Page 23 Advertisements Column 4

Press, Volume CXV, Issue 33966, 6 October 1975, Page 23

Properties for Sale — — I COMMERCIAL INVESTMENTS $165,000 RETURN 10.2%. Extremely long term lease, 3 1 year stays. Tenant of highest calibre. Development completed March next. $133,000 RETURN 10% GUARANTEED. Central city, pre- s leased, 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. i FURTHER DETAILS FROM R. B. McKENZIE of R.M. DEVELOPMENTS, PHONE 50-972 BUS., A.H. 39-958. W2317

ILAM, by Maidstone Road. $40,000 with substantial mortgage available. Completely private rear section of 51 perches with trees. A permanent material home with real character . and in faultless condition. Gracious 24 x 13 lounge, separate living room plus sunroom opening to large sundeck, 2 double bedrooms plus large sleepout with power, modern kitchen and adjoining dining area. Top quality carpets throughout. Peaceful surroundings. Ph. Holland of Warwick Todd. Ltd. M.R.E.1.N.Z., 67-246 or a.h. 584-290. 2850 INVESTMENT flats. Modern Summerhill stone block of five. All let to good tenants. Great situation, north of Bealey Avenue. $72,500 or nearest offer. $lO,OOO second mortgage is available. Contact Mahon at phone 62-7691 or a.h. phone 41-747. Binns, Barber and Keenan. Ltd. 2826 INVESTMENT. Large older home plus workshop on valuable 46 perch R 3 section. ideal for redevelopment. Property let for $4O per week at present. Substantial short term finance could be available. Phone Jim Mawdsley, 887-059. A.H. 884-869, Mercer Real Estate. East, M.R.E.I.N.Z. 54648 INVESTMENT, $13,500 buys this large 3 bedroom house on valuable 24 perch R. 4 section. Soundly constructed and returning $25 per week, could easily return more. Phone Terry Jackson, 68-199, Landsdown Property and Estate Co., Ltd, M.R.E.1.N.Z., a.h. 524-295. 5701 INVESTMENT. Attractively designed 5228 sq. ft factory/ warehouse to be completed before March 31 on approx. 30 perches in a prestige

at) perches in a prestige area. Guaranteed initial return 11 per cent nett. Price $65,000. This is a particularly sound proposition in all respects. Please ph. Land Dept, Smiths City Market, Ltd, M.R.E.I.N.Z. Phone 71-859, Ext. 709. 5710 INVESTMENT flats. First time offered. Sole agents. Exceptional opportunity! Ten two-bedroom modern, permanent material investment flats in excellent letting area. Fully carpeted and each complete with washing machine, fridge, blinds and carports. Extremely tidy and exceptionally well maintained. Great value at $llO,OOO. Phone now. Allan Burgess, E. V. Jolliffe and Co., M.R.E.I.N.Z. Ph. 66-347. A.H. 515-785. M 5120 INVESTMENTS. Shops in ciyt, 5 new shops on unit titles, all tenanted in good area. StlH an opportunity to purchase new prestige warehouse/factories of various sizes close to the Town Hall. Also tenanted factories at $BO,OOO and $65,000. Phone 62-538 Paslev Real Estate, M.R.E.1.N.Z., or Keddell 517-557. 54946 ■■ ■ ■ INVESTORS, Lawrence St, Linwood. Immaculate 2 bedroom cottage on valuable 20 perch R.2 section. Would let at $3O p.w. Real value at $13,500. Contact sole agents, B. D. Greening and Co.. M.R.E.I.- • N.Z. Ph. 50-110. a.h. 389-954. X2002 INVESTORS, Developers, Fen- ' dalton, Hamilton Ave. We I have just listed a tremendous 57 perch section with a large three double bedroom residence. This is an ideally ' suited site for subdivision and represents great value at $42,000. Please Ph. Peter Broughton, Christchurch Real Estate, Riccarton Branch, 488-049, after hours 899-196. M.R.E.I.N.Z. F 3086 ■■ ■ ■ LINWOOD, near the park. A delightful home, 27 years old, $25,850. Look at the section size, nearly 60 perches, with 2 garages. Comfortable 3 bedroomed home with large lounge (23 x 15), and marble fireplace. Separate dining room. Super modern kitchen and bathroom. Valuation report available. Please Phone Arthur Moffatt of Sherris and Robertson. Ltd, 50-039, A.H. 554-111. M.R.E.I.N.Z. ■■ ■ ■ LINWOOD, Mathesons Road, only $17,500. Large lounge plus cosy living room. 3 big bedrooms and large sunrom (could be fourth bedroom). Bath and separate shower. ' Dual hot water. This is a fine old family home with only minor decorating re1 qulred. Phone Arthur Moffatt of Sherris and Robertson. Ltd, 50-039, A.H. ’ 554-111. M.R.E.I.N.Z. 2797 LOWER CASHMERE. A lovely i 3 bedroom weatherboard home on large well planted section. Spacious lounge with open fire. Private ! sunny terrace, quality floor coverings, double garage i and many more features. ■ Priced to sell at only $38,000. Phone Don Gutrv, . 488-366, a.h. 893-399. Christ1 church Real Estate Ltd, . M.R.E.I.N.Z. 9059 • LYTTELTON. Small antique, - neat colonial cottage, approaching 100 years, consisting of three bedrooms. 2 bathroom and large kiti chenette/dinette. Flat 20perch section. Only' $8250. ’ First day offered. F. I. J Sutton. M.R.E.1.N.Z., Lyttel- ' ton’s Real Estate Agent. Phone Lytt. 8403 office hours. 55009 ’ LYTTELTON. Only 150 yards ’ off London Street, handv , square type home consisting of four rooms and sunroom, electric stove and hot water. 19-perch section. Good harbour view. ’ $7750. F. I. Sutton. M.R.E.- ’ 1.N.Z., Lyttelton's Rea! Estate Agent, Ph. Lett. 8403 office hours. 55009; LYTTELTON, $24,850. Abso-! lutely immaculate through-! out, this 3 bedroom home! ! is set on a delightful 76 perch section. Large sunny j ■ lounge and modern kitchen, adds to the attraction. Won-; derful panoramic views of! i hills and harbour. Phone ; now 66-704. Cathcart and , Turnbull. Ltd. M.R.E.1.N.Z., after hours Mrs Macllroy, ! 7041 Rangiora.