Page 14 Advertisements Column 2

Otago Witness, Issue 1421, 15 February 1879, Page 14

AUCTIONS. 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 Years at 5 Per Cent. Per Annum for first 3 years, and 8 per cent, afterwards. MACLEAN BROTHERS, (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 be sold is at present under crop, and intending investors are respectfully requested to 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 district in the South. THE TERMS OF PAYMENT fixed by the proprietor are a convincing proof of his estimate of 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 3 years, and 8 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 cent, on the purchase money for first 3 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 has left the fixing of upset prices. Intending purchasers 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 BROS., Dunedin and Balclutha ; Or, HENRY DRIVER, Bond street. VALUABLE ESTATE, To be Let for a term of years, with purchasing clause. VffACLEAN BROTHERS ixJL are instructed by Robert Haworth, Esq., to let, by private treaty, THE CALDERVAN ESTATE, Two and a-half miles from Wai wera Railway Station, and consisting of — 2430 acres, subdivided into paddocks, and having thereon all necessary farm buildings. Two hundred acres are in English grasses, 60 acres in wheat and oats, 12 acres turnips, and 100 acres rape and grass ; 40 acres broken vp — in all about 420 acres cultivated. For further particulars of property, conditions of lease, &c, apply to R. HAWORTH, Esq. ; Or to Maclean bros., Dunedin and Balclutha. ' FRIDAY, 21st FEBRUARY, At 2 o'clock. At the Wool Stores, High street, Dunedin. FIRST-CLASS RUN and STOCK For Sale by Auction. WRIGHT, STEPHENSON, & CO. have received instructions to sell by auction, at their Wool Stores, High street, Dunedin, on Friday, 21st February, at 2 o'clock, THE ORMAGLADE STATION, being Run ' No. 200, situate in the Benger District of the Provincial District of Otago, comprising — 43 000 acrea of first-class country, ; with 23 500 mer * no sheeep, and Q horses. Also, The freehold of 684 acres, on which are erected the improvements, consisting of seven-roomed dwel-ling-house, wool- shed, stables, shearers' Bhed, men's house, store, dip, &c. On the run there are 32 miles of boundary and subdivision fencing, which, as well as the improvements, is all in good repair. This station commends itself as an admirable investment to capitalists and others, everything connected with it being in first class working oider, and the sheep having been carefully culled every year for the last four years. For inventories and all particulars Apply to THE AUCTIONEERS ; Or to FRANCIS FULTON, Esq., If Crawfor street, Dunedin.