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Auctions ride reach one of the moat balmy and salubrious spots adjacent to the city, with plenty of sea-bathing and fishing, has led a great many persons to take up their residence in so delightful a place, while the visitors are as legion. The , advantage of all this to the only Hotel in the place can easily be appreciated. The property is held by lease from the ground landlord for 21 years from the. Ist July, 1877, at the annual rental of £25, payable half-yearly on the Ist January and July in each year, and is leased to Mr. Joe Ames for 19 years from the Ist January, 1879, at the following rentals per year : £2OB for the first seven years £260 for the next four years £312 for the next four years £361 for the last four years Subject to a right of purchase of the whole property daring the first two years of bis lease at the sum of £2500. The above lot, No. 1, is sold subject to a mortgage of £9OO, maturing May 5,1880, and bearing interest at the rate of 10 per cent, per annum, payable quarterly. The mortgage can, however, be paid off if desired. Lot 2. The Valuable Dwelling-house and out offices recently erected on the allotments numbered 75, 76, and 77 on the plan of the suburb of Kiibimie, which allotments contain together three-quarters of an acre of level garden ground, fronting the main road from the Tramway Terminus to the Wellington Patent Slip. The house contains drawing-room, dining-room, five bed-rooms, kitchen, store room, &0., all on the ground floor; while there is also a convenient twostall stable, wash-house, out-houses, &c., upon the ground. The house, which is well and faithfully built, is at present occupied by Mr. Charles Moody, and can be honestly recommended to all who desire a commodious, beautiful, and healthy residence. The ground is held under lease for 21 years from Ist February, 1878, at a rental of £25 per annum. IN THE EXCHANGE LAND AND MERCANTILE AUCTION ROOMS. P A N A M A-S T K E E 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 the city, containing 1 rood 5 perches, having a frontage to Drummoud-street of 98J links by a depth along the Town Belt of 290 links, on which has 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, 1878, of the VALUABLE BUILDING ALLOTMENT No. 1 of the subdivision of Town Section No. 756 in the plan of the City of Wellington, having a frontage of 30ft. to Drummond-street by a depth along the Town Belt of 148 ft. 6m., 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 iu 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. 766, having a frontage of 30ft. to DRUM-MOND-STREET, by a depth of 148£t. 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 subdivision of Town Section No. 756, having a frontage of -43 ft. to DRUMMONDSTREET. by a depth of 148 ft. 6in., subject to a peppercorn ground-rent of £5 per annum, payable quarterly in advance. j. The Lots numbered 3t07, as above, present I 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 35 jft. 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 ADE-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 ADEL AIDE-ROAD MUSIC HALL, with the large , suites of Two-storey Offices suitable for solicitors and others, and the convenient out-offices, &c,, &c., 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, &c., &c., designed and carried out in a moat 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-KOAD, by a depth of 100 feet

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/NZTIM18791126.2.21.4

Bibliographic details
Ngā taipitopito pukapuka

New Zealand Times, Volume XXXIV, Issue 5822, 26 November 1879, Page 4

Word count
Tapeke kupu
1,211

Page 4 Advertisements Column 4 New Zealand Times, Volume XXXIV, Issue 5822, 26 November 1879, Page 4

Page 4 Advertisements Column 4 New Zealand Times, Volume XXXIV, Issue 5822, 26 November 1879, Page 4

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