Article image
Article image

Auction Sale. r AND. LAND, LAND. LAND. Lj — — FOURTH SALE OF THE LAND® OP THE WELLINGTON & MANAWATU RAILWAY COMPANY, Limited, i Important to the bona fide farmer who lesireß to improve his position, or to put his ions on land that will moan a competence ,o them. Important to the townsman who desires 0 secure a home in the country so that " hia days may be long in the land." Important to the capitalist who desires io pecure a profitable investment for his capital. Important to the speculator who desires !o share in ths advantages of the rapid rise in value daily accruing through the pale and occupation ol ! tho Compau^'s properties. Important to all thoso colonists who doeire to see a happy and industrious people selt'ed on the londu of the colooy. IN JT!E EXCHANGE LAND & MFRCANIILE AUCTION ROOMS. Manners Stbbbt, WsniNaTON. * ON FRIDAY, JANUARY 13, ISBB At| I o'clock p.m. m KENNEDY MACDONALD & CO. JL are favored with instructions frcm tho Wellingl.on and Manawatu Eailwi>y Company, Limited, to sell by public aucti 'n as above, about 1 O AAr\ ACRES of Grand Paß' JI6AJ\J\J toral LAND, situated uear the TOWNSHIP of OTAKI, being the Blookß Nob 3, 4, 6. 7, & 8 of the Kaitawa Survey District, subdivided into over GO sections, ranging iv area from 56 acres to Be-? en hundred and forty »Eeven acreß each, A number of the smaller sections are pure agricultural land, while the larger areaß ate part agrcultural and part pastoral. They live spltndidly wartered, and tho timber upon them is mixed tawa, rimu, &o. On several of the soctions will bo found magnificent totara ; tho whole of tho timber used in the Ofcaki Bridge, and tho sleepers required for tho railway, having been cut from portions of the bush. Tbe land is flat, and undulating and hilly and some of the flats have very rich rivor deposit*. The coil throughout is classed by experts as exceedingly good, the only stany portions being those on whica the totara is found, and the value of this limber for sawmill 1 purposes makes tbe land upon which it grows excepi ion allf valuable. All the sections are reached by partly clearod roads, running from the railway stations at Te Horo and Hautoro, about 44 miles from Wellington, the centre of the Blocks being abou^ 2£ miles from the railway stations, and thence in varions directions throughou' the Blocks. Tbe aim of the Company being to seU their lands to bonn fide occupiers, and bo create traffic for their 1 ne, high prices are not looked for ; the company, as a railway proprietary, recognising that a large and energetic body of settlers occupying highclass land, purchased at a low price, will be o£ more permanent value to them and the community than if they sold a limited area at high ratee. This result ij already being achieved, a large auraber of farmers 1 , eawmillere, and others being in actual occupa« tion of the lands sold by the Company during the last eightsen months. Many hundreds of acros of bußh are now down ready for burning, and nob a few of the previous buyers bavo been offered handsome profits on their investments. In order to increaie this satisfactory result, the terms of bale are still fixed on a basis which will, we feel Bure, be appreciated by all wao desire to see the lands of the country speedily settled. They are as follow :— DEPOSIT AT THE AUCTION SALE, 10 PER GENT. Tho BALANCE of 90 per cent to REMAIN on MORTGAGE for SEVEN YEAR?, bearing interest at the unproce* dtntedly low rate of FIVE PER CENT per annum. In order to induce occupation and im« provement, the purchaser will be required to enter into au undertakicg to eipend during the first threo years, by his own labour or otherwise, an amount equal to 10 per cant per annum cf hia purohn?e money, or in lieuthereof, should he prefer to let his section lie idle, to pay, in reduction of big purohase money, 10 per cent per annum in cash. The Title is Land Transfer Act. The Company havo arranged to issue Special Return Tickets at reduced price?. Between Wellington and Te Horo or Hau« tere, return 3* j between Longburn and Te Horo or Hautere, return 3s j and from intermediate stations at the same reduced rate. Lithographic plans of the property, shown ing each section in detail, and further par* ticulars may be obtained on application at the head offices of the Wellington and Manawatu Railway Company, Lamblon Quay, Wellington, or from the Auctioneers, Messrs T. Kennedy Macdonald and Co. The plans can also be seen at the railway stations, and at the office of this paper. SALE OF VALUABLE COUNTRY LANDS. FRIDAY, 13th JANUABY, 1888, TTIBBHM AN R. JACKSON & CO. have JP received instructions from William Corry, Eeq-, to sell by public auction, at their rooms, Victoria Avenue, a 9 above, the following desirable properties : — Upset Price Ac. Rd. Pr. Lox I— Containing 393 0 33 ... £4, 5b Lot 2- „ 263 1 25 ... £4 Ob Lot 3— „ 289 2 32 ... £2 os Lot 4— „ • 244 I 25 ... £L 10b Lot 5— „ 227 0 17 ... £1 10s Lot 6— „ 333 0 17 .. £3 5a Lot 7— „ 471 2 17 ... £2 15a Lot 8— „ 735 0 37 ... £3 10s Lot 9— „ 759 1 9 ... £4 Os This magnificent Estate is situated about eleven miles from Wang&nui by a good metalled road. The soil h of the best, being a limestone formation. The open land is all well grassed, and the bush land is light and easily cleared. On the section No. 9 are erected good Dwellinghouse, Stable, Woolshed, Dip. yards. Theae ia also a large productive Orchard, well with tha most choice fruit trees, in full bearing. The property i 3 highly suitable , for division ; and as the owner is deter* mined to sell, the upset prices are put very low, varying according to the extent of land in grass. The terms of payment are' as follows ;— One-fourth cash ; balance at five years al 7 per cent, interest. The Auctioneers would draw the attention of bona fide settlers to the above sale, as an opportunity rarely ooours to get land of this class so cheap. KfiT Plans can be seen at the office of the Auctioneers. Title, Transfer Act. FREEMAN R. JACKSON, Auctioneers. "P o R s" ~a ii b. That very desirable Villa Residence com»r of Wicksteedastreet and Liverpool- street, now occupied by De Maberley. The house is a thoroughly well built one, "Bnd moat conveniently planned and fitted with all the latest improvements, contains eight rooms, besides soullery, large conservatory, outhouses, and stabling. Garden, half-anacre, well stocked, and in capital order, For terms and cards to view apply to ; WHITWORTH RUSSELL, Post Office Chambers. / /-*•— ' - ' —^ k LMANAC and DIRECTORY of Wan OL eanui and Coast up to New Plymouth, a 3ae Shilling each, at A, D. WILLIS'S, c Bookseller, Avenue* ' \

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC18871231.2.20.5

Bibliographic details

Wanganui Chronicle, Volume XXX, Issue 11679, 31 December 1887, Page 4

Word Count
1,164

Page 4 Advertisements Column 5 Wanganui Chronicle, Volume XXX, Issue 11679, 31 December 1887, Page 4

Page 4 Advertisements Column 5 Wanganui Chronicle, Volume XXX, Issue 11679, 31 December 1887, Page 4