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PROPERTY SALES.

BLACK-BRIDGE FARM

An important land sale took place in Messrs Friedlander Brothers' Bazaar this afternoon, when that firm, -in conjunction with the TTational Mortgage and Agency Co., Ltd., offered for sale by public auction the property known as the Blackbridgo farm in or-1 der- to close accounts in the estate of the late Matthew Stilt and Mr J. R. Hart. The farm, which previously formed part of the famous Longbeach estate, is said to consist of good wheat growing land and ideal dairy farms. It comprises 1051 acres, but for the purpose of facilitating sale has been divided into nine separate farms rang- | ing from 77 to 205 acres. Its situation is convenient, the farm is one.mile from a creamery, close to a school and post-office, 10 miles from the. town of Ashburton, and five miles from [ Winslow. . . - ' [ The terms of purchase were.:—lo per cent, cash deposit, 5 per cent, on January 10, 1915, 15 per cent, on "January 10, 1916; with 5 per' cent. added on unpaid balances. The balance was allowed to remain for three or five years, at current rates of interest, payable half-yearly.. Possession is to be given on March 25, 1914. Lot 1, containing 77 acres, was offei--ed first, the purchaser having the option of'taking Lot 2, containing 111 acres. The bidding commenced at £24,1 and rose by £1 bids to £29, .at which figure it was pased in. Lot 2 was; also passed in. i Lot 9, containing 84 acres, was the' next block. offered. Tft this case also, the purchaser was given the privilege of taking Lot 8, containing 85 acres. Commencing at. £30, the bidding rose to £33 by a succession of £1 bids. If was then knocked down to Mr W. F. Stephens, of Eiffelton. Mr Stephens I took Lot 8. . For Lot 7, comprising 100 acres, with the option of taking Lot 6, no offer was received. Lot 5, containing 14.0 acres, with the option of taking the 142 acres contained in Lot 4, commenced at £28 per acre, but on reaching £31 it was passed in. • l Lot, 4 was then put up. £30 was the initial bid, and the succeeding ones were £30 10s, £31.. £31 15s (vendor's), nnd £32. At the latter figure Mr W. B. Ellery. recently of the Waikato, and at one time of ; Mayfield, became the purchaser. He also took Lot's at the same price. Lot 1 was again put up, but no bid was forthcoming. The homestead block, Lot 3, containing 205 acres, was not offered.

Mr Henry Stephenson 'offered for sale T.S. 549, Cox Street, comprising one-quarter acre, on which is erected a dwelling of six. rooms. Mr W.'Simpson, of .East Belt, was the purchaser, at £343. Also, on account of Mr Lithgow, a property, situated in Moore "Street,' comprising one quarter-acre, with dwelling of four rooms, scullery, and washhouse. The property was disposed' of to Mr A. Pollock at £245. / |

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG19140228.2.40.1

Bibliographic details

PROPERTY SALES., Ashburton Guardian, Volume XXXIII, Issue 8806, 28 February 1914

Word Count
491

PROPERTY SALES. Ashburton Guardian, Volume XXXIII, Issue 8806, 28 February 1914

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