Page 58 Advertisements Column 1

Press, 13 February 1982, Page 58

Auctions \ PUBLIC AUCTION Attractive North Canterbury Farm Property "RiKIMARA" NONOTI ROAD, CHEVIOT 94.999 HECTARES (234 acres) LI.P. ON ACCOUNT M. J. & J. M. DOUGLAS TO BE HELD IN OUR LAND SALES ROOM, CASHEL STREET, CHRISTCHURCH ON WEDNESDAY, 10th MARCH, 1982 AT 2.30 p.m. LOCATION: On Nonoti Road 4.0225kms (2'/z miles) from Cheviot township and 117kms (73 miles) from Christchurch. SERVICES: These include — 6 day rural mail delivery, both primary and secondary schooling at Cheviot with school bus at corner I.6km (1 mile). BUILDINGS: The Homestead is an exceptionally attractive weatherboard building containing 3 bedrooms, large sunroom, lounge (with open fire), kitchen/dining area (dual hot water), bathroom, laundry with shower and toilet. With its large area of lawns and mature trees and shrubs, the Homestead is certainly set in an attractive area. FARM BUILDINGS include car shed with lean-to shed, 2 stand woolshed (150 sheep) and sheepyards of which Vi are covered, plunge dip, 3 haysheds, implement shed and 2 loose boxes and dairy. STOCK & PRODUCTION: 1200 Mixed Age ewes are run and all lambs are fattened. This season an extra 550 lambs were bought in for fattening and 4000bales of meadow hay have been made. AUCTIONEERS NOTE: "Rikimara" represents an outstanding opportunity to purchase a high producing small unit which is well fenced into 29 paddocks giving excellent control of pasture growth. Here is a property with wide appeal which is for genuine sale as the Vendors have been successful in a farm ballot offered by the Government's Farm Settlement Scheme. The 234 acres of rolling downs are healthy stock country, in good heart, from which excellent drafts of fat lambs are taken. We, the Auctioneers, have every confidence in recommending this property for an early inspection. POSSESSION: 25th March, 1982. SOLICITORS FOR THE VENDORS: Izard and Loughnan, 39 Latimer Square, Christchurch. CONDITIONS OF SALE: Will be available from the Vendors' Solicitors or the Auctioneers. INSPECTION: Strictly by appointment with the Auctioneers only. Folio CR7O3. Real Estate Department, THE N.Z. FARMERS' CO-OP ASSN LTD. Christchurch. Phone 795-040 A.H. Geoff Hay 588-723 [SHUHISsHIBERTSBJII AUCTIONEERS MREINZ CHRISTCHURCH CENTRAL CITY COMMERCIAL BLOCK zoned C. 5 jMi! JsS comprising three properties fully tenanted, in excellent maintenance and corner fronting to CASHEL STREET and MANCHESTER STREET to be sold in 2 lots BY PUBLIC AUCTION for THE CHURCH PROPERTY TRUSTEES having held this block since 1935, now transferring equity to the already commenced redevelopment of their Colombo/Gloucester Streets site FRIDAY 26 FEBRUARY, 1982 at 2.30 p.m. in our rooms, Epworth Chambers, 176 Hereford St, Christchurch WITH AVAILABLE TERMS OF CONVENIENCE 10% on fall of hammer 20% on possession (one month) Balance one year from auction date at 12% p.a. COMBINED GOVT. VAL. $568,500 COMBINED RENTAL (N) $56,265 COMBINED LAND AREA 13435 q m. (51.3 p. . COMBINED FRONTAGEMANCHESTER ST. 64m. Leases virtually common expiry date — 3 year review First offered: DUNCAN'S BLD. (corner lot) and JACKSON'S BLD. Combined frontage Cashel St 20m Combined frontage Manchester St 48m Combined Rental (N) • Combined Govt. Vai. ' Combined Area 1028m2(40.6p.) Second offered: DUDLEY BLD Frontage Depth 2 °m S’™' Area 316sqm. (12.5 p. THE SITUATION: growth value potential assured by the central city location? adjoining new parking building and soon to benefit from the city's projected Cashel St. Shopnina Mali due for completion July, 1982. A sound current investment and in the long term a redevelopment site of immense potential. We cordially invite your enquiry for further details. SHERRIS & ROBERTSON LTD The Auctioneers, 176 Hereford St, Box 439, Phone 792-120 Vendors Solicitors: JOYNT ANDREWS COTTREIX&OAWSON_