ASSETS WHICH GROW.
V, MONEY-MAKING 'TREES.
FIVE YEARS' FREE MAINTENANCE.
Investors have been quick to. realise the attractive features of timber-growing as a safe money-maker, . and ' already two big subdivisions at Topuni, North Auckland, have been sold. The third subdivision is now being opened up, and here again the lots are being * rapidly' acquired by large and small, investors. The lots have an area of approximately five acres each, and as these are taken ■ up, they are fully planted with sturdy, quick-growing young trees, and the purchaser thus becomes the owner of a plantation of wonderful prospective value. A most attractive feature is that the small deposit of £10 for.each section secures the freehold of the land and the trees—there is absolute security from the outset. The balance of the pur- # chase money is payable in easy terms over five years—when the last payment is made the trees are well-established and sound, and the plantation is probably worth more than has been paid. Another very important feature "is that throughout the whole of this five-year period the plantation is maintained by the veivaors free of charge, thus assuring that every tree has a good, vigorous start. From that time onwards, the same service can be continued, if desired, by arrangement. With the thinning-out of our natural -forests,, and the ever-increasing -demand tor timber, the value of a plantation '.must increase in value yearly, apart from its natural growth. These lots are ;.. all ad?ac?nt to the North Auckland Trunk railwav line, and also near tidal waters—two powerful factors which still further ensure the value of the timber. - Invest your money in these, timberiand lots. Write or i call for free plans of the subdivisions, and locality map. Inquiry is non-committaj.—Gray nnd Cockroft. Winstone Uuiidisga, Queen Street, Auckland. ' ■*'" -', ■'■. "■ ';"■•'■..✓*'■".. Vv '■' '/: : ' ,:
Permanent link to this item
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Bibliographic details
New Zealand Herald, Volume LX, Issue 18457, 21 July 1923, Page 11
Word Count
297ASSETS WHICH GROW. New Zealand Herald, Volume LX, Issue 18457, 21 July 1923, Page 11
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