Page 56 Advertisements Column 1

Press, 26 May 1984, Page 56

Auctions PUBLIC AUCTION CROPPING AND FATTENING PROPERTY “KARU” 409.347 HECTARES FREEHOLD (2 TITLES) MOTUNAU ACCOUNT HON. H. L. PICKERING who is retiring from farming TO BE OFFERED IN DALGETY CROWN LIMITED LAND SALES ROOMS 193 CASHEL STREET, CHRISTCHURCH ON THURSDAY JULY 12, 1984 at 2.30 p.m. SITUATION: Overlooking the sea near Motunau Island, 104 km from Christchurch and 24km from modern amenities at Greta Valley. Mild winter with average rainfall of 43.35 inches for last 10 years. CONTOUR: Flat to gentle rolling downs with some gullies of native bush. Arable area of 769 acres has produced good yields of wheat, barley or fattening feed for cattle; now all in permanent pasture. STOCK: At present all Corriedale sheep, including "Karu'’ Stud; total 5470 on March 31, 1984. IMPROVEMENTS: Three good homes with extra guest house at homestead and lawn tennis court in spacious grounds. Three garages, haybarns for 5400 bales, killing house, Header shed, implement sheds, silos and three stand woolshed (600) with tea room, septic tank, sheepyards and cattle yards. Well subdivided into 35 paddocks. Water supplies from Hurunui County Scheme to buildings and troughs; also two creeks full length of farm. OFFERED AS FOLLOWS: Lot 1: The whole property. If not sold as one unit to be offered as under: Lot 2: Farm A, 544 acres with house, garage, haybarn, Header shed, woolshed and yards; Lot 3: Farm B, 468 acres in two titles with house on each, haybarn and implement sheds. Sale of Lots 2 and 3 may be contingent on the sale of each other. STOCK AND PLANT: May be purchased at valuation or by other arrangement. TERMS: Ten per cent deposit plus stamp duty on the fall of the hammer, balance in cash on possession date, August 9, 1984. FINANCE: The vendor is prepared to leave up to 50% of the purchase price of land and buildings on first mortgage at the lower rate of 9% per annum to a purchaser approved prior to Auction. AUCTIONEER’S NOTE: Top prices both for wool and for butcher’s lambs at Addington indicate quality of stock and returns to be expected from this country. Further particulars and arrangements to inspect strictly by appointment with the Auctioneers: DALGETY CROWN LIMITED, M.R.E.I.N.Z. PHONE 798-212 CHRISTCHURCH A.H. J. CHAPMAN 6776 RANGIORA H. MORRISON 588-042 CHRISTCHURCH Vendor’s solicitors: HELMORE, BOWRON & SCOTT, Rangiora.

PUBLIC AUCTION 24 MARANA CRESCENT EXECUTIVE STYLE HOME TO BE HELD IN OUR ROOMS AT 149 MANCHESTER ST, CHRISTCHURCH 2.15 p.m., JUNE 27, 1984. IMMACULATE ARCHITECTURALLY DESIGNED PERMANENT MATERIAL HOME SITED ON 50P FULLY LANDSCAPED SECTION FEATURES INCLUDE: 4 bedrooms, 2 with ensuites. Sep. bathroom, has built in bath, vanity unit, and sep. shower cab. Superb kitchen with eye level oven, wastemaster, large pantry and plenty of bench space. Exciting indoor/outdoor living. Dining and lounge open to sheltered patio, with breathtaking views of the city and sea. New quality carpets and drapes throughout. AUCTIONEERS NOTE: Seldom does a property of this outstanding quality become vailable and we recommend you to inspect at your earliest convenience by contacting auctioneers. M. D. GIERA AND CO PHONE 67-095 or a.h. Margaret Shepard 324-582 SOLICITORS FOR THE VENDOR: Mr French of Godfrey, Godfrey and Duncraft MREINZ IMPORTANT PUBLIC AUCTION NORTH CANTERBURY SHEEP & CROPPING FARM SITUATED AT BENNETTS 100.7667 ha (249 acres) SPECIAL FINANCE TERMS On account of M. & Y. McGoverin To be held on Friday June 8, 1984 at 2.15 p.m. in the Manchester Unity Building, High St, Rangiora SITUATION: Tram Road Extension. Bennetts, 6 miles to Oxford. 15 miles to Rangiora. The property has frontages to Tram Road. Moderates and Steffens Roads. LAND: Freehold, flat free draining Templeton silt loam soils with high yields of wheat and barley crops, 60 to 70 acres per year in crops, balance in grass, clover and winter turnips, land in 6 titles. Well fenced Into 15 paddocks. IMPROVEMENTS: Sound perm. mat. 3 bdrm home in sheltered setting, 2 stand woolshed and granary, loft, new 4 bay implement shed, implement and store shed, garage, fowlhouse, cowshed, haybarn (1500 bales) and good set of Cyclone sheep yards. STOCK: 600 MA Romney ewes plus rams and killers SPECIAL FINANCIAL TERMS; 10% on the foil of the hammer. A further 14% on August 1, 1984, being the possession date. A further 26% on August LJ9BS. Balance of purchase money on Ist mortgage at 11 % p.a. for a period of 4 years with the right of renewal for a further 4 years at the current Ist mortgage interest rates ruling at the time. ORDER OF SALE: The property will be offered firstly as Lot 1. As one unit, should it fail to meet the realistic reserve price it will then be offered as — Lot 2: The homestead block of 64.3450 ha. (159 acres) with all farm buildings; Lot 3: The bare land situated Moderates Road, comprising 36.4217 ha (90 acres). The sale of one block is contingent on the sale of the other. AUCTIONEERS' NOTES: This desirable property has been faithfully farmed by the family since 1922 and has a great potential for increased production with an increased fertiliser application. Diversification into horticultural and dairying is possible on the good type loam soils. Surely the special finance terms and the position and soil type of this property will appeal to a wide cross-section of buyers. „ „ „ , SOLICITORS- Fraser, Venning & Crerar, Rangiora. Inspection strictly by appointment with the auctioneers. GILLMAN REAL ESTATE LTD, AUCTIONEERS M.R.E.1.N.Z., RANGIORA 6811 A.H. Russell Cottam, Oust 838