Page 22 Advertisements Column 2

Free Lance, Volume IV, Issue 160, 25 July 1903, Page 22

ABSOLUTE AUCTION SALE OF THE BISHOP ESTATE. GREAT SALE OF FAMILY RESIDENCE, SHOP AND DWELLING HOUSE AND BUSINESS BUILDING SITES, INGESTRE STREET AND CUBA STREET. THE MOST IMPORTANT BLOCK OF BUSINESS SECTIONS IN INGESTRE STREET THAT HAS BEEN SUBMITTED FOR SALE BY PUBLIC AUCTION FOR MANY YEARS. IN THE EXCHANGE LAND MART, No. 84, Lambton Quay, Wellington. ON THURSDAY, 13th AUGUST, 1903, At 2.30 o'clock p.m. MACDONALD, WILSON AND CO. are favoured with instructions from the Tiustees of the Estate of the late Mrs. Wm. Bishop to sell absolutely by Public Auction, as above, in older to clo=e the accounts of the Estate, the whole of the Family Properties, as under — LOT 1. THE SMALL BLOCK OF LAND WITH SHOP AND DWh LLING HOUSE in CUBA STREET, being part of Town Acre No. 126, having a frontage of 12 feet to Cuba Street, by a depth of some 113 feet, and then widening out to a small Section, measmmg 48 feet x 24 feet. The propeity is let at a lental of £65 pei annum. From its position, close to the coiner of Ingestie Street, it is of exceptional value to the adjoining owners, and will always lemain one of the most profitable small propei ties in that quarter of the city. LOTS 2 to 5. FOUR MAGNIFICENT BUSINESS SECTION SfiontinglNGESTßE STREET and close to the Cuba Street corner, being poition of the subdivision of Town Acre No 124, CITY OF WELLINGTON, asunder— Section No. I—2B feet frontage by 130 feet deep. Section No. 2—28 feet frontage by 130 feet deep Section No. 4-28 feet fiontage by 130 feet deep. Section No. 5. — 27 feet 5 inches frontage by 130 feet deep. These splendid Business Sections aie situated close to land woith £150 per foot, and cannot be surpassed as sites foi the erection of fiist-class Shop Piemises. Then long depth, flat surface, and consequent cheapness in building, and, moie than all, their cential position not only gives them a hist-class value to-day, but will add to that value year by year. For fully a quarter of a centuiy the block of land belonging to the Bishop Estate has been looked at with eagei eyes, but until this moment nothing could be done to subdivide 01 place it upon the market. It is now available to the highest bidder, and the purchaser of any of these sections may rest satisfied that within Five Years his investment will be woith fiom £50 to £60 pei foot frontage to Ingestre Street. LOT 6. THE VALUABLE FAMILY RESIDENCE elected upon Section No. 6 of the Subdivision of Town Acie No. 124, the lattei having a frontage of 38 feet to INGESTRE STREET, neaily opposite Bute Stieet, by a depth of about 130 feet The Residence contains Ten laige and lofty rooms, and is a thoroughly well-built, up to-date Family House. It is atpresentlettoMi.Heniy Bnttain, the well-known chemist, at a lental of £S4 pei annum and lates. One advantage of this piopeity is that space exists in fiont ot the house for the election of a fiist-class shop and yet leave the lesidence fiee toi letting puiposes. The whole of the above six piopeities foimmg " The Bishop Estate," in the City of Wellington, can be faithfully and individually recommended asFnst class Investments, with peimanent incieasing values each year. Eveiy man with spaie capital should take the tiouble of examining them. Examination will make him a buyei. The Teims of the Sale <iie 10 pei cent. Cash Deposit, 10 per cent, in Six Months, 10 pei cent, in Twelve Months, and the balance (if desned) in Thiee Yeais, with inteiest in meantime at 5 pei cent, per annum. Foi Lithographic Plans and fuller details, Conditions of Sale, etc , etc , apply to the Auctioneeis at then Office, 01 to G. F. Bishop, Esq , Solicitor, Marton, 01 his Wellington agents, Messis. Menteath and Beeie, Solicitois, Wellington.