each : Nos. 8 58, 60. and 61, £270 each; Nos 6 and 7, £260 each: Nos. 54, 78. and 76, £265 each ; No. 75, £260; No. 89. £350 ; No. 59, £320; No. 1. £3lO : No. 63 and 288 87, and 64, £3ooeach; N. 8. 4and67, £290 each; No. 35. £3lO : No. 97, £130: No. 96, £410; No. 91. £120; No. 27, £320; No. 55, £255; No. 68; £260 ; No 19. £255; Nos. 72,19, 73,15, 74.16. 36,17, 34. 26. 48, £240 each: Nos. 18 and 39, £240 each; Nos. 41, 42, 31, 32, 43, 56,57, 71, 29, and 95, £235 each ; Nos. 44 and 45, £230 each; Nos. 46 and 47, £225 each; No. 113, £100; No. 112, £9O; Nos. 102 and 103, £BS each; 107, 108, 109, 110 and 111, £IOO each ; Nos. 52 aud 53, £225 each; 33 and 28, £230 each; 92, £235; 22, £220; 25, £225 ; 50, £215 ; 69, £230; 93, £220 ; 51. £215; 49, £225 : 70, £220 ; 20 aud 94, £2lO each ; 30, £215; 38 and 23, £205 each ; 37. £140: 103, £350 ; 100, £130; 104, £120; 105, £IOO ; and 106, £lO5. General satisfaction was expressed at the admirable manner in which the plan of the estate was mapped out by Messrs Blanchard and Mclntyre, considerably simplifying the comprehension of the locality submitted for sale.