Page 4 Advertisements Column 4

New Zealand Times, Volume XXXIV, Issue 5818, 21 November 1879, Page 4

Auc'dina IN THE EXCHANGE LAND AND MERCANTILE AUCTION ROOMS. P A N A M A S TBEI T. ON THURSDAY, NOVEMBER 27, 1879, At 2 o'clock p.m. In the Bankrupt Estate of Charles Moody and John Smith, as joint partners. The MAGNIFICENT LEASEHOLD PROPERTY, KNOWN as the ADELAIDEROAD MUSIC HALL, and adjoining Land and Buildings, T KENNEDY MACDONALD & CO . are favored with instructions to sell by public auction, at their rooms, on the above date, the undermentioned Valuable Leasehold and Freehold Properties : Lot 1. That VALUABLE ALLOTMENT of LAND, being part of the Town Section No. 747 in the plan of thereby, containing 1 rood 5 perches, having a frontage to Drummond-street of links by a depth along the Town Belt of 290 links, on which Mis been recently erected a thoroughly first-class WELL-BUILT VERANDAH COTTAGE, containing five rooms and suitable outoffices. The proximity of this property to the tramway station renders it specially valuable either for residence or as a safe investment. —This lot is sold subject to a mortgage of £350, maturing 10th January, 1882, and bearing interest at 12 'per cent, per annum, payable quarterly. Lot 2. Allotment 280 in the Suburb of Vogeltown, containing 32 perches, and being one of the best sites in that pleasant suburb. Lot 3. The lease for 21 years, from the Ist May, 187 S, of the VALUABLE BUILDING ALLOTMENT No. 1 of the subdivision of Town Section No. 756 in the plan of the City of Wellington, hiving a frontage of 30ft. to Drummond-street by a depth along the Town Belt of 148tt. 6in., subject to a peppercorn ground rent of £5 per annum, payable quarterly, in advance. Lot 4. The Lease for 21 years from the Ist May, 1878, of the VALUABLE BUILDING ALLOTMENT, No. 2 of the subdivision of Town Section No. 756, having a frontage of 30ft. to DRUM-MOND-STREET, by a depth of 148 ft. 6in,, subject to a peppercorn groundrent of £5 per annum, payable quarterly in advance. Lot 5. The Lease for 21 years from the Ist May, 1878, of the VALUABLE BUILDING ALLOTMENT, No. 3 of the subdivision of Town Section No. 756, having a frontage of 30ft. to DRUM-MOND-STREET, by a depth of 148 ft. 6in., subject to a peppercorn groundrent of £5 per annum, payable quarterly in advance. Lot 6. The Lease for 21 years from the Ist May, 1878, of the VALUABLE BUILDING ALLOTMENT, No. 4 of the subdivision of Town Section No. 756, having a frontage of 30tt. to DRUM-MOND-STREET, by a depth of 148 ft. 6in., subject to a peppercorn ground-rent of £5 per annum, payable quarterly in advance. Lot 7. The Lease for 21 years from the Ist May, 1878, of the VALUABLE BUILDING ALLOTMENT, No. 5 of the sub dvision of Town Section No. 756, having a frontage of 43ft. to DRUMMONDSTREET, by a depth of 148 ft. 6iu,, subject to a peppercorn ground-rent of £5 per annum, payable quarterly in advance. The Lots numbered 3 to 7, as above, present a rare, and in fact an unexampled opportunity to Working Men to acquire a Building Site for a very small consideration. Lot 8. The Lease for 21 years from the Ist May, 1878, of Allotment No. 6 of the subdivision of Town Section No. 756, having a frontage of 351,ft, to the ADELAIDE ROAD, by a depth alongside the Wesleyan Chapel of 101 ft., together with a Valuable Shop and 5 roomed Dwelling House, out-offices and scullery, recently erected thereon, and built of wood and iron, and furnished with gas and water, and every convenience. The Shop and Dwelling House is at present occupied by Mr. Garratt, chemist, at a rental of £65 per annum, payable monthly. The Lease is held under a peppercorn ground-rent of £l4 per annum, payable quarterly in advance. Lot 9. The Lease for 21 years, from the Ist May, 1878, of allotment No. 7 of the subdivision of Town Section No. 756, hava frontage of 16 feet to the ADB-LAIDB-ROAD, by a frontage to DRUMMOND-STREET of 101 feet, together with the SHOP and DWELLING HOUSE thereon, just erected in Brick, with Iron Roof, at a cost of £525. The Shop measures 15'6 x 14'6, and the attached Dwelling contains Parlor, Bedroom, Kitchen, Scullery (with copper), 4-feet passage, and other conveniences. The Lease is held under a peppercorn ground-rent of £lO per annum, payable quarterly in advance. Lot 10. That Magnificent Building, known as the ADELAIDR-ROAD MUSIC HALL, with the large suites of Two-storey Offices suitable for solicitors and others, and the convenient out-offices, &0., &0., attached thereto. The Hall is built of Wood and Iron ; measures about 70 x 100, and has been finished and ornamented with great taste and skill, no expense having been spared to give the Residents of that portion of the City a Hall fit for the requirements of the next 20 years. The Stage is most capacious and is fitted with complete Sets of Scenery, Act Drops, &e., &c., designed and carried out in a most elaborate and beautiful manner. The Hall and Offices stand upon allotment No. 8 of the subdivision of Town Section No. 756, measuring 97 feet frontage to the ADE-LAIDE-ROAD, by a depth of 100 feet, and the Lease is held under a peppercorn ground-rent of £26 per annum, payable quarterly in advance. The advantages of this property as an in-, vestment for capital can hardly be overestimated. It is situated in one of the most thickly populated parts of the City, and under the superintendence of a competent man must of necessity become the great gathering place for the inhabitants of Te Aro and Newtown to see and hear the dramatic and musical artistes so constantly visiting the City. As aplace for public worship and a day-school it is most admirably adapted, and the attention of the religious and educational bodies of Wellington is specially invited to its advantages on these grounds. Ten minutes’ personal examination, will show the Hall to be one of the finest and most convenient - structures in the City of Wellington, and convey more accurate ideas of its many satisfactory proofs than a column of descrip, tion. Special Note respecting the Properties, as advertised for Sale, in the estates of John Smith and Charles Moody severally and jointly— The Terms of the Sale will be 25 per cent, cash, and the Balance of purchase money in one Month, but the Auctioneers will be happy to make arrangements with intending buyers, by which they may obtain, if necessary, any sum of money they may desire on mortgage, for a lengthened period. Fall particulars as to title may be obtained from Messrs Moorhouse, Edwards, and Cutten Solicitors to the jointestates; andplans andother details may be inspected at the offices of the Auctioneers, Panama-street. Alfred a. babnett, LAND AND ESTATE AGENT, VALUATOR and COMMISSION AGENT. CASH ADVANCED On Freehold Properties, Leases, and other Securities. LOANS NEGOTIATED. Arbitration and Finance Agency Office, Odd Fellows’ Hall Buildings, ' Lambton-qnay, Wellington.