Page 68 Advertisements Column 2

Press, 23 November 1988, Page 68

Farms for Sale HORORATA, bare land. Excellent soil type. Suit horticultural use. 20 ha (50 acres) plus approx. 20 acres accretion. Approx. $lO,OOO standing. Firewood also included. Realistically priced. Mike Limmer, Hornby Real Estate, Ltd, MREINZ. Phone 498-325, a.h. 429-521. LADBROOKS, 47 acres. Prime land, excel, location, artesian water supply, excel, investment, $140,000. Ph. 667297 John Connelly, a.h. 229334, D.J. Visser, MREINZ. LEESTON, 50 acres. Hay shed. Well. Under ground irrigation. $77,000 represents excel, buying. Ph. 667-297 John Connelly, a.h. 229-334, D.J. Visser, MREINZ. LITTLE RIVER: New listing. 5 acres. 3 paddocks. Hay barn. Handy township. Price: $35,000. Pyne, Gould, Guinness Real Estate, ph. 798-600 a.h. Tom Williams 227-528, MREINZ. SALE OF FREEHOLD AND LEASEHOLD LAND BY TENDER Situated at Cass/Arthur’s Pass, Canterbury GRASMERE STATION As Mortgagee in exercise of the power of sale contained in Memorandum of Mortgage registered in the Land Registry Office at Christchurch under Number 728699.3 Registered Securities Limited (Provisional Liquidator Appointed) offers for sale by tender Grasmere Station. The property consists of: FIRST an estate in fee simple in 391.2526 hectares being all the land contained in Certificate of Title Volume 9 F Folio 542 (Canterbury Registry). AND SECONDLY an estate of leasehold under Lease number 275723/1 (Canterbury Registry) in 5314.33 hectares being part of the land contained In Certificate of Title Volume 288 Folio 68 and Certificate of Title Volume 476 Folio 66 (Canterbury Registry). Particulars and Conditions of Tender may be inspected at the offices of Messrs. Bell Gully Buddle Weir, Solicitors for the Mortgagee, Bth Floor, ASB Building, Corner Queen and Wellesley Streets, Auckland (Mr Harris), or at the offices of Elders Pastoral Limited, 121 Blenheim Road, Christchurch (Mr Cameron), during office hours, prior to the closing of tenders. Tenders close on the 16th day of December, 1988. GRASMERE STATION is an attractive Canterbury high country property consisting of 391.2526 hectares Freehold and 5314.33 hectares University of Canterbury Leasehold located on State Highway 73, approximately 125 kilometres north west of Christchurch and approximately 32 kilometres south east of Arthur’s Pass and adjoining the village of Cass. The main West Coast to Christchurch Railway runs through the property. The boundaries of the property are defined by the Cass River to the west, Lake Pearson plus good fencing with the adjoining neighbours to the east, mountain ranges to the south and the Walmakariri River to the north. The property is in sound heart with well maintained native tussock cover on the hill blocks with a considerable area of English grasses on the flats adjoining the homestead and buildings plus a Border Dyke Irrigation scheme covering a large area of these flats. Buildings are extensive. The main homestead dates back to 1858 with modern additions blending with the original to form a large comfortable modern home with extensive living, dining and recreational areas, five bedrooms plus usual other amenities. Other buildings consist of a two bedroom permanent material cottage with lounge, kltchen/dlnette, bathroom and washhouse plus attached garage. There is also a 3 bedroom weatherboard cottage with kitchen, living room, lounge and bathroom. The woolshed is 10 stand with a night capacity of 1000 head. Shearers quarters consist of 8 bedrooms plus shower room, bathroom, plus cookhouse and dining room. There are numerous other buildings including a shepherd’s hut, casuals accommodation, implement sheds, truck shed, stables, woolshed. Located on the property and adjoining State Highway 73 is an area of approximately 80 hectares, approved under the Malvern County Council District Scheme for development Into a 200 bed tourist village, including Caravan . Parks, Cabin and Bunk House facilities. Grasmere Station dates back to 1857 and is a pastoral farming unit ideal for running top merino sheep. The main Canterbury Ski Fields are all handily situated, as are Arthur’s Pass National Park and the fishing and boating amenities available on the Walmakarlri River and the adjoining lakes Pearson and Grasmere. This property must appeal to purchasers seeking to buy a property capable not only of above average returns from traditional farming but with extensive diversification potential. For further particulars and arrangements to inspect, please contact: ELDERS PASTORAL, LTD, P.O. BOX 8652, CHRISTCHURCH. PHONE 482-859