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sections would be an admirable investment for any working man. IV. THE CORPORATION POETION OF THE TOWN OF CHELTENHAM, comprising 89 town and 5 suburban sections. This is a reserved 'block on the Kimbolton Koad, on the boundaries of the Manchester and Kiwitea Blocks. It is about eight miles from Feilding. The town sections mostly front on the Kimbolton Road, which is the main road from Feilding to the interior, and is made and metalled from Feilding through this town, and some miles beyond. The town sections now offered are quite equal, if not superior, in position to those which at the sale of the other part of the town a week ago realised from £30 to £120 the quarter acre. On the suburban Beotions which lie along the Kiwitea Stream are to be found some of the finest clumps of totara in the country. One Urge sawmill is now being erected two miles north of this town, and Cheltenham must be the centre of a large timber trade, which the extension of the Kimbolton Road is rapidly developing. V. THE VILLAGE OF STANWAY. The village comprises 24 small sections. It is situated at the junction of the Stanway and Makino roads, two of the main metalled roads on the Manchester Block. The whole of the country round this village being ooenpied, an opportunity is offered by the subdivision and sale of this reserve for the saw-mill or other laborers about to make a convenient freehold home for themselves. The land is clear of bush, and as the village of Stanway is at the junction of three metalled roads leading to Halcombe, Feilding, and Marton, it is a favorable situation for a store, a blacksmith's shop, a carpenter, and a few other tradesmen. PLANS of the several Blocks may be obtained from Mr. C. P. POWLES, Hunter-street, Wellington ; or, if applied for by post or telegraph, to Messrs. HALCOMBE and SHERWILL, Feilding, will be forwarded by first post, free, to any part of the colony. TERMS OF SALE :— 1. CASH — By which is meant a deposit of 10 per cent on fall of the hammer, the balance payable at any time within twelve months, and bearing interest meanwhile at 7 per cent j but no interest will be charged if the {balance is paid within six months. 2. DEFERRED PAYMENT.-Most of the rural land, excepting some special timber blocks and some of the larger suburban blocks, may be taken up by the purchaser on deferred payments, in the form of lease, with right to purchase. The terms will be 25 per cent, added to the price bid at auction, and payable on 30fch June, 1884, or at any previous time, and meanwhile bearing a rental at the rate of 5 per cent, on the purchase money, the rental being payable half-yearly in advance. For example, a block for which a cash price of £4 per acre is bid at auction, the deferred payment price will be £5 per acre, payable on 30th June, 1884; the rental 5s per acre, of which 2s 6d must be paid at the fall of the hammer. All Titles are under the Land Transfer Act, and can be given within a week after the payment of the purchase money. The Auctioneers can confidently recommend the above Lands, or any of them, as certain to be profitable investments. The character of the Corporation colonising arrangements are now sufficiently well known to be a guarantee to purchasers that all the country in their neighborhood will be thoroughly opened by roads, and bona fide settlement promoted in every possible way. The lands now newly opened and offered for sale are quite equal in position and quality to any other part of the Feilding Block, and there can be no reasonable doubt that the same -rapid and successful settlement will take place on this part of the block as has resulted from the Corporation operations at Feilding and Halcombe. Efforts will be made to arrange with the railway authorities for special facilities being offered to purchasers from Wanganui and intermediate stations on the day of Bale. For the week before the sale one or two coaches will run daily from Feilding to Ashhurst by the new road, and also to Cheltenham, and every facility will be afforded to intending purchasers to visit and inspect the different blocks. A Special Train will run from Wanganui to Feilding on the 26th March, leaving Wanganni at 8.30 a.m. ; Marton, 10.30 ; Greatford, 10.45 ; Halcombe, 11.5 ; and arriving at Feilding at 11.25. Tickets will be issued by this train at single fares, and will be available for the return journey up to and inclusive of Saturday, 29th March.

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https://paperspast.natlib.govt.nz/newspapers/EP18790319.2.24.5

Bibliographic details

Evening Post, Volume XVII, Issue 372, 19 March 1879, Page 4

Word Count
784

Page 4 Advertisements Column 5 Evening Post, Volume XVII, Issue 372, 19 March 1879, Page 4

Page 4 Advertisements Column 5 Evening Post, Volume XVII, Issue 372, 19 March 1879, Page 4

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