Page 52 Advertisements Column 2

Press, 9 May 1981, Page 52

I Auctions i I fiMn L”— ! m r e i m z PUBLIC AUCTION NORTH CANTERBURY Desirable Farm Property f BALMORAL 330.223 HECTARES (816 ACRES) ON ACCOUNT OF J. A. FORRESTER, ESQ, , “FLAXDOWN” TO BE OFFERED IN OUR LAND AUCTION ROOM CASHEL STREET, CHRISTCHURCH ; ON THURSDAY, MAY 28, 1981 I AT 2.30 P.M. ; SITUATION: On Tekoa Road, 15 miles Culverden ■ and 63 miles Christchurch by bitumen road. ■ SOIL TYPE: A good balance'of Temuka, Balmoral I and Okuku soils with Hurunui complex on hill block. ; RAINFALL-ELEVATION-CONTOUR: Annual average over 43in. Homestead 1050 ft ASL with variations from 975 ft to 1500 ft ASL. Flat but with very gentle slopes with exception of approx. 90 acres easy hill. SUBDIVISION-WATER-SHELTER: 2 small hill blocks, 19 main paddocks by post, standard and wire fences; all watered by natural streams and troughs from 25ft well at homestead; mature shelter belts of millable timber. COVER: 50 acres turnips, kale and young grass, 36 acres 2-year Mont. Red Clover, 19 acres stubble, 90 acres tussock, balance pasture from 3 years to older. STOCK CARRIED: 1800 Corriedale ewes, 600 ewe hoggets, rams, etc, and available for purchase at valuation by purchaser. QUARRY: 2 small quarries return a royalty on a per tonne basis paid to the vendor by the lessee. IMPROVEMENTS: Soundly constructed 4 bedroomed weatherboard 1680 sq. ft homestead in well sheltered setting of mature trees. Farm buildings include 3-stand woolshed, 6-bay (1800 sq. ft) implement shed (10 years), 2 good haybarns (4000), workshop, garage, shearers’ quarters. POSSESSION DATE: July 10, 1981. FINANCE: Our vendor is prepared to leave up to 50 per cent of the purchase price on first mortgage to a purchaser approved prior to the auction. Term 3 years with interest at 15 per cent reducible to 13 per cent for prompt payment, with a right of renewal for a further term of 3 years, but with a review of interest rate. AUCTIONEER’S NOTE: “Flaxdown,” a freehold property which has been farmed by the Forrester family for over 50 years, is an excellent and extensive well balanced unit situated in an extremely high rainfall area. Excellent yields of grain crops have been produced in past years. Considerable potential is awaiting to be tapped with further subdivision, topdressing and pasture improvement. 4000 stock units would be a realistic target in a very minimum of time. Then further extensive development with irrigation is a distinct possibility. We can thoroughly recommend “Flaxdown” to all those searching for the opportunity to purchase a substantial property capable of being developed primarily from income. SOLICITOR TO THE VENDOR: Mr G. Rountree of Rhodes and Co, 135 Hereford Street, Christchurch. INSPECTION: Strictly by appointment with the auctioneers only. Folio C 665. CONDITIONS OF SALE: Will be obtainable from either the vendor’s solicitors or the auctioneers. Real Estate Department, N.Z. FARMERS’ CO-OP. ASSOCIATION CANTY, LTD, Private Bag, Christchurch. Phone 795-040. A.H. D. J. Selby 583-754 or G. S. Hay 588-723.

0 i ■■■■■ ■ 11 ' WlMmreinz ; PRELIMINARY NOT'CE DOMETT FARMLET 10.2790 HECTARES (25 acres On Account: ’ MR. and MRS R. J. SLOSS In our Land Sales Room, Cashel Street, Christchurch ON THURSDAY. JUNE 11, 1981 at 2.30 p.m. Fulls details next Saturday N.Z. FARMERS’ CO-OP ASSN Christchurch 795-040 I PUBLIC AUCTION 3 BEDROOM COUNTRY RES'C'ENCE, • OUST ON 2.4888 H.l (Approx. 6.1 acres) ON BEHALF DISTRICT PUBLIC TRUSTEE FOR THE ESTATE M. R. ASCHEN. TO DE SOLD BY PUBLIC AUCTION . AT 2 P.M. ON MAY 27, 1981 AT OUR RANGIORA OFFICE ' AUCTIONEER’S NOTE: i An extremely attractive, (country residence built of : concrete block, timber, with I iron roof set on 2.4838 hectares (approx. 6.1 acres) on ■ the edge of Cust township, i Approx. 50 kilometres from ■: Christchurch City and 20 kiloI metres by scaled highway I from Rangiora township. There are 3 double bedi rooms, kitchen with both elcc- ' trie and diesel range cooking ! facilities. Separate dining ■ area with open fire and Jiving ; room with open fire. Bathjroom with b.i.b.. w.c., and '(vanity unit and laundry has (Separate shower, basin and j wash tub, drying cupboard Hand w.c. II Garage with internal access to house plus separate garage and woolshed. Water by well and county race. An excellent small holding with modern improvements which must command the interest of any discerning buyer. 50 per cent finance to approved purchaser. For further particulars contact:— WRIGHTSON NMA, LTD, MREINZ i CHRISTCHURCH OR RANGIORA. I Wrightson I M-t'N.! '.WjHTSC* 1 | L REALESTATE jl