369
waterside premises along the entire live of shore, a continuous sex-wall
and Embankment available
·wayo.
for
tram.
The military restrictions now imposed in consequence of the new Belchers Point battery do not make buildings prohibitive, though they _ _ greatly lessen the value of the three so great is the demand)
lob
f
but so
for space that wen with these dis- advantages there is no doubt the ground could be sold for ware houses subject to the usual conditione at- lacking to Marine leaseholds that the purchaser shall defray his share of the cost of building the sea wall and roadway in front.
The Colonial Government is specially interested in the sale of The leasehold of this land not i
alove
alone
on account of the annual Crown rent to be derived, but as
Enabling it to carry out the project of a continuous seawall and Embankment to the west- - ward, and this keeping faith with those holders of waterside premises to the west of Belcher's Point, who purchased
The understanding that their lots
would be connected with the more us
central portions of the City by
of
da
uninterrupted marine roadway
available for
The
for tramways, and on strength of which promise they have, now sunk over a quarter of a million of dollars in works of reclamation and in the erection of warehouses, factories, wharves, and other buldings.
off required,
It can of
of course
be
provided in the Crown lease of the ground to be demised, that the purchaser
The Military accidents that may the effects of quin practice
shall have no claim Authorities for any
arise.
from
over