ORUAMATUA LAND SALE.

Taihape Daily Times, Volume XI, Issue 3442, 23 March 1920, Page 4

ORUAMATUA LAND SALE.

._e_-*_-_,._ e__n_Next Szrtllrday the Oruamatua «Estate is being offered for sale in areas large enough, for any farmer to earn for hlirrlself and his family a high degree ltof success and competence. It is {stated by an independent expert that ‘it would -be impossible to diVid‘3 the 323,000 acres of land into nine farms :more effectively, givirig a fair, just }proportion of flat and ploughable land to each. The terms of sale are remarkably easy, nmkirrg it possible for men of limited capital to secure a well-proved t‘arnl. land that has by no means reached the zenith of its producing capacity, at a price that no fall in nla.rlrets can render unprofitable. It is undeniable that prices of dairy produce will fall to much below what they are at present, then what must become of fal‘nlo:‘.°~ who bol‘rQWed to go 011 land at from eighty to one hundred P0l"1dS an acre? No man takes any risk in buying the Ornametua. land at from five to fifteen pounds an acre, but we have not the remotesrt: idea What Messrs Lowry and Watt expect to get 1301' it, we only know that-‘ it Will be SOl5 if it Price equal to thatl at which it was offered to the Gov~‘ ernment is forthcoming, Of course, a? fine opportunity is presented in the disposal of this estate for the land speculator, as it is certain to increase: in value in the Very near future. It‘ is only fifteen miles froln Taihape; f the main road through Moawhanga to~ Napier passes right through the cen-1 tre of the estate, and the country is! remarkably well watered. The main‘ road to ‘Napier is shortly to be met-

alled and a bridge put over the Rangitikei river ,the road»-is also to be metalled on the Hawke’s Bay -side, en}s‘uring a considerable traflic from the ‘I-lawkefs Bay side into Taihape to the Main Trunk Railway. To those who do not know the Oruamatua land very well we would say that the day is well-remembered when. it was freely stated that Taihape land was not worth half-a-cr-0-wn a mile, people know better now, but to see that same land selling readily today at from twenty to forty pounds an acre irust raise an uncanny feeling in those oldtime appraisers. This fully discloses how unreliable the land pessimist can be. 011 the Orouamatua land nearest to Taihape it cannot be denied that no better crops of oats and roots are grown anywhere in the district, and it will be worth while for any man who is thinking about la.nd to be at the sale, in Taihape, next Saturday, for there may be bargains that are rapidly passing beyond the realm of possibility in this country.