The Government has, we understand, made a good deal in offering to lease by public tender the Crown land opposite the Central Market, at present occupied by cinematograph shows and unsightly matsheds. The land is being put up for competition and has been an offer of $1,200 a month, which, we understand, has been made by the proprietors of the Victoria Cinematograph, and it is likely to be accepted. There was a competitor in the field in the person of Mr. Fogliani, who contemplated, as announced in our columns some weeks ago, the erection of a substantial building of reinforced concrete, capable of seating 1,500 people. The site is to be leased for a period of three years, so that the Government stands to make a profit on the deal of $28,800 above the old price. No matsheds are to be permitted on the ground, so that the present unsightly erections will disappear.
Land Competition: Government Gains Big Profit
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