Page 28 Advertisements Column 10

Press, Volume CXV, Issue 33962, 1 October 1975, Page 28

Properties for Sale COMMERCIAL INVESTMENTS $165,000 RETURN 102%. Extremely long term lease, 3 year stays. Tenant of highest calibre. Development completed March next. $133,000 RETURN 10% GUARANTEED. Central city, preleased, long term lease. Rent reviews 3 yearly. Development will be complete February. An attractive capital gains proposition. FINANCE REQUIRED FOR A JOINT DEVELOPMENT outside Christchurch. The developer requires $500,000 to develop a pre - leased complex. The financier will receive 12% interest on progress claims plus 40% of profit on sale of the complex. Finance to be secured over the property and development. FURTHER DETAILS FROM R. B. McKENZIE of R.M. DEVELOPMENTS, PHONE 50-972 BUS., A.H. 39-958. W2317

ILAM. Architect designed residence built by craftsman builder in coffee brick with Decramastic tile roof on neat corner site. Entrance hall, dining room and lounge have steep pitched beam ceiling, dream kitchen, three double bedrooms. Garage 28 X 25. Unique colonial styling. $67,000. To Inspect please phone Rosalie Henaghan. Whittle, Knight and Boatwood, M.R.E.LN.Z., 44-149; a.h. 327-644. T 2590

■■ ■ ■ ILAM. In quiet street close to Medbury. Excellent 14-year-old brick home, lounge 22ft x 14ft with feature, open fireplaae with sunroom off, 12ft x 9ft, make excellent studv, dining-room 14ft x 12ft, kitchen 12ft x 10ft, and three large bedrooms. Note the sizes, 18ft x 14ft, 18ft x lift and 12ft x 10ft. Loads of bullt-lns. Bathroom and separate shower room Double garage. Delightful easily kept garden of 28 perches. House insulated, also central heating. $42,000 0.n.0. E. V. Jolliffe and Co., M.R.EJ.N.Z., Ph. 66-347; A.H., Ken Holliday, Hsl 8067.

ILAM. A most appealing executive style bungalow, situated on delightful private 36 perch rear section, approx. 1900 sq. ft, emphasising spacious accommodation throughout. 3 bedrooms plus 25ft x 13ft games room or 4th bedroom. 16ft x 15ft living room communicates between kitchen and large entertaining lounge, which features bay window and offers pleasant view of garden. Fully automated laundry must appeal. Best quality carpets, drapes, light fittings, double garage, caravan port, play hut, $49,750. Simes and Co. Phone 64-347, 585-946. M.R.EJ.N.Z. INNES ROAD. Older style 3bedroom and sunroom ■; family home on subi divisible 43.5 perch section. ' Redecorated throughout, new carpets, eye-level I oven. Block garage. Asking price $24,000. Ph. Bundy. 68-969 anv time. Michal Smith. M.R.E.LN.Z. INNES RD, $26,000. Close to Roman Catholic and high schools. Spacious - weatherboard family home with three bedrooms and a large lounge and living-room. Carport and garage. Phone Andrew Smart, Bohnenn Real Estate. M.R.EJ.N.Z., bus., 40-753, a.h. 890-088. INVESTMENT, 3 self con-1 tained flats, returning $3OOO per annum on valuable 20 perch R2 section, $25,000. Phone B. Mullaly 60-530, Jones for Homes, M.R.E.LN.Z. INVESTMENT: 4 self contained flats, returning $92 weekly, handy to the city and a stones throw from Park Tee and the Avon River. Each has a new concrete block lock-up garage, complete privacy and a quiet garden setting. $45,000. Menzies Manson Construction, Ltd. Phone 487-674 any time. F 9559 INVESTMENT. First day on market! St Albans. $1'4,000. Older bungalow on desirable section just off Springfield Road. Contains two large bedrooms, separate dining-room, spacious kitchen/dining. Lounge fac- ■ ing the street. Good carpet. Good letting proposition. Sole agent. Simes and Co., Ph. 64-347. M.R.E.1.N.Z.; A.H. 585-946. IN VE STME NT. Commercial. Retail premises of approx. 5000 sq. ft in choice position In large shopping centre, close to city centre. This is a very desirable property at present leased to well known retailer for just over $ll,OOO per annum. Lessee is responsible for rates, insurance and interior maintenance. An ideal worry-free investment at $115,000 but will show an even greater return when rent is reviewed In 12 months time. For further details please phone sole agent, Ivan Kelly. 67-095, or A.H. 892-363. T. G. Healvs, M.R.E.I.N.Z. W2796 INVESTMENT, Peterborough Lane, quality central city industrial complex, available as investments on 20 per cent dep. Prices range from $45,000, all inclusive. Sep. unit titles. Financing for three years. To view presentation, ph. James Melville, David Kennedy Real Estate. M.R.EJ.N.Z. 77-500 any time. W2373 INVESTMENT. Shops in cltv. Five new shops on unit titles. Ideal for small or large investors. Very well tenanted. Good area. There is still an opportunity to buy new prestige factory/ warehouses in Peterborough Street. Also a tenanted factory for $65,000. Ph. 62-538. Pasley Real Estate, or Keddell 517-557.: W29921 INVESTORS! Sound 4 bedroom home, with excellent] floor coverings, etc., on 20; ' nerch R. 4 section near; Christchurch Women’s Hos- ! pital. Returns $44 p.w.) Please phone Alan Candv. , E. V. Jolliffe and Co., Ltd,! M.R.E.LN.Z., 66-347. A.H. I . 859-259. 58621 INVESTORS, St Albans. Older! type home in 2 furnished I ■ s.c. flats with 9 years old! i 3rd flat at rear of section., Returns $6O/$7O p.w. $25,000. Contact Beltons, M.R.E.LN.Z. 68-159, A.H. Mrs Mercer 555-635. KAIAPOI, buying or selling anj- type of property, just phone George Jones. McBrearty Real Estate 50-689, A.H. 517-621, M.R.E.LN.Z. KAIAPOI, in a rural setting and outlook. Neat home of 2 bedrooms and sunroom, lounge with open fire and spacious kitchen-dinette, on neatly established half acre section with sound garages and outbuildings. Excellent opportunity to purchase a country home handy to Christchurch and only 15 minutes travelling' time to eity centre. Price $32,000. Contact P.G.G., Ltd, Real Estate, M.R.EJ.N.Z. Phone Graeme Woodley 65-669, a.h. 557-110, KAIAPOI. $22,000. Three-bed-room concrete block dwelll ing, all conveniences. Gar- ; age. sleepout. Very tidy. ' Best handv position. Devlin i Rangiora. M.R.EJ.N.Z. Ph. I 8829 Rangiora. 7860