Page 8 Advertisements Column 5

Marlborough Express, Volume XLV, Issue 216, 19 September 1911, Page 8

Auctioneers and Land Agents McLAUCHLAN AND CO., REAL ESTATE JGEHTS. CHEAP LAND: SPRESra CKEEK. O|AA DOUBLES IN2OYEARS dwIUU let out on mortgage at 5 per cent, interest. But why wiait "0 i years, or let your money out at inr! terest for others to use and make money, when to-day you can secure 10 Acres 10 20 Acres 20 FIRST-GLASS LAND. About one mile from township of Spring Creek, four miles from Blenheim, in a locality that must go ahead. These "blocks are offered free of all expense of roading and survey £50 per acre. If you will only inspect it you must siay it is cheap iand a great investment, as it has the soil, position, and natural advantages, apart fronv the great future in front of this cfefcrict. It will cost you to buy -

10 Acres £500Say you pay down £150, you can have five years if requiredl at low interest to p&3r the balance. If you j only clear £5 per acre per year off the ■ land! in1 that' period you will tasks* a profit of £250, so that at the end of 5 years the land must be worth £/5 per acre-. You would clear another £250 profit -then, if you save £50 per year out of your income. , .Then at the lend of the five years your £150 will have grown to £900. £150 at 3% Interest. If you let your £150 out-at the above interest it would only increase in 5 years by £26. So, which will you have, '. , . . £116 or £900? You own a house tind'half-acre near town costing £500, which you get no return, but a dead loss of £26 per year in interest . alone. Then why not own 10 acres for £500, and have your own 4 horse and! buggy, cows, pigs, poultry, vegetables, and fruit, and still have 5 acre^i Hot an ordiaid or to grow clover seed or lucerne on. For a] Speculation It is very cheap, as good lai^t is 'limited here e-nd must rise. We can show you farms which are not for sale at £60 per acre, and if they were cut up you could not buy 10 acres under j £80, owing to th© loss in reading and | expense of metalling, grading, etc. ' ;W Proof 0! Value. We guarantee to find tenants *o lease 10 acres or 2d xiacre blocks of this land at £2 10s per acre for a period of not less than, 4 years. Thus you can secure a block to-day of this landl very cheap, on easy terms, with a guarantee of 5 per^cejtit. interest oh the buying price. After 31st Marcb The price, if any blocks are left, must be risen, or any day before if the two large estate® that are proposed to be put on the market are thrown open. MAYEIELD. QUARTER-ACRES are the best in the marelct for soil, position, and future, as the town musft grow towardb Farnhlam. The sections on the top road are four and five feet above Market: Square. Two nevr houses already built, and six more to be built shortly. Terms, £5 deposit and £5 every, six months, or easier if desired. Pay down £20 arid you can build your house

FABNHAM. Only a few half-acres and1 acres le'ffc Three more good houses to be built. Very easiest of terms given, as the prosperity of this suburb is assured. Some three years ago we advertised £10,000 would be spent on houeesi at Earnham; to-day our advertisement has oome true. Yet it has only started to grow. £10 Deposit Will secure any one of six new fiv> roomed' houses built to your own plan on J-aere section. TO LET OR FOR SALE, Large 10-ropmed house, with every convenience, in good1 order, on f-acre block, with orchard in the best part of Maxwell Road. Purchase price very low to good man. BEFORE BUYING Call and see what properties we have for sale, such .as 3 and 5 acres1 ut Redwoodtown, Springknds, and Raversdale. Our terms to buyers may bo equalled, but -cannot be beaten. IcLaucMaii & Co. P-^c 85, Blenheim.