Page 48 Advertisements Column 6

Press, 7 April 1979, Page 48

I Auctions IMPORTANT LAND AUCTION CANCELLATION NOTICE ON ACCOUNT TRUSTEES ESTATE J. A. COLLIE ASHLEY DOWNS i DUE TO unforeseen circumstances the above aucI tion which was to be held on Friday April 20th, I 1979 has now been cancelled. PYNE GOULD GUINNESS LTD. REAL ESTATE. CHRISTCHURCH. 2130 RURAL REAL ESTATE AUCTION EXCEPTIONAL COASTAL SHEEP AND CATTLE FATTENING UNIT "KELSO DOWNS" 322 HECTARES (795 ACRES) FREEHOLD TOGETHER WITH FULL RANGE OF IMPROVEMENTS SITUATED MOTUNAU TO BE OFFERED FOR SALE BY PUBLIC AUCTION ON ACCOUNT MESSRS E. P. & P. H. ROBINS ON FRIDAY, MAY 18, 1979 AT 2.15 P.M. PYNE, GOULD. GUINNESS LTD have received instructions to offer for sale in their Cashel Street Auction Room as above. “KELSO DOWNS” can be classed as an exceptional stock fattening and cropping unit with a unique situation, being on the sea coast enjoying an almost frost-free climate and an excellent rainfall. The land comprises rich low undulating, downs mainly ploughable by wheel tractor apart from gullies which offer excellent stock shelter, and a small area of hill approximately 33 acres. SITUATION: The property is situated on the Happy Vallej' Road, 121 miles from Greta Valley Township and 65 miles Christchurch. School bus at gate to primary school. SUBDIVISION: 35 paddocks by wooden post and concrete post standard and wire plus permanent netting fences in good order. WATER: Stock and domestic water is obtained from a spring by gravity feed system to all paddocks. Also H points from Rural Scheme. COVER: 55 acres new grass, balance first class English grasses. BUILDINGS: Home comprising 2 double bedrooms, 1 single bedroom, lounge, dining room, kitchen with electric range, dual hot water, etc., bathroom, inside toilet, detached washhouse. This home is situated on a well sheltered area of lawns and gardens and commands a panoramic view of the Pegasus Bay coastline. OUTBUILDINGS: Single man’s quarters with E.P., large bedroom, kitchenette, walk-in shower, toilet, etc. Cowbail and dairy, fowlhouse, haybarn with leanto (4400 bales), combined workshop and implement shed with leanto double garage, sheep yard with dagging rail and I oading race, combined granary, bulk super bin and lambing pens, underground 500-gallon and 250-gallon petrol tanks, overhead rental 500-gallon diesel tank, haybarn (1200 bales). New combination sheep and cattle yards with loading race and dagging rail 2/sth share community wool shed (4-stand capacity 750 woolies), seep yards. STOCK: 2750 Corriedale Breeding Ewes. 875 Ewe Lambs. 110 Wethers. 48 Rams.

3783 Total Sheep. In addition, up to 200 store calves are bought in April-May and sold as prime stock to Woolworths. RATES: To Hurunui County Council $1055. TERMS: To a purchaser approved prior to the auction the vendor is prepared to leave up to one half of the land purchase price on first mortgage for a period of 5 years at current rates. DEFERRED PAYMENT LICENCE: The vendors’ interest in the property is a deferred payment licence, and any purchaser who has obtained the prior approval of the Commissioner of Crown Lands may take over the vendors’ interest in the deferred payment licence and under these circumstances the vendors will advance to the purchaser the sum of $lOO,OOO on first mortgage on the terms above quoted. On any purchase price above $300,000 the vendors will advance to an approved purchaser on first mortgage, in addition to the sum of $lOO,OOO already referred to. half of the difference between $300,000 and whatever final purchase price is paid. AUCTIONEER’S NOTE: Seldom does the opportunity present itself to purchasers to be able to buy a top quality stock fattening unit in this highly regarded area. The mild coastal climate and good rainfall assure fantastic pasture growth and with good subdivision and shelter stock performances are high. "Kelso Downs” has been conservatively farmed as a stock fattening unit with a grass wintering programme for many years, and with the high fertility we feel that more stock could be comfortably carried and that the land if required would produce some high yielding grain or seed crops. “Kelso Downs’ is indeed an exceptional "grass growing” unit an<£ with an almost immediate income return from theu pre-lamb shearing inspection is definitely mended. Inspection strictly by appointment with th ft auctioneers only: . *' PYNE, GOULD, GUINNESS LTD, REAL ESTATE. CHRISTCHURCH. '• PHONE 798-600. After Hours: S Charlie Hooper, Ohoka 727; Jan Sluts, &5M44.* Solicitors: Wynn Williams and Co., 172 Cashel Street, Christchurch. - . ... . UM