Page 21 Advertisements Column 10

Press, Volume CXV, Issue 34012, 28 November 1975, Page 21

Auctions fwh IMPORTANT LAND AUCTION IMPORTANT LAND AUCTION "VALHALLA FARMS, LTD” DESIRABLE STUD CATTLE. SHEEP GRAZING AND FATTENING PROPERTY SITUATED AT CRAIGMORF DOWNS, 20 MILES FROM TIMARU TO BE HELD IN OUR REAL ESTATE AUCTION ROOM — ON — Wednesday, February 25,1976, at 2 p.m. COMPRISING 249.56 hectares (616 acres) Freehold. and 80.84 hectares (199 acres) Crown Renew able Lease; totalling 330.4 hectares (816 acres), tn gether with a full complement of buildings. Wrightson NMA, Limited, have been fat cured with instructions from Mr E. W Hall to offer for sale by Public Auction his most desirable property. SITUATION: Craigmore Downs. 20 miles from Timaru, 17 miles to freezing works. Primary school bus and daily mail at gate, and bus for secondary school to Timaru. PASTURES AND STATE OF DEVELOPMENT: 14.17 hectares (35 acres) in Italian and Turnips. 16.19 hectares (40 acres) in new grass. 8.00 hectares (20 acres) in Turnips and grass. Balance 1-8-year pastures in excellent heart. HOMESTEAD: Set in attractive English trees and shrubs, the Homestead comprises a large lounge (30 x 15) with feature stone fireplace, four bedrooms, sunroom, kitchen-living area. (Total area 1650 sq. ft.) Adjoining the Homestead is a double garage, approximately 24 x 21. OTHER BUILDINGS: Wooden 3-bedroomed married couple’s cottage, 2-stand shearing shed (48 x 34; 250 woollies), 5-bay implement shed (75 x 31), 1 haybam (30 x 25), 2 haybarns (75 x 25), granary, large sheep yards. 1 medium set of cattle yards with walk through shower, 1 large set of cattle yards with new scales, etc. SUBDIVISION AND WATER SUPPLY: Well subdivided into 38 paddocks by good post and wire fences. Adequate water supply reticulated throughout, and a District Water Scheme is scheduled to be conected in Autumn, 1976. STOCK: At present running 1000 sheep. 220 stud cows, and yearling bulls and heifers, and 2-year bulls and heifers. Carying capacity is estimated at 3000 ewes and replacements, plus up to 100 cows, should any purchaser elect not to continue as a stud property. FINANCE: To an approved purchaser, our Vendor will leave up to 50 per cent of the purchase price on first mortgage. Approval for the Vendor’s first mortgage finance must be arranged before the auction date. TERMS: 10 per cent deposit and Stamp Duty payable on the fall of the hammer. Balance in cash on date of possession. POSSESSION: Autumn. 1976. Date to be confirmed. VENDOR’S SOLICITOR: Mr J. Stubbs, C/- Walton and Stubbs. Timaru. AUCTIONEERS COMMENTS: This property' is well known to both South Island and North Island farmers, as it has been run very successfully as the “Valhalla” Hereford Stud for many years. Contour consists in the main of gentle downs, which are warm lying and are all wheel tractor country, rainfall being approximately 30 inches. The Vendor has farmed the property care fully for the past 32 years with negligible areas of crop, so any prospective purchaser can be assured that the farm is in great heart. The property is situated in a district renowned for stock health, and in an established area where very few sales have been recorded over the years, as they just do not come on the markt. The property shall be auctioned as one unit, but if it fails to reach the Vendor’s reserve it shall be re-offered in three lots as follows: LOT 1: LEASEHOLD HOME BLOCK, 80 84 hect ares (199 acres). Rental $131.40 (11 years to run). Rates $185.69. Buildings on Lot 1 comprise 2-stand shearing shed (250 woollies), implement shed 75 x 31 (5 bays), haybam (30 x 25). large sheepyards and shower dip, cattle yards and walk through shower. LOT 2: 169.09 hectares (417 acres) Freehold. Rates $434-03. Buildings on Lot 2 consist of Married Couple’s Cottage comprising 2 bedrooms, large sunroom, lounge, kitchen. 2 havbarns (75 x 25), Granary, and a large new set of cattle yards. LOT 3: 80.47 hectares (198 acres) Freehold. Rates $192.90. The sale of the above three lots individually is conditional upon all three Jots being sold. For further particulars and arrangements to inspect, contact the Auctioneers: MESSRS WRIGHTSON NMA, LIMITED, TIMARU AND BRANCHES, M.R.E.I.N.Z.

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