Page 45 Advertisements Column 6

Press, Volume CIX, Issue 32222, 14 February 1970, Page 45

ASHBURTON SALES m (g) IMPORTANT LAND AUCTION REALISATION OF OUTSTANDING MID-CANTERBURY PROPERTY KNOWN AS SELMA ESTATE, LTD 1776 ACRES FREEHOLD FOR SALE BY PUBLIC AUCTION IN THE R.S.A HALL. WEST STREET, ASHBURTON. ON FRIDAY. FEBRUARY 20. AT 2 30 P M NMA Co. of N.Z., Limited, in conjunction with Pyne, Gould, Guinness Limited, have received instructions to offer for sale by public auction as above, the well known arable sheep and fat lamb property of: SELMA ESTATE, LTD COMPRISING 1776 ACRES AND 2 ROODS OF FREEHOLD LAND situated in the Newlands-Pendarves area only 10 miles from Ashburton, 5* miles from Cbertsey Bounded by Chertsey Road. Christys Road, and Winters Road BUILDINGS: Homestead: 4 bedroomed, kauri dwelling, with lounge, living room, kitchen, pantry, storeroom, etc., 2500 gallon underground tank, garages, outbuildings, etc Cottage No. 1: 3 bedroom modernised cottage, large kitchen/living room, bathroom, etc., septic tank, dual hot water, new garage, etc. Cottage No. 2: 3 bedrooms, lounge, large modernised kitchen, all conveniences. 2-stand woolshed (holds 280 ewes). 2 haybarns (hold 5000 bales). Tractor and implement sheds. Sheepyards. Sheep dip and yards LAND UTILISATION. It is proposed that at the time of sale, the property will be sown in 136 acres turnips and Italian, 235 acres new grass, 36 acres lucerne, with 133 acres fallowed. Balance in 3 to 9 year pasture, plus plantations, yards, etc. SUBDIVISIONS, WATER SUPPLY, SHELTER: The property is subdivided into 44 paddocks with good post and wire fences and some gorse hedges. The property is well provided with established shelter. County stock water races ensure ample supply to all paddocks. STOCK CARRIED. 3600 J-bred ewes. 820 ewe hoggets. 79 rams. 80 wethers SHOULD THE PROPERTY NOT BE SOLD AS ONE BLOCK IT WILL BE OFFERED IN THREE UNITS. BLOCK I —Comprising 589 acres, 0 roods. 10 perches. Buildings include the homestead, cottage No 1, woolshed, yards, one baybarn (2000 bales), implement sheds, with various outbuildings, dip. etc. Consisting of 16 paddocks, 30 acres turnips and Italian. 50 acres new grass. 48 acres fallow, balance good pasture, plus plantations, buildings, etc. BLOCK 11—Comprising 609 acres, 1 rood. 10 perches Buildings include cottage No 2, various outbuildings, steel haybam (3000 bales) Consisting of 14 paddocks. 40 acres turnips and Italian, 69 acres of new grass after green feed and fallow, 57 acres new grass after wheat. 35 acres fallow, 16 acres grazing lucerne, balance good pasture, plantations, etc. BLOCK lll—Comprising 578 acres, 0 roods, 20 perches. No buildings. Consisting of 15 paddocks, 66 acres of turnips and Italian, 59 acres new grass after wheat, 20 acres lucerne, 50 acres fallowed, balance in pasture, plantations, etc. TERMS: 10 per cent deposit, plus stamp duty on the fall of the hammer. Balance in cash on date of possession. FINANCE: The vendors ate prepared to advance up to 50 per cent of the purchase price of the land on first mortgage at the current rate of interest, to an approved purchaser. POSSESSION: March 23, 1970. SOLICITORS FOR THE VENDORS: Messrs Meares, Williams, Holmes and Booker, 77 Hereford Street, Christchurch. AUCTIONEERS' NOTE: Selma Estate, Ltd, has been conservatively farmed by the vendors for the last 40 years, and is widely known as a first-class fattening property. With a 27-inch average rainfall it is some of the best early sheep country in Canterbury Very little use has been made of super topdressing but with increased use the carrying capacity could be substantially increased 150 acres of wheat have been grown annually, with good results. First-class shelter is provided by numerous belts of. trees The fencing and stock water supply are excellent. County roads surround the whole property This is a unique opportunity to obtain such a property in a sought after area and we would thoroughly recommend inspection. Brochures and further details available from either of the joint auctioneers. Inspection strictly by appointment with the auctioneers only. NMA CO. OF N.Z., LIMITED, ASHBURTON AND BRANCHES. Phone 7199. After hours: D. W. Groves 5644. PYNE'. GOULD, GUINNESS LIMITED, ASHBURTON AND BRANCHES. Phone 4089. After hours: G. A. Clarke 7942. M.R.E.I.N.Z.

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