Page 32 Advertisements Column 3

Press, Volume XCIX, Issue 29178, 12 April 1960, Page 32

AUCTIONS NATIONAL MORTGAGE AND AGENCY CO. OF N.Z. LTD. and i H. MATSON AND CO. PYNE, GOULD. GUINNESS, LTD., IMPORTANT NORTH CANTERBURY LAND AUCTION REALISATION OF FIRST CLASS SHEEP, CROPPING AND GRAZING FARM WAIKARI-SCARGILL VALLEY ROAD. 779 ACRES FREEHOLD TOGETHER WITH MODERN.HOMESTEAD AND FULL RANGE OF OUTBUILDINGS ON ACCOUNT OF MESSRS G. O. AND A. M. PANNETT ON WEDNESDAY, APRIL 27, 1960 , at 3 p.m. NATIONAL MORTGAGE AND 1 AGENCY CO. OF N.Z. LTD., and H. MATSON AND CO., and PYN, GOULD, GUINNESS, LTD. in conjunction have been instructed to offer by Public Auction in the National Mortgage Land Sales Room, 187-189 Cashel street, Christchurch, as above: 778 acres divided into 2 Bdocks. Homestead Block of 401 acres and a further area of 378 acres situated 3 miles away. The Homestead Block is situated on the Wai-kari-Scargill Valley road approximately 1 mile from School, Township and Rail, and 53 miles from Christchurch by tar-sealed highway. The 378 acres is situated 3 miles north of Homestead Block on the Waikari-Scar-gill Valley road approximately 2 miles from Scargill Township. The Homestead area comprising medium cropping and grazing land, is practically all flat and ploughable and is] subdivided into 16 paddocks by mainly post and wire* fences. PRESENT CONDITION 13 acres Lucerne new stand, 30 acres Rape, 60 acres new grass and clover, balance 2 year to older grass and clover pasture. WATER SUPPLY A first class watering system has -been installed and: water is piped to troughs] under pressure to all but 2] of the paddocks which are] watered from the Waikari River. BUILDINGS Modem Bungalow Homestead] of 5 main rooms including 3‘ bedrooms, large lounge, kit-] chen with every modern con-i venience, including electric light, dual hot water electric! range, and Aga Cooker. Bathroom with toilet, and laundry. All bedrooms have large built-in wardrobes, is tastefully papered. Water supply ex deep well and electric pump. OUT-BUILDINGS Shearing shed 2 stand, holds 150 sheep, with tool shed at-i tached. Implement shed, stable used as implement shed with leanto, sheep yards and dip, 2 hay barns, and hay shed. LOT 2: 378 acres of good sheep cropping and grazing land situated 3 miles from Home-; stead Block, North of the Scargill Township on the Wai-: kari-Scargill Valley road, is flat and undulating with approximately 50 acres tussock.* balance ploughable and is. subdivided into 9 paddocks by post and wire fences, is well watered by creek, nat-i ural springs and troughs. 20 acres Chou Moellier, bal-i ance grass and clover pas-] ture. • | Buildings comprise sheep' yards and spray dip. STOCK 1500 2,4, 6 and 8-tooth Corriedale Ewes 220 Ewe Hoggets 30 Rams. Average lambing 120 per cent. AUCTIONEERS NOTE This property has been farmed by the present ven- i dor for over 52 years and is only being offered for sale on account of owner retiring from farming. The farm] has been very carefully hus-] banded and no wheat has been grown for over 30. years. An efficient liming and top-dressing programme! has been carried out and with an understocked sheep programme the land has attained a high fertility, and produces the best of stock and wool.. The Homestead is practically new and has every modern convenience, with an adequate range of outbuildings in good order. Good access, tar-sealed road , from Christchurch and handy: to Township. The property will be offered firstly as a whole and if not sold will be offered in two lots. LOT 1 Homestead of 401 acres LOT 2 378 acres, no buildings. TERMS To an approved purchaser, the vendors will leave 50 per cent of purchase money on first mortgage for a term of 5 years at 5J per cent, per annum. For further details and arrangements to inspect apply:— PYNE I , GOULD, GUINNESS LTD.! NATIONAL MORTGAGE AND AGENCY CO. OF N.Z. LTD., i and H. MATSON and CO. Auctioneers in Conjunction, Christchurch .and Branches. LANE. NEAVE and WANKLYN, Solicitors, Christchurch.

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