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THURSDAY, 27th FEBRUARY, , 1 j IMPORTANT LAND SALE. j DE FER RE D PAY ME NT S.j 'EXTENDING OVER THREE YEARS, j MACRORIE &■ CUTHBERTSON (in con-f (junction with Mr J. S. Shanks), ard instructed hj the 'proprietor to sell by public?auction, at Mataura Bridge, on Thursday! 27th February, commencing at 2.15 p.mj sharp, 1 3424 ACIIES freehold 342 _f - Comprising — ' .] ; Sections 1 to 35, block 1, Mabel districti Southia_d, l being one of the earliest selections made by the New Zealand and Australian Land Company, ana recently-purchased from them by the present owner. The land imme> ?''-' ; idiately (adjoins the beautiful anil valuable ( property of Christophe: .• Basstian, Esq., known as Woodstpclf.' The estate now submitted topublijj: competition is known as | B L EN HE I M, .- ! . . And contains, as above, 3424 acr® excellent agricultural land, dividejl by Government survey-, into 35 Iseations,varying f rom 80 to 1 10 acr es eacn ori an average, besides one section ih block IV, immediately adjoining, and \vbi_h contains from 200 to 3(K) acres of valuable bush „.".'( J : This Valnable Bush has been Surveyed intb_. lots of '•- 20 acres, or thereby. (■([_;. The owner being determined to placethisY property absolutely in the hands ofthe pnblifc,. has resolved to adopt the system on which tie; Government Land Sales are conducted, aijtte which has the effect of stimulating compe'^_-l tion by making it obvious that every bid mu^t be Una fide from- "an intending buyer— the system of naming an Upset Price at whi|h every section will be submitted. The lowest price of Government land is forty shillings per acre. The Blenheim Estate will be offered at the i UPSET PRICE • OE J FORTY-FIVE SHILLINGS PER ACRE. No further bid or reserve will be made on tiie part of the owner, and no sections will jbe withdrawn. The public have, therefore, me same advantage as is offered at Government sales, and the bidder of the Upset Pricefof Forty-five Shillings per acre for any sectibn will be entitled to purchase at that ridiculously low figure, should no further competition ensue. I 1 j i,v TERMS: j In order still further to meet the requirements of all classes, the proprietor has detprlnined to offer the most liberal terms, viz. : — I One-sixth cash on fall of hammer ; onesixth in three months from datqof sale ; one-sixth in twelve months ; one-sixth in eighteen months ; ope 1 -'' sixth in twenty-four months ; onesixth in thirty months ; and ohesixth in thirty-six months ; each instalment bearing interest at the very moderate rate of seven pericent, per annum. " t f_. Each section will be submitted as a separate lot, in the order iri which they are placed! on the Government map, and no section will' be withdrawn. Buyers from the Invercargill end will go 1 by the 7.30 a.m. train, but those from Dunedin may proceed by the 9 a.m. express which will stop at Mataura station to allow passengers to alight. < / Every information may be obtained from! the auctioneers, from Mr J. S. Shanks, Ma-J taura, or from Mr Hugh M 'lntosh, Half-way; Bush, who will- be happy, to show intending! purchasers Over.;.the^r'o"nri'd. ; ..-,.Y' V" i Lithographed Plans" hi course of prepara-j tion. j *'V.-.;" ; ,' ....:--,• Y. ? A3i_S:o,— ! A. SALE OF STOCK, \ Previous to above, AT V'"': . ; ,>.. * 112 (NOON. -V f ~i rff\ HEiD ; CATTLE, consisting of 1 . U 100 Bullocks, 50 Cows, and 20 Milkers, and OAA FAT WETHERS, Small lot FAT CATTLE, , Yj fe- FIRST-GLASS .'BULLOCKS 1 r COWS & HEIFERS 15 n DRAUGHT HORSES. GORE-ELBOW RAILWAY. TOWN OF DUDLEY. FIRST DAY, SATURDAY Ist MARCH. 2 p.m. and 7. p.m. MACRORIE & CUTHBERTSON are instructed to sell by public auction, at their Rooms, Dee street, at 2 p.m., and again in the evening at 7. p.m., on Saturday, Ist March — THE TOWN OF " DUDLEY." . On, and intersected by, the Gore-Elbow Railway, and at the junction of the proposed Switzers Line, being subdivided into ] /?Q QUARTER-ACRE SECTIONS, And a peculiarly eligible opportunity of investment from thef ortile character of the surrounding country : i the works in progress at the present time, and the position this property occupies in the certain prosecution of other branch lines to open up the district. The most prominent j feature of this sale, however, is that the proprietor means to place Homes within reach of all, by fixing an upset price at the low figure of ■ £3 PER SECTION. i Title, Transfer Act Lithograph Plans in course of issue. ; Terms — half cash, balance, one month. i 22 FRIDAY, 2Sth INST., _____ 2 p.m. FURNITURE SALE. MACRORIE & CDTHBERTSON, are in- ; structed by J. H. Kerr, Esq., to sell ' by auction on the premises, at the, top of Yarrow, street, on Friday next the 28th inst., at 2 o'clock in the afternoon, : ' ""'■'' His Household Furniture, emoug which(;may be enumerated — Drawing-ropm suite in silk rep, mahogany and other tables, horse-, hair sofa, carpets, curtains, poles, chairs, . and usual parlor, bedroom, and kitchen furniture. 309 WEDNESDAi, 26th FEBRUARY. STRATHEARN. MACRORIE & CUTHBERTSON arte instructed by Peter McEwan, Esq., to sell by public auction at their rooms,* Dee street, InvercargiU, on Wednesday, |26th Februaiy, commencing at 2 p.m., the whole of his valuable Town Property, known as STRATHEARN. Subdivided into f*rr SEC TION SJ, , This property is so well known that detailed description is quite unnecessary. It is pleasantly situated, immediately adjoining the town belt. The streets of InvercargillJ" have been continued through the property on the same plan, and of exactly the same width, as in the town itself. The land is high and dry ; the aspect salubrious, anfa, as Building Sites, these sections 'are absolutely unequalled. The | prb-j perty will be offered on the MOST LIBERAL TERMS, - Viz.:— One-fifth Cash on the fall qf the hammer; one-fifth in three months; one-fifth in six months: one-fifth in nine months J and one-fifth in twelve months from date of; sale, bearing 8 percent, interest. Purchasers willbe entitled to pay up in full at any time, in which case they will receive full rebate of interest. - i Plans may be seen and eveiy information, obtained at the .office of the auctioneers. r Title— Land Transfer Act,

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST18790224.2.21.4

Bibliographic details

Southland Times, Issue 3332, 24 February 1879, Page 3

Word Count
1,014

Page 3 Advertisements Column 4 Southland Times, Issue 3332, 24 February 1879, Page 3

Page 3 Advertisements Column 4 Southland Times, Issue 3332, 24 February 1879, Page 3

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