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LAND, LAND. LAND. FOURTH SALS of t& LANDS or j iiiß WELLINGTONS MANA- ' WATU- RAILWAX COMPANY -. ..(jliKnCBD)*;:;---"^.;-- ■ Important to the bbna fide farmer wl»o j desires to improve hi» position, or j ! to put his sons on land that will i mean a competence to them. Important to the townsman who desires to secure a home in the ........ country, ,«o that "his days may be long in the land/ Important to the capitalist who desires to secure a profitable investment for his capital. Important for the speculator w.ho de»itw to share in the advantages of the rapid rise in value daily accruing through. thie sale iand ': occupation of the Company's pro- : \ ' .^pertWS, „,..'■.,' :.' --.- , :•.•:'.■>> •'-,!U-' ( '4 .ri! j "• ■ ■ , ■ -■> .••■-■■■'■'■'■■■'•■ '•''■{ Important to jal! those -colonists ! who . desire to -sec a happy and imdus^ j • ( • trious people' settled on -the lands of the colony; '■■['• ' .■■■■ >i ■•;/•• (7. li .'I IN THE EXCHANGE A MERCANTILE AUCTION ROOMS, MAmaCBSvSTBSET, WraJJKO.TOK, ON -FRIDAY, JANUARY 13^ IBs7 , At 1 o'clock p.m. , rp MACDOITALiD* '& 1 • CO. are favored with instructions from the Wellington and. Mana r watu Railway Company, limited,, to sell by public auction' ai above, about 1 0 AAA ACRES OF^ GRAND liAJW AGRIiOULURAL a»d PABI'O. AL LAND, situate near the TOWNSHIP OF OTAKI, being the Blocks Nos. 3, 7, vn& 8 of the Kaitawa Survey District, sub-divided into over sixty sections, ranging in area from fifty-six acres to seven hundred and forty-seven acres each. A number of the w smaller sections are pure agricultural land, while the larger areas are part agricultural'^nd part pastoral. They are splendidly watered, and the timber upon 1 theni is mixed tawa, rimu, &c. On sW^ral of the sections will be found n^jgn^ceni totara ; the whole of the timber uieq in,th,e Otaki ßridge, and the sjeepers required for the railway,, having' been cut from portion of the bush/ The land is fiat and undulating, undulating and hilly, and some of the flats have vdry rich river .deposits. The soil throughout is biassed by experts as exceedingly good, the only Btpny, portions beipg those on which the jtptara i* found,, and the value of this, timber for sawmill purposes makes . the i land upon which it grow* exceptionally: valuable. /••■ : ; ••■ :• ■ -■■ ; - ■' 1 '"- 1 ' ; • All. the sections are reached by partly eieared roads,, running f rum the railway stations \at Te Horo and Hautere, about 44 miles from Wellington, the centre of the Blocks being about 2f n>iles from the railway stations, and thence in various directions throughout the- Blocks. The aim of the Company bein^ to sell their lands ,'io 6ona Jtde ocoupiers, and so create traffic for their line, high; prices are not looked for; the Company, as a railway proprietary, recognizing 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^hign' rates. This result is already being achieved,-a large number of farmers, sawimUera^ and being in actual occupation of the lands sold by the Company during the last eighteen months. Many hundreds f of acres of bush are now-down ready for burning, and not a few of the previous buyers have been offered handsome profits on their inrestments. In order to increase this satisfactory result, the terms of sale are still fixed en a basis whiph will, we feel sure, : be appreeiateci by all who desire to see the lands of the country speedily settled. They are as follow :— ■ D??08IT AT TBE AUCTION SALE 10 PER GENT. Tan BALANCE of 90 per cent, to REMAIN on MORTGAGE for SEVEN YEARd, bearing interest at the unprecedented^ low rate of FIVE PER GENT, per annum ■ .Io order to induce occupation and improvement, the purchaser will be required to enter into an undertaking to expend during the first three years, by bis own labor -or otherwise, an amount ep^ual to 10. per cent, per annum ol his purchase moneys or in lieu thereof, should he prefer to let his section lie idle, to pay, in reduction of his purohas* money, 10 percent, per annum in oash. ;<:"; v The title is Land Transfer AirtJ : ■ The Company have arranged to issue 'Special Return Tiokets at reduoed prices :— Between Wellington and Te Horp or Hautere, return Ss ; between Longbnm and Te Hbro ' or Hautere, return 3s ;, and from intermediate Stations at the same reduced scale. ; .'[' . : ". ■'/' t', InHiographio plans of the property, showing each section in detail, and farther particulars may be obtained on application , at the head offices of tbe Wellington and M anawatn RailWay Otfmpany, Lambton Quay, Weilingtoß, or from the Auctioaeors, ) MessrV T. Kennedy Maodonald and iCb. Tfce plans oan also be seen at »the raihray stations, and at tike ofloe of thierp;|M>T.

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https://paperspast.natlib.govt.nz/newspapers/FS18880110.2.15.2

Bibliographic details

Feilding Star, Volume IX, Issue 87, 10 January 1888, Page 2

Word Count
789

Page 2 Advertisements Column 2 Feilding Star, Volume IX, Issue 87, 10 January 1888, Page 2

Page 2 Advertisements Column 2 Feilding Star, Volume IX, Issue 87, 10 January 1888, Page 2

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