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AUCTIONS. SATURDAY, lst FEBRUARY, 1879. At 12 o'clock. DESIRABLE FARM, Saddle Hill District. MACLEAN" BROTHERS, instructed by Messrs K. and D. Kennedy, will sell by auction, at Watson's Rooms, Dunedin, on the above date, That desirable farm in Saddle Hill district, adjoining the property of Wm. Jaffray, Esq , and Consisting of — 1 g Q acres really good agricultural land, being part of section 57, block VIII., Dunedin and East Taieri district. All fenced, subdivided, and improved, and having erected thereon all necessary farm buildings. This valuable Farm is very desirably situated within a short distance of the terminus of the Green Island District Railway, and eight miles from the centre of the City ; hence most suitable for a dairy farmer. Tbe farm is held under lease for an unexpired term of three years at a rental of £45 per annum, with right to the lessee to purchase at any time during the term at £500. MACLEAN BROTHERS. SATURDAY, Bth MARCH, At 12 o'clock. IMPORTANT SALE OF AGRICULTURAL FARMS. TOKOMAIRIRO DISTRICT. UNPRECEDENTEDLY EASY TERMS. Small Deposit in Cash ; Balance up to 21 Yeaes, at 5 Per Cent. Per Annum cor First Three Years, and 8 Per. Cent, afterwards. \/T A O LB A N BROTHERS iyjL (in conjunction with Mr Henry Driver), instructed by Frederick Wayne, Esq., of Akatore, will submit to auction, at Watson's Rooms, High street, on the above date, One-half of his AKATORE ESTATE, Consisting of — 22 Farms, varying in extent from 50 Acres to 550 Acres each. This, property is one of the choicest on the coast line of Otago, the soil being of excellent quality, and the climate all that can be desired for the growth of cereals, root crops, or English grasses. A large portion of the land to bo sold is at present; under crop, and intending investors are respactfully requested ta pay an early visit of inspection. The situation is very convenient, being from six to ten miles off the Milton railway station. The exposure is really good, and no part of the property has ever been affected either by floods or droughts. Crops of all descriptions have been grown with the greatest success, and, as regards yield per acre, comparing favourably with that of any other diatrici! in the South. THE TERMS OF PAYMENT fixed by the proprietor are a convincing proof of his estimate o£ the values and capabilities of the farms: — One-fourth cash, the balance on mortgage for a term of years at 5 PER CENT. for first three years, and S per cent, afterwards. Or the purchaser of any farm may, if he desires, convert the purchase into a LEASE FOR TWENTY-ONE YEARS, with purchasing clause, at 3, 7, 14, and 21 years, at a rental of 5 per ceut. on the purchase-money for first three years, and 8 per cent, afterwards. Mr Wayne, who desires to proceed to Europe, has had the various farms valued by Mr Henry Driver and Mr John Maclean, to whose judgment he bas left the fixing of upset prices. I&tending purchaaeis may therefore rely upon it that fair and reasonable values will be accepted. Plans and conditions of sale and lease may be seen at the offices of MACLEAN BROTHERS, Dunedin and Balclutha ; Or, HENRY DRIVER, ISja Bond street. BLUE CLIFFS. BLUE CLIFFS. THURSDAY, 13fch DAY of FEBRUARY, At 2 p.m. Mechanics' Institute, T I M A R U. Terms of Sale : £5 000 fall of the hammer £11,000 one month 000 December 31st, 1879; Balance, three years from date of sale, bearing interest at 7 per cent, per annum, paid half-yearly. JT. FORD & CO. if BLUE CLIFFS STDD SHEEP. WEDNESDAY, 12th DAY of FEBRUARY, At 11.30 a.m. Show Ground, T I M A B. U. Without Reserve. Terms : Under £50, cash. Over £50, approved bills at tbres or six months, with bauk interest added. T T. POiiP & 00. f), if

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https://paperspast.natlib.govt.nz/newspapers/OW18790201.2.71.3

Bibliographic details

Otago Witness, Issue 1419, 1 February 1879, Page 24

Word Count
648

Page 24 Advertisements Column 3 Otago Witness, Issue 1419, 1 February 1879, Page 24

Page 24 Advertisements Column 3 Otago Witness, Issue 1419, 1 February 1879, Page 24