A SPLENDID INVESTMENT AJVfI AGUES, 1 mil© from Otaki rail--4 v way station. An ideal farm for Wellington milk supply, with a sure demand for all milk produced at an average of over 6d per gallon; 40 acres are let to market gardeners, producing JS2I2 10s per annum for a term of about four years, Kent paid quarterly in advance[Anottior to acres can readily be let for • the same purpose ar a rental of £6 per acre, or v£36o per annum. Those amounts total .£572 10s per annum, and will practically pay the interest on the whole place, and leaves'the purchaser with 370 acres free of interest. There are 4 small clumps of native bush of a permanent nature, which would make grand residential sites, and ar* of great value, owing to the demand for country residences for retired gentlemen and Wellington business men. The whole place is flat and of a dry. warm nature; a portion is stony. Every paddock is permanently watered by <■ water-races, and the place is quit© free from flood. • It Is well grassed, and as a whole is capable of carrying 3 breeding ewes per acre. Buildings comprise 4-roomed cottage. ; woolshed, dip, etc. Price JE27 per acre. Land in this vicinity is selling up to £4O per acre. ABRAHAM & WILLIAMS (LIMITED). LAND, STOCK, STATION, AND GENERAL COMMISSION AGENTS.
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New Zealand Times, Volume XXIX, Issue 6326, 28 September 1907, Page 12
Word Count
223Page 12 Advertisements Column 7 New Zealand Times, Volume XXIX, Issue 6326, 28 September 1907, Page 12
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