ASSETS WHICH GROW.

New Zealand Herald, Volume LX, Issue 18457, 21 July 1923, Page 11

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 '■' '/: : ' ,: