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SALE OF ESSENSIDE MANSIONS, GLENELG.
One of the most imposing buildings at Glenele is the well-known property Essen side Mansions, for many years the home of the 'Tennant family. Some' years ago
his property was sold Dy tne xennani is ate and subdivided by the purchaser into line modem self-contained flats. It was bought, in view of the excellent position if the property, on the corner of Mose ey and College streets, a stone's throw rom the railway and hue service, the leach, jetty, and shopping centre, that here would be keen demand for flats. ?his opinion has been more than justified iy the fact that all the flats are booked n yearly tenancies, and there is a waiting ist for any vacancies that might occur, 'he announcement that Essenside Man ions is to be sold by auction (by direc !on of Mr. A. A. Heaslip) at the Wool Exchange, Adelaide, on Wednesday, lltb VpriL'shcTuld- therefore 'be of- ^considerable' nterest to investors in real estate. The iropcrty at present returns an income of iDproximately £1,425 per annuin, a .figure howing an exceedingly attractive rate of nterest on the price required. The man ;ions are in perfect order, and will -need ittle attention for many years to come, jiberal terms are available. Orders to nspect may be obtained from the ane ioneers. Wilkinson, Sando. & ' Wyles, jimited. No. 1 Moseley street, Glenelgj or lead office. 20 Wajmonth street,- . ?