SALE AT ALICETOWN.

New Zealand Times, Volume XXXI, Issue 4847, 4 October 1876, Page 2

SALE AT ALICETOWN.

On Monday next Messrs. Bethune & Hunter are to offer for sale a number of building allotments situated in one of the most picturesque spots of the fertile valley of the Hutt, named Alicetown. A visit to the locality is all that is required to satisfy enquirers as to the value of the land. It lies on this side of the river, a few hundred yards from the railway station, at an altitude beyond the reach of floods which occasionally visit the Hutt, and the whole of the 195 allotments into which it'has been cut up are level as a bowling green. The allotments for the most part contain from Ir. 37p. to 10p., and such attention has been paid to the laying out of the streets, together with several broad public roads, that every facility of access is given to each allotment. The single exception to the ordinary size of the allotments is one nearly three-quarters of an acre in extent, upon which there is an excellent six-roomed house, kitchen, and outhouses, nearly new and lined throughout; also dairy and large cowshed. This, which is bringing in a good rent, will be offered together with the rest of the property. The eastern boundary of the land is the Hutt

river, and every precaution has been taken against possible encroachments, although from the position of the land such a thing is extremely improbable. There is a long shingle bed, in some places three chains broad, extending along the property, which alone should be a sufficient natural protection; but groins and other artificial protective works have been constructed. A reference to the advertisement in another column will show that the terms are very liberal, and that an excellent opportunity is afforded to persons in business or in the Civ Service to secure a comfortable freehold at a moderate outlay. The limited extent of land available as building sites in the city of Wellington must always ensure the price of land, and consequently house rent, being exceedingly high, and as time goes on and Wellington as we hope prospers, citizens will naturally look to the suburbs to supply them with residence sites. The Hutt apparently is the only resort,, and in proportion to the quantity taken up the value of the remaining land will be enhanced. Already the railway department recognises thenecessity of late trains, and in a very short .time it will be necessary to make permanent arrangements for early and late trains. These lands will then begin to be estimated at their real value ; and marvellous as the advance inthe price ,of city property has been of late years, it is to be anticipated that.it will be by the rapidity with which, suburban, lands will increase in value.