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AUCTIONS, SALE OF LEASES OF PART OF BLOCK VIII, MANGAI'IAO DISTRICT, , PAIIiATUA. . ■ "MESSRS. ABRAHAM AND WIL■"A LIA.MS, I,I.\HTI ; D, have received instructions from the Wellington City Council 'to sell by ptiblb auction at their rooms. I'ahiatua, on TUESDAY, the 2ml day of July, 1912, at 3 p.m., 2 Pastoral Leases of 1)8 acres and 183 acres 3 rcods approximately, near l'a)intiia. The exactareas, upset rentals, value of buildings ami improvements, and tin present lessee's rentals are shown in the schedule at the foot hereof. Each section of land -has a frontage to a road, and is watered by a tribjtary of the Manganiarama Stream". In the event of the old tenant; becoming the purchasers of the new tern,, the new term shall in such case be as fallows:— 1. Lot 1-11 years, from 2Sth. .March, 1911. 2. Lot 2—14 years from 17th April, 1911. In the event of any person otlilr than the old tenants Incoming the purchsser of the new term, the new term shall in such ca;j bs as follows;— 1. Lot I—l 2 vcars and 7 calendar months from 23th Av.gu-t, 1912. 2. Lot 2—12 years and 8 calendar months ,'i'om 17th August, 1912. The leases will be granted upon the same terms and conditions as appear in the old leases, including ..these cumiiliJiis:— 1. That previously to the expiration, of the lease the valuations shall be made by three valuers—(a) of the buildings and improvements on the land, and (b.i the annual value of the property, excluding such buildings and improvements, 2. That a further lease for a further term of II years, containing the same provisions as" the proposed now lease, shall be put up to auction at the upset- rental so fixed, subject to payment by. an incoming tenant of the valuation of ' buildings and improvements. The highest bidder at or above the up<et jeni a I will be the purchaser, but: in (he event of O-jre being no bidder at or above the npsst rental, the land will revert to the Council. If the old tenant becomes the purchaser, he shall pay a deposit equal to 2 years' rent. If any othti' person becomes the purchaser of ]jnt 1 or Lot 2 he shall pay in respect of Lot 1. as deposit, a sum equal to 8 calendar months' lent, and in respect of Lot 2 7 calendar mouths' rent, and he shall immediately after the sale pay to the Council on behalf of the outgoing tenant the value of the buildings and improvements as shown in the Schedule hereto. ' The scheme of leasing provides that sales of similar leases shall bs held every 11 years in perpetuity. Copies of t'ne I'artieiila.rs, Terms, and Conditions of Leasing, 'containing draft Lease, are deposited at the offices of Messrs. Abraham ant! Williams, Limited, Pahiatua, and at the offices of the Town Clerk, Town Hail, Wellington, and may be there inspected until the day of tale." 1 O £. is > ■ ? g < j- | = ,s \% S--2 .- s | < £.. S' $ K : .1- " r u, c/: ? % I* - ? Q ** a ? S*—' *r* oo = ' 2 i.% r, a' k 4 JNO.R. PALMER, Town Clerk, AVellinglon. iViyRRAY, ROBERTS, iftND CO., LTD-, WELLINGTON, And at NAPIER, GISBORNE, DUNEDIN. MERCHANTS, WOOI.BROKERS, AUCTIONEERS.. LAND AND GENERAL : COMMISSON AGENTS. CHEAP PROPERTIES. KKA ACRES, Freehold, Nelson district, OOXf First-class Dairying Land. Close to butter factory. .£25. QAArj ACRES, 0.R.P.. and L.1.P.. o\J\>\J Vv'aitotara, IS3O acres cleared, 13 sheep to acre and 200 head of cattle. -11170/? ACRES. Freehold. Masterton. X 10\t Two sheep to the aero and Cattle. All stock go off fat. .(.it. jnAA ACRES, Freehold, To Horo. 330 J,\/\j\J acres in bujh, balance good sheep and dairying country. .£lO 10s. 90TO ACRES. Freehold. Pahiatua. 2 nJtluiJ sheep to acre, and 250 head ot cattle. .CS 10s. OK A A ACRES. Freehold. East Coast, I OOvxf one sheep to aero and cattle. 1 £\ 10s. OQI Q ACRES. Freehold, Wairarapa.! AJI.Q 1000 acres ploilgliable; 4090 J sbeep and cattle. J;G 10s. j Easy terms .are.offered to purchasers of these properties. Further particulars on application. We invite owners who want to sell, to communicate with us 'at once, as wc have numerous inquiries for pastoral land from men with capital ranntng from £1000 to £50,000 each, GOOD VALUE IN FARM LAND. FOR SALE. -IKA ACRES, Manawalu Line, all -LO\J ploilgliable but- 10 acres when stumped; superior 8-roomed house, bathroom, hot and cold water, pantry, linen cupboard, washhouse, copper, tubs, etc.; very largo barn containing 10 bails, stables, machinery shed, etc.; stock and sheep yards, also 4-roomed cottage; several acres in winter feed; first-class dairy farm. Price JIM per acre; JMOOO cash required, balance arranged or owner-would Bell 50 acres with 4-roomed cottage at -I'll! per aero. Situate alongside creamery unci Post Office; 4 miles, from important'town. 4jrq ACRES, Manawutu Line, all in OO grass, but some 13 acres shelter, bush; subdivided into 14 paddocks; half Hat balance, low hills, übout 50 acres broken to plough, well watered, comfortable K-roomed house; first-class dairy fnrm, 3 miles from railwav, school, and butter factory. Price, X2U pur acre, Ju2W)ll cash. A A ACRES, Mamnvatu Line, 2 miles from railway station, school, and P. 0.; half mile from creamery; rich level laud, carrying 25 cows and horse all the year round; well watered: l-roomed house, copper, tubs, etc., Irapshed, 10-bail cowshed, concrete lloor. harness room, piggeries. Price, .l's(i 10-. per acre, including 25 cows, trap and farm tools; ,tGI2 cash, balance can remain for five years at 5 per cent. This property can be strongly recommended. H. ERNEST LEIGHTOW, Auctioneer. Land and Estate Agent. 18G Featherstou St.. Wellington, & Lower 1 HutU

Permanent link to this item
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https://paperspast.natlib.govt.nz/newspapers/DOM19120618.2.92.3

Bibliographic details
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Dominion, Volume 5, Issue 1469, 18 June 1912, Page 10

Word count
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936

Page 10 Advertisements Column 3 Dominion, Volume 5, Issue 1469, 18 June 1912, Page 10

Page 10 Advertisements Column 3 Dominion, Volume 5, Issue 1469, 18 June 1912, Page 10

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