LAND SALES.

New Zealand Times, Volume XXXIII, Issue 5329, 26 April 1878, Page 6

LAND SALES.

* MESSRS. T. K. MACDONALD AND CO. > .Messrs. T. Kennedy Macdonald and Go. s exchange land mart was crowded to excess on April Ist, on the occasion of the firms monthly land sale, which has now become .quite an institution on the first Monday in each month. There was keen competition for the allotments forming the subdivision of town sections 33*1 ■ aud 313, the result being that everyone of them was disposed of. The following lots were sold : • ® £ 3. <l.

Th.e ' following properties were withdrawn, "and are open for sale at the auctioneer’s offices. We understand that a number of applications have already been made for these lots, and that the majority of them will probably be quitted during to-day : Lot 1. Two storey residence, Cauibridge-terraee, £7OO. *2-3. Two cottages, Douglas-AVallacc-strect, £225. •1. Leasehold property, Cuba-street and Abel-JSmith-Rtrcot, 22s Gd per foot. 5 0. Allotments 73 and 131, Woodville, £24. S-10. Allotments 142, 168, and 101, £3O. 11-1-1. Four sections, Fitzhtfrbert, £2los per acre. 4 10. leasehold f{-acre. South-road, £175. 17. House and land, Donald McLean-street, £240. 21-20. Three allot men ts.Vogeltown (£3O each).£oo. 20-38. Ten allotments, Vogeltown(£2seach),£2so. (52. Housemaid 112 ft to Queen-street, £7OO. -03. House and section, Brougham-terrace, £IOO. 01-0- Leasehold, house and three allotments, Wordsworth-street, £4OO. 07-70. Four allotments in Donald McLean- * street, £75 each. 71. Farm (100 acres), Mahara, £750. 73-7. -Five allotments, ‘Woodville, £2O etteh, 78-80. Three allotments, Eiddiford-street, £3 per foot. 52. Allotment CS7, Palmerston, £25. 53. Two allotments, 130 aud 127, Woodville, £3O.

The Kaitoke and Kiwitea sections were withdrawn for special sale, there being no Aids.

The sale throughout was exceedingly successful, and the prices realised show that land in Wellington has by no means reached its maximum price, and there is yet room for fair and honest speculation. MESSRS. J. 11. BETHUNE AND CO. A large and important land sale was held on April 3rd by Messrs. Bethunc & Co. at their mart, Featherston-Street. There was a large attendance, and the bidding for some of the properties was very spirited. Some of the lots however were "withdrawn, as there were no suitable offers made. After the sale several town sections situated at Masterton were disposed of at satisfactory prices. The following is the result of the sale : Leasehold property, portion of town acres No. 019 and 020, Thorndon.

street, with dwelling-house thereon, £3BO. Leasehold, part of town acre No. 540, with three houses erected thereon (10 years unoxpired) £425. Township of Fielding.—Section 191, £43; section 102, £43 ; section 201, 38; section 202, £3B; sec-, tion 410, £2O; section 458, £2s;.section 478, £25; section 497, £4O. IJutfc.—Section No. 305, containing 220 acres, at 10s. per acre, £iSO. Sanson.—Town acre No. 322, containing J-acro, £lO Total of sale, exclusive of property sold at rental, 1207, MR. J. 11. WALLACE. Lower Hutt Township.—Sold ou account of John Martin, Esq., P., by Mi'. J. H. Wallace on April 9th. There was a good attendance and spirited bidding. A lunch was furnished by Mr. Laiug. The following lots were sold ; Lot 1 11. Bunny, £75 18s Sd ; 2 H. Bunny, £37 19.5; 3 11. J. Duncan, £33 : 4 T. TV. Young, £3l 7s ; 5 F. G. Ladd, £33 ; 0 F. G. Ladd, £34 13s ; 7 H, Churtou, £34 13s; 8 H. Churton. £3O 12s; 9 11. J. Duncan, £3O 12s ; 10 James Baird, £39 12s ; 11 W T , Gathercolo, £3l) 12s ; 12 R. Port, £42 18s ; 13 R. Port, £53 (J ; 14 H. Churton, £45 3s ;15 H. Churton, £9 18s; 10 Jas. Baird, £l3 4s ; 17 R. J. Duncan, £8 5s : 18 H. Churton, £l3 4s; 19 11. Churton, £l3 is; 20 Jno. Richard*, £l4; 21 John Richards. £ls 13s (id; 22 T. TV. Young, £lB 3s ; 23 R. J. Duncan, £lB 19s Od ; 24 H, Bunny, £lB 3s ;, 25 H. Bunny, £75 12s ; 20 H. Churton, £37 10s ; 27 J. M. Taylor, £3O (is ; 28 V. Wills, £l3 4s; 29 TV. Gilpin, £33; 30 TV. Gilpin. £33 ; 31 W. Gilpin, £33; 32 James Riders, £33; 37 TV. Gilpin, £OS 5s ; 38 TV. Gilpin, £2O 13* Od. ; family hotel, let for 5 years to T. TV. Young at £3 10s per week, furniture to be taken at a valuation, 53 TV. C. Deveroux, £OIB 7s Od ; 54 George Gilbert, £375. Intervening lots withdrawn. Pioneer Temperance Hotel, Masterton, withdrawn. Total amount of sale, £2325 7s 2d.

