Page 16 Advertisements Column 4

Otago Witness, Issue 1581, 4 March 1882, Page 16

AUCTIONS. SATURDAY, 25th MARCH, At 2 p.to. VALUABLE FREEHOLD FARMS. OWING TO DISSOLUTION OF PARTNERSHIP. ]|T •A R D E~L L & O 0., Its have received instructions from Messrs Butler Brothers (owing to their intended disuo lution of partnership) to sell by auction in theh rooms, Don street, Invercargill, on Satur day, 25th March, at 2 p.m. — The following valuable freehold farms :— LOT 1- « SPRINGFIELD," (RYAL BUSH), Being part of sections 16 and 17, block 111, New River Hundred, comprising 17fi acres, of which 25 acres are splendid black and white pine bush. Of the re mainder 20 aores are under crop, about 70 acres in English grass, and the rest ready for tho plough. This property is all enclosed and subdivided into four paddooka, chiefly with live fences. The other improvements consist of a good fourroomed cottage, pleasantly situated on the sheltered Bide of a most picturesque bush : Btable, outbuildings, and a good orchard and garden. This desirable farm abuts on the Invercargill' Winton railway line, is within ten miles of th* former, and only ten minutes' walk from Ryal Bush railway station, post-office, and aohool EESERVE NOMINAL. Greater part of the purchase money can remain on mortgage at 5 per cent. LOT 2. « LOSELY," Oa the bank of the Makarewa river, being Beotions 55, 56, and 58, block X, New River Hundred, comprising 258 AORE3 of deep, riob, river flat land, of wbicl 150 acres are in English grass, 30 acres in oats, 16 acreß in turnips, and the remainder splendid black and white pine bush. The farm is subdivided into eight paddocks, ohiefly by live fenoes, is situated within foui mileß of Makarewa Railway Station, and tei miles from Invercargill. The buildings com prise house, good substantial bankable, dairy, cow sheds, &o. Terms : £500 cash, £500, 15t April. 1884, and the remainder In five years, bearing five pei cent, interest. For further particulars apply to the proprietors on the properties, orv M'ARDELL & CO., IK . Auctioneers. SATURDAY, 4th MARCH, 1882, At 1 o'clock. THE APARIIfIA ESTATE, > Containing 6500 AORES Of first-rate FARMING LAND, WUI be OFFERED FOR SALE In INVERCARGILL On the above date, GF. MARTIN • (in conjunction with Oarswell, White, and Co.) has been instructed by the New Zealand and Australian Land Pompany, Limited, to Bell by public^ auction this wellknown property, as now subdivided into FARMS AND ALLOTMENTS suitable for all classes of purchasers. THE POSITION Is most convenient, as it is close to Riverton, and traversed by the Otautau railway, three stations of whicn are on and adjoining, and county roada alao interseot the property, THE SOIL s rich alluvial loam on the Huts, and clay and vegetable loam on the downs, partly resting on a limestone formation, and has been proved to be capable of growing the finest crops of wheat and other cereals ever seen in Southland. Turnips and grass also thrive remarkably well PERMANENT WATER exists on every farm, and good water.powei can be obtained on several of the creeks, TIMBER large enough for building purposes is on many of the sections, and there are large Government reserves all along the back of the Estate. THE PRESENT CONDITION is favourable for new purchasers, as most of the land has baen down in English grass for many years ; part never having grown a grain crop, and none more than one. The fences are also in good repair. FIRST TERMS FOR FARMS : Twenty per cent, cash ; 20 per cent, in two years ; 10 per cent, in three years ; 25 percent. In five years ; and 25 per cent, in seven years. Interest five per cent. i SECOND TERMS FOR TOWNSHIP SECTIONS : One-quarter cash ; balance by bills at one, two, and three years, with interest at five pei oent. added. • TITLE— Land Transfer Act. For plans and further information apply tc > the Vendors, 11 Bond street, Dunedin; Mi James Henderson, on the property, who will ' show the land; or to the AUCTIONEERS, l 28ja JOYWPWgttI,