Page 3 Advertisements Column 3

Oamaru Mail, Volume II, Issue 401, 11 August 1877, Page 3

SALES BY AUCTION WEDNESDAY, Rjth AUGUST. IMPORTANT SALE lEITOLI) AaD leasehold piioTIIE TOWN OF OAMAUU. At liis Store, Harbour - street. At 2 o'clock sharp. A H. M A U D E -*-■*-• Las received instructions from Messrs. Lees and .Moore to Sell by Public Auction, at above time and place, the undermentioned valuable Freehold and Leasehold Properties, viz. : On Herstlett's Claim, adjoining Messrs Lees and Moore's offices, and the new Reserve for Station purposes — Freehold of 5 Section?, each with S3 feet frontage to Railway Siding at south (and a right-of-way at the back for dray traffic) by a depth of 100 feet. All these sections have a special reserve for a tail water race for getting rid of water, if used for manufacturing purposes, when the Water-works are completed. This race lias the lowest possible level and thereby the greatest possible horsepower can be obtained. Freehold of 4 Sections, with 33 feet frontage to Itchcn-street, by a depth of 90 to Main South Railway Line. All the above Sections are within one minute : 3 walk of the Post Office, and will be sold on exceptionally easy terms. Frehold of 2 Acres adjoining the Town Belt, wish good road to it via Chel-mer-sticet. A Quarry is on the property, and adjoining it a Leasehold of Water-right of Oamaru Creek, with IS feet fall. Lease about 16 years to run. Very suitFreehold of Sections G, ", S, 13, 14, 15, 16. 17, and IS, and rema'r.der of Municipal Lease of Section 10, Block 29, with all improvements thereon, consisting of a Substantial 11-RoomedDwelling-house, Stables, Cow-house, Offices, <.v.c. The whole of these sections have been well cultivated —most of the ground having been trenched —and planted with choice fruit trees (in full bearing) and ornamental trees and Srhrubs. This property (situated at the head of Tei.s-street) is .-heltered from southerly and north-west wind-, is within G minutes' walk of the Post Office, and is, without exccp ion, the best residential site for sale in the Town. Freehold of Section ]l, Block 3,j—At corner of Wharf and Test streets, fencedandcultivated, with 3-roomed etc., thereon. years to run : irn Block 3.1—1S I rent, L 3 per Freehold of Section G, Block 74—ITullstreet ; with two 3-roomed Houses thereon. Freehold of Sections fi, 7. and 17, Block 7G —Partly fenced and cultivated. Leasehold of Sec 1 ion 4. Block 74 (Educational Reseave) Fenced and cultivated, with 3-roomed House thereon ;. 12 years to run ; ground rent, IA per annum ; full valuation at end of lease. Freehold of Sec:ions 1G and 2), Block 39—Unimproved. Leasehold of Secti m 17, B'ock 3D (Educational Reserve)—l2 years to run. with full valuation for improvement-; at termination of lease ; ground rent, L 4 per annum Freehold of Section 9, Block 46—With 3-roomed Stone House, concrete tank, ai d other improvements. Freehold of Section IG, Block 76—With 3-roomed blouse, &c, thereon. The Auctioneer would desire to draw the attention of capitalists and others to this sale of Valuable Properties, as affording a rare opportunity lor investment in this rajiidly rising town. The Sections on Herslett's Claim are, in the Auctioneer's opinion, of special value, being situated in the very he.irtof the town, and having frontages to a railway siding, are peculiarly valuable to grain merchants, wholesale merchants, or manufacturers, all cartage to or from stores being thereby saved on all goods per railway. valuable feature in these Sections, as when the Water-works are in full operation a most important desideratum in the use of the for manufacturing purposes will be a