PROPERTY SALES.

Wairarapa Age, Volume XXXI, Issue 9045, 11 March 1908, Page 6

PROPERTY SALES.

Messrs Longdill and Co., land agents of Taihape, report having during the last fewi weeks disposed of the following properties:*— 5-roomed house and J acre section, the .property of Mr Hedges, Taihape, to Mr Mortensen; £ acre section, Taihape, the property of Messrs Emerson and Todd, to Mr F. W. Somerville; I acre, Taihape, Mr Anthony Nathan to Messrs Brown and Co., sawmillers; 384 acres, freehold, Wade, Auckland, to Messrs Hagger Bros., of Taihape; 193 acres dairy farm, Inglewood, lease with purchasing clause, to Mr 0. Burr; goodwill and furniture board-ing-house, Taihape, to MrsFraser; 650 acres, Ohura, Mr D. Lewis, to Messrs J. McDonald and H. H. Rule; 108 acres, Taihape, Mr 0. H. E. Vette, to Mr W. H. Hyde; 614 acres, To Kuiti (in conjunction with Mr Lorigan) the property of Mr R. B. Carpenter, to Mr J. Francis, of Hunterville; 404 acres, Te Kuiti, Mr Gibson (in conjunction with Mr Lorigan), to Mr J. Francis, ot Hunterville; 1,207 acres, freehold, (and 100 acres leasehold, with right of purchase), Shannon, Mr J. Bartholomew, of Feilding, to Messrs Archer Bros., of Palmerston North. Messrs Longdill and Co.'s new catalogue is an exceptionally well got up production of 46 pages, and contains a splendid list of properties, and we would recommend everyone in search of land to send for a copy. Messrs Longdill and Co. are now endeavouring to float a company, with a capital of £IOO,OOO, to purchase Maungataniwha, an estate of 36,140 acres freehold land, which is reported to be of excellent quality, situated in the Wairoa district, Hawke's Bay. The price of this property with all stock, comprising 5,500 sheep, several hundred head of cattle, and horses, and station plant, is £50,000 (less than 28s per acre), of which only £20,000 will require to be paid in cash, shares being accepted in the proposed company for the balance. The remainder of ttie capital of the proposed company will be devoted to improving and stocking the whole estate, and when all improved, Messrs Longdill and Co.'s calculations show that it will yield an annual dividend of over 25 per cent, on the capital invested.