Page 43 Advertisements Column 6

Press, Volume CIX, Issue 32234, 28 February 1970, Page 43

AUCTIONS IMPORTANT LAND AUCTION OF THE WELL KNOWN BANKS PENINSULA SHEEP AND CATTLE GRAZING PROPERTY. “KINLOCH” LITTLE RIVER ' 2484 ACRES CARRYING 3050 SHEEP 403 CATTLE FOR SALE BY PUBLIC AUCTION IN NMA COMPANY OF NEW ZEALAND, LTD, LAND SALES ROOM 187 CASHEL STREET, CHRISTCHURCH, ON FRIDAY, APRIL 24, 1970, at 2.30 p.m. NMA COMPANY OF NEW ZEALAND, LIMITED HAVE RECEIVED INSTRUCTIONS FROM THE OWNERS TO OFFER FOR SALE BY PUBLIC AUCTION AT THE ABOVE TIME AND PLACE THIS WELL KNOWN PENINSULA PROPERTY. TENURE 2463 acres 1 rood 7.6 perches Freehold. 20 acres 2 roods 33.0 perches Leasehold. 2484-0-0.6 Total Area. SITUATION “KINLOCH” is situated 1 mile from Little River township, and 35 miles from Christchurch, by sealed highway. Primary school at Little River and District High School at Lincoln (school bus). LAND “KINLOCH” enjoys a 35in-45in rainfall. It ranges in altitude from sea level to approximately 2200 ft. There are 175 acres of fertile freedraining flats and easy downs. The remaining area comprises mainly warm northerly lying faces, and a good balance of clean southerly lying tussock faces. A well-maintained county road runs practically the entire length of the top boundary of the property. SUBDIVISION AND WATER There are eight tussock hill blocks and fourteen paddocks, all of which are well fenced. Springs and creeks throughout the property provide adequate stock water for present and future requirements. PLANTATIONS 70 acres of Pinus Radiata have been planted and maintained under the Farm Forestry Scheme. The timber stands are from five years to twenty years old and will be of considerable economic benefit to the purchaser in years to come. STOCK (approximate delivery numbers) Sheep 1950 Romney Ewes. 800 Ewe Hoggets. 150 Wether Hoggets. 150 Rams, Killers, etc. 3050 Total Sheep. Cattle 250 Hereford Cows. 56 M.S. 20 month Herefords. 15 2)-year Hereford Steers. 75 Hereford heifer calves. 7 Mixed age Bulls. 403 Total Cattle. Over latter years “KINLOCH" surplus stock have commanded keen competition at the Addington Market. The fertile flats and warm sheltered hill basins offer scope for increased emphasis on fattening on the property. PLANT There is an adequate range of well maintained plant available to the purchaser. STOCK AND PLANT ARE TO BE TAKEN BY THE PURCHASER AT VALUATION. BUILDINGS HOMESTEAD Weatherboard iron roof two-storey homestead, soundly constructed and well maintained. Ten bedrooms, drawing room, dining room, smoking room, billiard room, office, kitchen, bathrooms, toilets and washrooms, motor garage attached. This fine homestead is set in beautiful terraced gardens and lawns surrounded by magnificent trees. A swimming pool, tennis court and croquet lawn are laid out within the delightful surroundings. OTHER BUILDINGS Four bedroom manager’s cottage, in warm sunny position and with all modern conveniences. Two three bedroom shepherds’ cottages. Three stand woolshed, implement sheds, storesheds, loose boxes, shearers’ quarters, haybarn, killing shed, skin shed, cattle yards including loading yard and race. Sheep yards, swim dip. Dog motels. FINANCE TO AN APPROVED PURCHASER THE VENDORS ARE PREPARED TO ADVANCE UP TO 60 PER CENT OF THE PURCHASE PRICE OF THE LAND ON FIRST MORTGAGE AT 7 PER CENT INTEREST RATE. TERMS OF SALE 10 per cent of the purchase price plus stamp duty on the fall of the hammer. Balance cash on the date of possession which shall be on July 3, 1970. AUCTIONEER’S NOTE The public auction of “KINLOCH" places on the market one of the most appealing of the Banks Peninsula grazing properties. “KINLOCH” was first taken up by Hugh Buchanan in 1851 and it has remained in the Buchanan family ever, since. Once famous for its racing stud “KINLOCH” is now highly regarded for the quality of its sale sheep and cattle. In addition to enjoying a well distributed rainfall, the property is exceptionally well endowed with fertile flats and a desirable balance of summer and winter tussock country. Stocking has been conservative and whilst immediate good returns are available there is still considerable potential yet to be realised. The Homestead, laid out within the delightful surrounds, which provide one of the finest settings for a home in Canterbury, possesses character in keeping with the property. We believe that “KINLOCH” will appeal to those purchasers seeking a well balanced tussock unit with a full and adequate range of improvements and yet capable of further development. BROCHURES, PLANS, AND CONDITIONS OF SALE AVAILABLE FROM THE AUCTIONEERS WITH V WHOM INSPECTION IS STRICTLY BY APPOINTMENT ONLY. NMA ‘COMPANY OF NEW ZEALAND, LTD, 187-189 Cashel Street, Christchurch. Phone 69-359. M.R.E.I.N.Z. Solicitors to the Vendors: Messrs Duncan Cotterill and Co., Christchurch. Messrs Joynt Andrews Cottrell and Dawson, Christchurch.