Page 14 Advertisements Column 3

Otago Witness, Issue 1422, 22 February 1879, Page 14

AUCTIONS. will also be prepared to give every assistance and facility for the same purpose. The proprietors have agreed to give the following exceedingly liberal terms of payment viz. :—: — 5 per cent, cash deposit 5 ( , at one month 5 „ three „ 15 „ twelve „ ) ibh . t t 20 „ twoyears 1 8 ent# 50 „ five years ) * For plans of the estate and all other information, apply to THE N.Z. LOAN AND MERCANTILE AGENCY CO., Dunedin or Invercargill. SATURDAY, Sfch 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), instiucted 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 haß 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-fourfch 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, haa 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. MACLEAN BROTHERS are instructed by Robert Haworth, Esq., to let, by private treaty, THE CALDERVAN ESTATE, Two and a-half miles from Waiwera 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 j Or to M ACLE AN BROS. , Dunedin and Balclutha. PAREORA LAND. A FEW Choice Sections are still unsold. For particulars as to price, &c, apply WRIGHT, STEPHENSON, & CO. And MACLEAN BROS. PRELIMINARY ANNOUNCEMENT. FARMS ON TOTARA ESTATE. THE NEW ZEALAND AND AUSTRA. LI AN LANT) CO. (Limited) offer by public auction, at Oamaru, the end of MARCH next, fiOOO Acres of this magnificent Estate, subdivided into moderately-sized Farms, and on exceptionally easy terms of payment. Such an opportunity of securing a portion of the pick of the best land in New Zealand has never occurred since the colonisation of the country, and without doubt Totara has been proved to be the best wheat growing and fattening property in New Zealand, Date of sale and particulars of terms will be advertised shortly,