Page 29 Advertisements Column 4

Press, 28 November 1977, Page 29

auctions BY PUBLIC AUCTION CNR WARRINGTON STREET AND BARBADOES STREET COMMERCIAL CORNER SITE 4 SHOPS AND A HOUSE A. hi ' V / ’ (C/4/TO BE AUCTIONED IN OUR ROOMS, CNR RICCARTON AND CLYDE ROADS THURSDAY, DECEMBER 15. AT 2.15 P.M. SUBSTANTIAL FINANCE TO APPROVED PURCHASER AUCTIONEERS NOTE: A prime commercial site in two titles with a total area of 61.3 PERCHES, comprising four shops and a house. PHONE 44-149, A.H. 487-275. AUCTIONEERS. 5409

Properties for Sale I LAM, Gothic Place, $45,950. Magnificent town house in this prestige area. This ultra modern 3 bedroom unit has every possible facility. Bedrooms downstairs with spacious living area above. Double garage, separate entrance and private yard. Contact the sole agent for an appointment to view. Cedric King, of Cathcart and Turnbull, Ltd, 798-414, a.h. 51&-092, M.R.E.I.N.Z. INDUSTRIAL. $290,000. Modern tilt slab factory of 18,400 sq. ft, leased to old est. tenant who pays all outgoings so as to show a net return of 10.5 per cent. This building is located in a prime industrial area on 2 acres which is capable of further subdivision. Noel Baker 798-414. Cathcart and Turnbull. M.R.E.I.N.Z. 5461 INDUSTRIAL land, Bromley area, 14. Price, $24,500. Terms available to approved purchaser. For further information phone Kent Prier Real Estate, M.R.E.1.N.Z., 794-120. a.h, Meikle. 557-000, Coster, 41-932. 3829 ab b b INVESTMENT, Timaru. Commercial property on-prime site at 81 Evans Street, Timaru. New retail warehouse/showroom and adjacent retail shop. On long term leases to substantial tenants. Showing net return of over 11 per cent on price of $113,000. Bill Caldwell, Ltd, building contractors, Ph. 794-837 business or 849-987 private, Chch, or write to P.O. Box 1989 Chch. W4839 INVESTMENT, Salisbury St. Older type home converted into 4 fiats and flatette on a 35.4 R. 4 section. Returning approx. $6300 per annum. At the asking price of $35,000 this property Is showing an excellent re-; turn. Please phone 62-769, Binns, Barber and Keenan, Ltd, M.R.E.1.N.Z., a.h. 428-004. 4171 INVESTMENT opportunity at $25,500 to purchase a 4 bedroom older style home on a rear site that can be converted to 2 flats by closing a door. The home is neat and tidy with new bathrooms. Ph. Bill Smith, Collins Real Estate, M.R.E.1.N.Z., 488-784, a.h. 855-133. 2947 INVESTMENT flats, city, modern block of 4, returning $6,240 per annum, permanent materials, all 2 bedrooms, price $55,000. Ph. Gill Knight of Whittle Knight and Boatwood, M. Ph. 790-410. a.h. 487-275. M 7248 INVESTMENT: 5 modern concrete block shops which are leased to excellent tenants (including the Post Office). Situated in a busy suburb. Net return $4362 p.a. Price $43,000. Please Ph. W. C. Mehaiski, 798-100. extension 871, representing Smiths City Market, Ltd, M.R.E.I. N. sole agent 5415 INVESTMENT $52,100 will purchase a well constructed new factory in Bromley. Rental for initial period of lease $5362 p.a. Please Ph. W. C. Mehaiski. 798-100. ext. 871, representing the sole agents. Smiths City Market, Ltd. M.R.E.I.N.Z. 5415 INVESTMENT. Bryndwr. First day offered. 2 self-contained flats in good area, returning $55 p.w., could easily be converted back to family home, valuable 34 perch section, good chattels. $23,000. Ph. Sole Agents, Pananui Estate Agency, M.R.E.1.N.Z.. 529-455: a.h. Gordon Houston 598-029. 53113 INVESTMENT. Factory-ware-house. Situated on an excellent city site with first rate tenants, showing an 11.3 per cent return. Priced to sell at $95,000. An opportunity not to be missed. Phone David Rankin or Peter Mangos 791-049 or after hours 794-233. Pacific Real Estate. M.R.E.I.N.Z. 7858 INVESTMENT. $150,000. architecturally designed 13 year old two storey commercial building, leased long term to a bank. Situated on a very busy main thoroughfare. A unique opportunity! Prime site, prime location. prime tenant! Noel Baker 798-414, Cathcart and Turnbull, M.R.E.I.N.Z. 5461 INVESTMENT flats. Papanui Road. Substantial investment for sale. Four 2-bedroom flats, excellent returns. Mortgage finance available at 10.5 per cent p.a. An excellent location. Priced to sell at 560.000. Ph. M. Giera, 67-095 or a.h. 558-. 461. T. G. Healy and Associates. M.R.E.I.N.Z. M 8846 INVESTORS. Builders, fin. a nee available, sole agents. 40 perch chain frontage. R 4 section, Huxley Street with 2 lettable 3 bedroom houses returning $56 total per week, but easily increased. 520.000. Ph. Allan Burgess now, Jolliffes. M.R.E.I.N.Z. 66-347, a.h. 515-785. M 9515 KAIAPOI: Urgent sale at G.V. 528.500. 3 bedroom Summerhill stone bungalow, lounge, kitchen, dinette. Double garage and excellent situation. Sole agent, Coates Turnbull Real Estate, M.R.E.I.N.Z. Ph. Rga 8022. a.h. i Coates 6928. F6534'