I think Ixion got it. A pre war Panther redwing 600. Panthers had telescopic forks from 1947. The ultra small front brake would make it around 1935. Didn't see the other side but the twin pipes and no down tube were a clue. Don't know of any sidevalve singles with twin pipes. .The side car is definitely Watsonian,
I've searched the internet and found only one Panther/Watsonian combi. in NZ. That one was in the Te Puke vintage auto barn which closed down a couple of years ago. Could be the same bike.
The Watsonian company started making sidecars in 1912 and is still going strong. The model pictured retailed at 25 pounds 10 shillings;their cheapest was 12 pounds in 1939. The 2007 models were around $3600. The bike would have cost around 50 pounds new.
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