THE VALUATION ROLL.

Southland Times, Issue 1543, 27 February 1872, Page 3

THE VALUATION ROLL.

. « The ratepayers of Invercargill will learn with feelings of mixed satisfaction that their representatives in the Council have at length succeeded in getting a valuation roll which they in the exercise of their discretion have thought fit to allow. It is a voluminous document, containing upwards of 1800 entries, being the divisions and subdivisions of 74 blocks, into which the town property of Invercargill is laid out. For the information of persons unacquainted with the record map of the town, we may explain that 66 of the 74 blocks are subdivided into 22 sections each, the remaining 8 having from 10 to 28 sections respectively. The most valuable block is No. 1, situated on the west aide of Dee street, between Eek and Spey streets. The total amount at which it is valued is £1895 10s. The I section yielding the highest annual value in j the town is No. 12 of that block, situated at the corner of Esk street. That section, which is valued at £245, is subdivided into six building allotments. The section yielding the highest rental, occupied exclusively by one tenant, is No. 13, on which the Club Hotel is erected, its annual value being set down at £170. The next highest occupied exclusively by one tenant is section 19, being the Prince of "Wales Hotel. The estimate upon it ia£l4o. The second highest block in the town is No. 2, situated on the west side of Dee and north side of Tay-streets, bounded by Esk and Kelvin streets. Its estimated rental is £1600 ss. The next highest is No. 9, being the parallel block on the north side of Esk street. It is estimated at £1305. Block 71 is the fourth highest on the list. It is situated parallel to that of block 9, with frontages to Dee, Don, Spey, and Kelvin streets. It is ralued at £591. The next in value is block 3, fronting Tay street, on a line with block 2. Its estimated rental as set down is £572. Of the remaining blocks, No. 72, on the west side of Dee street, is valued at £325 ; 11, on the north side of Tay street, and 12, on the south side, are valued at £307 and £306 respectively. The next in value are blocks 13 in Tay, and 52 in Clyde and Teviot streets. The one is valued" at £236, and the other at £203. Under £200 and above £100 there are twelve blocks, viz., 10, £194 ; 53, £187 ; 63, £183 ; 68, £170 ; 56, £166; 70,. £146; 69, £139; 64, £133'; 6, £118 ; 67, £116 ; 62, £108 ; and 55, £102. A reference to the map will show that these properties are situated in Tay, Esk, Don, and Spey streets. Between £50 and £100 there are 12 blocks, viz., 57, £95 ; 14, £83 ; 58, £80 ; 4, £77 2s ; 61, £77 ; 8, £76 5s ; 65, £74 ; 59, £68 ; 73, £68 ; 54, £66 ; 60, £56 ; 16, £52 10s. The majority of these are situated on the north side of the town, in the vicinity of Gala and Leet streets. Between £20 and £50 there are 11 blocks ; between £10 and £20, ten ; £5 and under £20, four; above £1 and under £5, eight. The lowest block put down for rating is No. 45 (30s), adjoining the town boundary on the eastern side of the swamp. According to the valuation, Dee street properties, including the frontages to the corners of the various crosa streets, are valued at £3,557. Of that amount the east side of the road represents £1,523, and the western side £2034. Two of the sections in this street are reserved for municipal purposes, and two for educational purposes, which makes four sections not liable to be rated, so that their estimated value does not appear in the above. According to the same computation, Tay street properties are valued at £1,956 ss, of which £1,456 5s represents properties situated on the north side. In addition to the public gardens reserve at the Clyde street end, four sections are reserved for municipal purposes, and three for education, so that a very considerable proportion of the street is not represented in these figures. Eak street, according to the same basis of computation, is worth £1,608, of which £913 belongs to the south side. As mentioned in a previous issue, the entire valuation amounts to £10,626. The valuation notices have been delivered, and parties interested are notified by advertisement that appeals must be delivered to the Clerk to the District Court six clear days before the day appointed for hearing them, the said date to be fixed by the Judge of the District Court.