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[ New Advertisements, I SATURDAY, Bth FEBRUARY, At 12 o'clock. IMPORTANT SALE OF AGRICULTURAL FARMS. r TOKOMAIRIRO DISTRICT. UNPRECEDENTfiDLY EASY TERMS. ! Small deposit in Cash ; balance up to 21 YEARS AT 5 PER CENT. PER ANNUM for i first 3 years, and 8 per cent, afterwards. Iyj~ ACLEAN BROTH BUS (in conjunction with Mr Henry Driver), instructed by Frederick Wayne, Esq., of Akatore, will submit to auction, at Watson's Rooms, High-street, on the above date, One-half of his AKATORE ESTATE, Consisting of 22 farms, varying in extent FROM 50 ACRES TO "550 ACRES EACH. This property is one of the choicest oh the coast-line of Otago, the soil being of excellent quality, and the climate all that can be desired for the growth of cereals, root crops, or English grasses. A large portion of the land to be sold is at present under crop, and intending investors are respectfully requested to pay an early visit of inspection. The situation is very convenient, being from six to ten miles off the Milton railway station. The exposure is really good, and no part of the property has e\'er been affected either by floods or droughts. Crops of all descriptions have been groAvn with tlie greatest success, and, as regards yield per acre, comparing favourably with that of "any other district in the South. THE TERMS OF PAYMENT fixed by the proprietor are a convincing proof of his estimate of the values and capabilities of the farrtis. One-fourth cash, the bal'ahcefn mortgage for a term of years at "5 PER CENT. for first 3 years, and 8 per cent, afterwards. Or the purchaser of any farm may, if he desires, convert the purchase into a LEASE FOR TWENTY-ONE YEARS, with purchasing clause, at 3, 7, 14, and 21 years, at a rental of 5 per cent, on the purchase "money for first 3 years, and 8 per cent, afterwards. Mr Wayne, who desires to proceed to Europe, has had the various farms valued by Mr Henry Driver and Mr John Mac- ! lean, to whose judgment he has left the I fixing of Upset prices. Intending purchasers may therefore rely upon it that fair and reasonable values will be accepted. Plans and conditions of "sale and. lease may be seen at the Offices of MACLEAN BROTHERS, Or, Dunedin and Balclutha' ; HENRY DRIVER, 2 Bond-street. npOTARA ESTATE, NEAR OAMARU. ! PRELIMINARY NOTICE. The New Zealand and Australian Land Company wiil offer at public auction, in Oamaru, about the middle of March, 6000 ACRES of this celebrated, property, subdivided into Farms, and on easy terms of payment. Date of sale, and full particulars will be ! advertised shortly. 946 ( _ At? AR M FOR SAL E. For sale by "private treaty the Farm of Hillside, Warepa, extending to about 170 acres. The whole, is divided into suitable sized paddocks, is partly broken tip ahd under *cr6p and grass, the fences being, sheep proof. A small [portion is Bush, and lies alongside the Warepa Government bush. For furfcher information apply to ! JAMES AYSON, " 1* Warepa.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CL18790117.2.11.2

Bibliographic details

Clutha Leader, Volume V, Issue 236, 17 January 1879, Page 4

Word Count
504

Page 4 Advertisements Column 2 Clutha Leader, Volume V, Issue 236, 17 January 1879, Page 4

Page 4 Advertisements Column 2 Clutha Leader, Volume V, Issue 236, 17 January 1879, Page 4

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