'■ IN" THE EXCHANGE LAND AND MERCANTILE AUCTION ROOMS, | Manners Street, Wellington. j ON FRIDAY, 13th MAY, 1887. IMPORTANT TO THE BONA I FIDE FARMER, Who desires to put his sons on land „, iMPORTANT TO Tjpj CAPITAL- , Who desires a profitable investment : , : - for his. capital. IMPORTANT TO ALL, Who desire to see a happy and industrious people settled on the Lands of the Colony. ; LANI). LAND LAND. SECOND SALE BY PUBLIC AUCTION Of aßlock of the WELLINGTON & MANAWATU RAILWAY COMPANY'S MAGNIFICENT LANDS. T KENNEDY MAODONALD & . CO- are favored with instructions from the Wellington and Manawatu . Railway Company, Limited, to sell by public auction, as above, a Ulockof.: -^ FOUR THOUSAND ACRES, ; ■';.•■ /'■ .;-. ''. of .'. GRAND AGRICULTURAL 1 LAND, V Situate adjacent to the , ; TOWNSHIP OF MANAKAU, On the Company's Railway Line, and SußbfviDED INTO 46 SUITABIJ?- SIZED ' ; SECTIONS, BANGING IN AREA from ELEVEN ACRES to TWO HUNDKED AND SEVENTYNINE ACRES each. • The sections are well adapted for agricultural purposes. They 'are splendidly watered, and the timber upon them is mixed tawa, rirau, hinau, &c* ' The land -is flat and unduiktirig, undulating and hilly, and some of the flats are very rich; the soil throughout being' classed as exceedingly good. The aim of the Company being to sell their Lands to bona fide occupiers, and so create: traffic for their Line, high prices are not. looked for ; the Company, as a Railway Proprietary, recognising that a large and energetic body of settlers occupying high: class land, purchased at a low price, will be of more permanent value to them and the community than if they sold a limited area at high rates. In order to bring about this result, the terms of sale have been fixed on a basis which will, we feel sure, be appreciated by all who desire to see the lands of the country speedily settled. They are as follows : — Deposit at the Auction Sams, 10 per cent. I The balance of 90 per cem, to REMAIN ON MORTGAGE FOR SEVEN YEARS, BEARING INTEREST AT THE UNPBECEDENTEDLY LOW RATE OF FIVE PER CENT. PER annum. In order to induce occupation and improvement, the purchaser will be required to enter into an undertaking to expend during the first three years, by his own labor or otherwise, an amount equal to 10 per cent, per annum of his purchase money, or in lieu thereof, should be prefer to let his section lie idle, to ;pay, in reduction of his pnrchase money, 10 per cent, per annum in cash. The .Company have arranged to issue Special Return Tickets at leduced prices between Wellington and Mahakau, return,. 45.; and between Longburh and Manakau, return, 2s ; aud from intermediate stations at the same reduced scale. Lithographic plans of the property, showing each section in detail, and further particulars may be obtained ; on application at the Head Offices of the Wellington and Manawatu Railway Company, Lambton 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. KTTHE NEXT GEEAT LAND SALE OF THE MAGNIFICENT AGRICULTURAL SECTIONS Adjoining the Township of Manukau, The property of the WELLINGTGN AND MANAWATU RAILWAY COMPANY, Will take place at T. KENNEDY MACDONALD & CO's EXCHANGE LAND AND MERCANTILE AUCTION ROOMS, No. 1, Manners Street, Wellington, on (^FRIDAY, MAY 13, 1887.42) Terms : 10 per cent, balance on mortgage for 7 years at 5 per cent. Special Trams every day at reduced fares. Lithographic Plans at all Railway Stations, and at tho office of this paper. Let everyone visit the land, and all who do 60 will wish to buy. Also, — After the above will be sold the TOWNSHIP OF MA.NUKaU.
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Bibliographic details
Feilding Star, Volume VIII, Issue 129, 7 May 1887, Page 3
Word Count
614Page 3 Advertisements Column 2 Feilding Star, Volume VIII, Issue 129, 7 May 1887, Page 3
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