Mr. M. 11. Miller reports the sole on the 13th April of Allan McDonald’s Pouawa property, at Gisborne, containing 19,200 acres, leasehold, at a rental of £IOO per annum, having 10 years to run, and 112 acres freehold, with all improvements and 11,t) 00 sheep, to Mr. Doull, of Mataura, Otago, for £IO,OOO sterling. The Ahauriri Estate, the property of Richard Fleming, situated on the Peninsula, fifteen miles from Christchurch, was sold by auction on April 12th. It comprises 1107 acres, and realised £31,500. It was sold in blocks of various sizes. The price per acre ranged from £6 10». to £2O.

Wo understand that Mr. P. A. Buckley has purchased, through Messrs, Bethuue and Hunter, the. property known as the Lyells Bay Station, belonging to the estate of the late Mr. Alexander Sutherland, containing 500 acres freehold land, being sections Nos. 1,2, 3,4, and 0, each 100 acres. The exact pricegivenhas not transpired.

A largo number of applications were made at the Survey Office, Lawrence, Otago, on Monday, April 15th, for land under agricultural leases in Tuapeka West, Table Hill, and Waitahuua East districts. There were also a number of applications for land under the deferred payment ejstem in the same neighborhood. Throughout the whole of the day the office was fairly besieged with applicants.

At Mr. Duncan’s land sale on April 16, lot 1, Hospital reserve, 0a 2r sp, was knocked down to Mr G. Y. Shannon at a rental of £35 per annum, and all the other lots were withdrawn. A piece of land at the corner of Courtenayplaco and Tory-street was placed at an annual rental of 15s per foot, and a piece having a frontage of 10ft to Tory-street brought a rental of 35s per . foot. The Greytown and Kilbiruie properties were withdrawn, and there was not a bid for properties offered at Feilding and Pahautauui. Mr. Miller sold Henry Ford’s Whana leasehold property, about thirty miles from Napier, 18,GOO acres, rout £2OO, eleven years unexpired, 12,000 mixed sheep, and station plant, to Mr. R. E. Beamish, for £13,500; and Ford’s Kereru freehold, 11,150 acres, plant, and 10,000 sheep, to Messrs. J. and A. Harding, for £28,500.

Mr. J. J. Tyo reports that the total number of acres of the Arlington estate sold on March 30th was 9-15(3, which realized £42,500, or on an average a little over £4 10s. per acre, including the township, the suburban sections, and the rural laud. The township of Wanstcad included 33 acres, which brought £1216, or £37 3s. per aero ; the suburban sections, 43 acres, £304 ; and the rural lands, 9380 acres, £40,990, or au average of about £4 7s. 3d. per acre. Many of the lots have been changing hands since the sale at higher figures. The sale of Arlington Estate, Napier, the property of Captain Newman, was concluded on March 30. It was held in the Theatre, and occupied two days. The attendauco'each day was very large, and for some lots tho bidding was very spirited. Tho sale comprised the township of Wamstead, the sections being about a rood each. The township realised over £12,000. The suburban sections ranged from £lB to £6 per aero. On March 30th the sale consisted of small farm settlements, on deferred payments, and realised from £B, to £3 10s. These rural blocks realised about £45,000, It is a.vory ordinary run of country, and tho satisfactory prices obtained surprised a good many. There is talk of constructing a tramway, which will enable three largo runs to bo brought into tho market for small farms. Henry Driver sold to Mr. J. F. Hatching, of Moa Iff at, tho Horseshoe Bush estate at Waihola, 2000 acres, at £lO per aero. Mr. Hitching iutcuds to convert it into a model stud farm for shorthorn cattle and Clydesdale horses.

Mr. J. H. Wallace sold on Wednesday by auction allotment 6 of section 245 in the city of Wellington, having a frontage to Hill-street of 30 ft. 3iu. by a depth of ilSft. Mr 11. Archibald’was tho purchaser of tlio property at £loloa per foot.

Lot 7. Section 187, 'Woodvillo, Head 12 0 0 15 342, Sanson, J. T. Stewart < 18-21 Allotments 4, 5, 8, and 9, of sec45 tion 231, PalmerstonN, Sparkes.. ■ 27-28 Allotments 22!) and 231, Vogel24 A. M. Douthorne ,. 48 80-41 Brougham-st,, 84ft, J. Richardson 42 Corner Brougham and Queen 407 0 streets, 2Sft, H. Inuis .. 203 13 O.ueen-streot. 2Sft, G. Bowers 115 0 44-5 46ft, AV. R. Waters ., 230 , 22ft, AVilUinson 302 0 47 , 23ft, A. Lindsay . .. 115 0 0 - - 46 , 23ft, Jno. Dyke 115 , 23ft, R. Cate 100 5 0 . 23ft, F. Barber nr> 0 0 , . 5ltft, T. W. Young -. 330 0 0 ry> 25ft, 11. Johnson 125 , 50ft. J. Joy .... 250 0 O 330 0 0 2Sft, A. McFarlaue .. 140 0 0 .. 28ft, J. McLeltau .. 150 10 0 00 Ouccn-sticet. 2Sft, 11. Prichard .. 164 10 0 hi 72 Town , 25ft, J). Smart sections Nos. *22 and 23, MalCrlstchurch, Read and 143 15 0 Pritchard .. 61 Leasehold cottage off Kent-terrace, 14 0 0 Jno.Shannon 85 0 0 Total 3481 17 0

Lot 1—50ft frontageatarcntalperaimuuiof .£37 10 0 ■ 2—50ffc „ „ 35 0 0 3--50ft „ „ ' 32 10 0 1— 50ft ,, ,, 32 10 0 5—50ft ■ „ 27 10 0 0—50ft „ ,, 35 0 0 • 7--50ft „ ,, 42 10 0 S—120ft „ „ 120 0 0 freehold, part of town acre No. 53S, c-