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and some miles beyond. Tbe Town Sections now offered are quite equal, if not superior, m position to those which at the sale of the other part of the town a week ago realised*' from £30 to £120 the quarter-acre. On the Suburban Sections, which lie along the Kiwitea stream, are to be found some of the finest clumps of totara m the country. One large saw-mill is now being erected two miles north of this town, and Cheltenham must be the centre of a large timber trade, which the extension of the Kimbolton road is rapidly developing. V.The Village of Stanway. This ..village comprises 24 small sections. It is situated at the junction of the Stanway and Makino roads, two of the main metalled roads on the Manchester Block. The whole of the country round this village being occupied, an opportunity is offered, by the subdivision and sale of this reserve, for the sawmill or other laborers about to make a convenient freehold homa for themselves. The land is clear of bush, and as the village of Stanway is at the junction of the three metalled roads leading to Halcombe, Feilding, and Marton, it is a favorable situar tion for a store, a blacksmith's shop, a carpenter, and a few other tradesmen. Plans of the several blocks may be obtained from Mr. C. P. Powles, Hunter street, Wellington ; or if applied for by post or telegraph to Messrs. Halcombe and Shbewill, Feildiug, will be forwarded by first post free to any part of the Colony. TERMS OF SALE. -1. Cash, by which is meant a deposit of 10 per cent, on fall of the hammer ; tbe balance payable at any time within twelve months, and bearing interest meauwhile at 7 per cent. ; but no interest will be charged if the balance is paid within six months. 2. Deferred payment. Most of the ruraUand, excepting some spucial •timber blocks and some of the larger suburban blocks, may be taken up by the purchaser on deferred payment, m the form of lease, with right to purchase. The terms will be 25 per cent, added to the price bid at auction, and payable on ; 3otb June, 1884, or at any previous time ; and meanwhile bearing a rental at the rate of 5 per oent. on this purchase money; the rental being payable half-yearly, m advance, For example, a block for which a cash price of £4 per acre is bid at auction, the deferred payment price will be £5 per acre, payable on 30th June, 1884 ; the rental os. per acre, of which 2s, 6d. must be paid at the fall of the hammer. All titles are under the Land Transfer Act, and can be given within a week after the payment of the purchase money. The Auctioneers oan confidently recommend the : above lands, or an^ of ' them, as certain to be profitable investments. The character of the Corporation colonising arrangements is now sufficiently' well known to be a guarantee to purchasers that all the country' m their neighborhood will be thoroughly opened by roads, and bona fide settlement promoted m erery possible way. The lands now newly opened and offered for sale are quite equal m position and quality to any other part of the Feilding Block, and: there can be no reasonable doubt . . that the same rapid and successful settlement will take place on • this part! 'of": Tthe block as has resulted from the Corporation operations fi Feilding and Halcombe. Efforts will be made to arrange with f) the rail way authorities tor special 'facilities being offered to- purchasers from Wanganui and intermediate stations on the day of sale. For* the week before *he sale- one or- two coaches wiU b'ii run daily from Feilding to Ashhurst,. and also to Cheltenham* by the. new road, and every facility will be afforded to intending purchasers to visit £e4 insect the different blocks.

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https://paperspast.natlib.govt.nz/newspapers/MT18790315.2.16.5

Bibliographic details

Manawatu Times, Volume III, Issue 35, 15 March 1879, Page 4

Word Count
651

Page 4 Advertisements Column 5 Manawatu Times, Volume III, Issue 35, 15 March 1879, Page 4

Page 4 Advertisements Column 5 Manawatu Times, Volume III, Issue 35, 15 March 1879, Page 4

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