A Land Deal

Horowhenua Chronicle, 18 August 1916, Page 3

A Land Deal

EXAMPLE OF AGGREGATION,

L,iUjt owning (says the ilauavvacu; lime.-,; ac j p.m., tWo well-known, local laiiiit'.ij oouUiudod a deal 1 tinning over six figures minimum. Xlie buyers ami the sellers (..Mebaii Hernek Brothers.) with their agent unci solicitors wot, ill Palmeistoii .North and made iinal «irrangemeuU;. The property which is omiuently suited l'or close settlement is now appaiently lost to our iand hungry soldiers and seekers, by fulling into the bauds of two practical mon wlio will work it as a going concern. The Oporaw estate is Lwenty-five miles fiom iD.innevirke and consists oi' tiOOO acres upon which there aru no less thuu iivo lioiih',steads completely equipped as a. highly prolltiihie going -concern in about forty-live subdivisions. The tttock consists of 10,000 sheep and 600 head of cattle. A London syndicate has :n----vebtedi iibont £100,000 in oil boring work on the property. One bore is a'ready 35(H) feet diowti through p.ire papa. Work was temporarily suspended owing to the war, but the rightswlnYli wore about to lapse were recently renewed by cable from London. Tbere is a well-formed road right through the property with other grass roads to the various homesteads on it. ft was originally cut up and soldi by the Government in small blocks but being then all in heavy bush soon became aggregated. The country is mostly easy and undulating and a good portion of it is ploughable.