State Library of NSW
MISCELLANEOUS WRITINGS.
LAND SALE
SALE OF SYDNEY TOWN LOTS.
NOVEMBER 29th 1855. The government land sale of yesterday was one of great excitement, and the prices obtained unsurpassed, in the history of the City. The corner allotment of Hunter and New Pitt streets produced the extrordinary [extraordinary] price of £101 per foot or at the rate of Seventy thousand pounds per acre. The sale comprised fifteen allotments, fourteen of which were sold. The following are the prices and the purchasers of the different lots.
Lot 1. 23 feet on Hunter Street at £51 per foot. 2. 22 adjoining the above at £46 £1012 Mr Charles Newton. 3. 29 Corner of Hunter Street & New Pitt Street at £101 per foot £2929 Sydney Sydney Insurance Coy. 4. 2 New Pitt Street at £70 per foot £1600. Sydney Insurance Company. 5. 20 feet do. at £61 £1220 Mr Charles Newton 6. 23 feet at £74 per foot £1702 Australian Assurance Coy. 7. Withdrawn. 8. 24 feet 6 inches at £60 per feet. £1470 Stuart A Donaldson Esq. 9. 24 .. 6 inches .. ...at £55 per food £1374 10/- Mr Daniel Cooper 11 . 24.. 6.. at £51 .. .. £1249.10/- Mr Daniel Cooper. 12. 23 feet at £53 .. ..£1219. A & M Moses 13. 23 feet at £55. £1265. A & M Moses 14. 23 feet at £60. £1380 Mr Daniel Cooper 15. 25 feet 6 inches at £75. £1912.10/- Mr Daniel Cooper. Total amount of Sale £20,959.10/- the whole averaging £42. 182.13/- per acre.
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