THE CHEVIOT ESTATE.
(BY TELEGRAPH. —PRESS ASSOCIATION.)
Christchurch, this day. The ballob for 42 sections of fireb and second class agricultural land on the Cheviot Estate on lease in perpetuity took place yesterday. There was a large number of applicants for several of tho sections, but in four cases no application was made. The area of land leased is 10,791 acres, and the annual revenue £2,952.
The nrea of land sold for cash on the Cheviot Estate ia 6,365 acres, tor which £33,608 has been received. The nrea leased is 27,312 acres. The capital value of this is £142,500, and tho yearly rental £7,140. The area remaining for disposal is 46,237 acres.
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Bibliographic details
Auckland Star, Volume XXV, Issue 15, 18 January 1894, Page 5
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112THE CHEVIOT ESTATE. Auckland Star, Volume XXV, Issue 15, 18 January 1894, Page 5
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