Workers' Dwellings Lease Options




2338
THE NEW ZEALAND GAZETTE.
[No. 76

SCHEDULE.

WELLINGTON LAND DISTRICT.—PETONE BOROUGH.—HERETAUNGA SETTLEMENT.

Workers' Dwellings.

Open for lease for a period of fifty years, with right of renewal for further term of fifty years, or option of acquiring the freehold, in modes shown hereunder:—

Section. Block. Area. Lease for Fifty Years, with Right of Renewal for Further Term of Fifty Years. Lease for Term of Years, with Option of acquiring the Freehold.
Mode A.
Twenty-five Years’ Lease at 5 per Cent. on Capital Value.
Mode B.
(a.) Thirty-two Years’ Lease at 8 per Cent. on Capital Value.
(b.) Forty-one Years’ Lease at 6½ per Cent. on Capital Value.
Mode C.
Life Insurance: In addition to Premium, payment of Rent as under.

DWELLINGS.—DESIGN A.

Per Month. Per Month. Per Month. Per Month. Per Month.
A. R. P. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d.
10 II 0 0 14·7 2 5 0 2 5 0 3 12 0 2 18 6 2 5 0
18 II 0 0 14·7 2 5 0 2 5 0 3 12 0 2 18 6 2 5 0
16 VIII 0 0 14·9 2 5 0 2 5 0 3 12 0 2 18 6 2 5 0

Annual fire-insurance premium: Section 10, £2 5s. 7d.; Section 18, £1 18s.; Section 16, £2 5s. 7d.

DWELLINGS.—DESIGN B.

| 17 | II | 0 0 14·7 | 2 4 2 | 2 4 2 | 3 10 8 | 2 17 5 | 2 4 2 |
| 6 | III | 0 0 18 · | 2 4 2 | 2 4 2 | 3 10 8 | 2 17 5 | 2 4 2 |
| 24 | VIII | 0 0 14·2 | 2 4 2 | 2 4 2 | 3 10 8 | 2 17 5 | 2 4 2 |

Annual fire-insurance premium: Section 17, £1 16s. 6d.; Section 6, £2 1s. 4d.; Section 24, £1 19s.

DWELLINGS.—DESIGN C.

| 9 | II | 0 0 18 | 2 1 8 | 2 1 8 | 3 6 8 | 2 14 2 | 2 1 8 |
| 12 | III | 0 0 14·7 | 2 1 8 | 2 1 8 | 3 6 8 | 2 14 2 | 2 1 8 |
| 6 | VIII | 0 0 13·2 | 2 1 8 | 2 1 8 | 3 6 8 | 2 14 2 | 2 1 8 |
| 12 | " | 0 0 14·7 | 2 1 8 | 2 1 8 | 3 6 8 | 2 14 2 | 2 1 8 |

Annual fire-insurance premium: Section 9, £1 19s. 8d.; Section 12, £2 2s.; Section 6, £2 2s.; Section 12, £2 4s. 4d.

DWELLINGS.—DESIGN D.

| 10 | III | 0 0 14·7 | 2 3 4 | 2 3 4 | 3 9 4 | 2 16 4 | 2 3 4 |
| 1 | VIII | 0 0 14·7 | 2 3 4 | 2 3 4 | 3 9 4 | 2 16 4 | 2 3 4 |
| 14 | " | 0 0 14·7 | 2 3 4 | 2 3 4 | 3 9 4 | 2 16 4 | 2 3 4 |

Annual fire-insurance premium: Section 10, £2 3s. 2d.; Section 1, £1 18s. 5d.; Section 14, £2 3s. 2d.

DWELLINGS.—DESIGN E.

| 14 | III | 0 0 14·7 | 2 5 0 | 2 5 0 | 3 12 0 | 2 18 6 | 2 5 0 |
| 10 | VIII | 0 0 14·7 | 2 5 0 | 2 5 0 | 3 12 0 | 2 18 6 | 2 5 0 |
| 20 | • | 0 0 14·7 | 2 5 0 | 2 5 0 | 3 12 0 | 2 18 6 | 2 5 0 |

Annual fire-insurance premium: Section 14, £2 1s. 1d.; Section 10, £2 6s. 2d.; Section 20, £2 6s. 2d.

DWELLINGS.—DESIGN F.

| 11 | II | 0 0 14·7 | 2 3 4 | 2 3 4 | 3 9 4 | 2 16 4 | 2 3 4 |
| 8 | III | 0 0 14·7 | 2 3 4 | 2 3 4 | 3 9 4 | 2 16 4 | 2 3 4 |
| 2 | VII | 0 0 14·7 | 2 3 4 | 2 3 4 | 3 9 4 | 2 16 4 | 2 3 4 |
| 22 | " | 0 0 14·7 | 2 3 4 | 2 3 4 | 3 9 4 | 2 16 4 | 2 3 4 |

Annual fire-insurance premium: Section 11, £2 5s. 7d.; Section 8, £2 0s. 10d.; Section 2, £1 18s. 5d.; Section 22, £2 3s. 2d.

DWELLINGS.—DESIGN G.

| 13 | II | 0 0 14·7 | 2 4 7 | 2 4 7 | 3 11 4 | 2 18 0 | 2 4 7 |
| 15 | III | 0 0 14·7 | 2 4 7 | 2 4 7 | 3 11 4 | 2 18 0 | 2 4 7 |
| 8 | VIII | 0 0 14·7 | 2 4 7 | 2 4 7 | 3 11 4 | 2 18 0 | 2 4 7 |
| 18 | " | 0 0 14·7 | 2 4 7 | 2 4 7 | 3 11 4 | 2 18 0 | 2 4 7 |
| 25 | " | 0 0 14·2 | 2 4 7 | 2 4 7 | 3 11 4 | 2 18 0 | 2 4 7 |

Annual fire-insurance premium: Section 13, £2 5s. 7d.; Section 15, £2 0s. 6d.; Section 8, £2 5s. 7d.; Section 18, £2 5s. 7d.; Section 25, £2 0s. 6d.

The first year’s fire-insurance premium is payable immediately the dwelling is allotted.

All the buildings are of one class—viz., five rooms, with every convenience.

The modes of acquiring the freehold are as follow:—

Mode A.—By payment in cash of the capital value of the dwelling (including the land) at any time not less than twenty five years from the date of the lease. Rent during term of lease to be at the rate of 5 per cent. on the capital value.

Mode B.—(a.) By monthly payments over a period of thirty-two years, at the rate of 8 per cent. per annum on the capital value.

(b.) By monthly payments over a period of forty-one years, at the rate of 6½ per cent. per annum on the capital value.

Mode C.—By monthly payments of rent at the rate of 5 per cent. per annum on the capital value of the dwelling, and taking out an insurance policy on the life of the applicant with the Government Insurance Commissioner for the amount of the capital value of the dwelling.

JOHN STRAUCHON,
Commissioner of Crown Lands.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1906, No 76





✨ LLM interpretation of page content

🏗️ Schedule of Workers' Dwellings Available for Lease or Purchase (continued from previous page)

🏗️ Infrastructure & Public Works
Workers' dwellings, Lease options, Freehold purchase, Petone, Heretaunga, Wellington Land District, Crown land
  • John Strauchon, Commissioner of Crown Lands