Page 49 Advertisements Column 7

Press, 29 March 1980, Page 49

_ Auctions SIHS IMPORTANT PUBLIC AUCTION ■-IVESTMENT OPPORTUNITY WEST MELTON i-t 7 lot 2 CHOICE LOTS EACH 8 HECTARES (20 ACRES) UN ACCOUNT: THE VENDORS FRIDAY, APRIL 18, 1980, AT 2.15 P.M. IN OUR CASHEL STREET AUCTION ROOM THESE ATTRACTIVE BLOCKS have an unexcelled view of the Alps and are watered by county race. LOT 1: Frontaging Hoskyns Road and 'comprising 8.0941 Hectares. LOT 2; Frontaging Alpine View Road and comprising 8.0943 Hectares and adjoins Lot 1 at the back. PLEASE NOTE: We shall first offer both lots for sale as a unit and if they do not reach the reserve they shall then be offered for sale separately. TERMS: 10 per cent deposit plus stamp duty on the fall of the hammer with The balance in cash on date of vacant possession. POSSESSION DATE: May 23, 1980, For full details please apply: PYNE, GOULD, GUINNESS LIMITED, Real Estate — Christchurch. S29R. SHERRIS&B9BERW LIMITED AUCTIONEERS MREINZ INVESTMENT . with 50 per cent Vendor Mortgage CITY COMMERCIAL SELF MANAGING IDEAL TENANTS ALL EXCELLENT CALIBRE POTENTIAL INDISPUTABLY GILT THRU STREET FRONTAGES A rarity opportunity for the moderately p investment. 166 TUAM STREET Tenanted by principal Company used car sales and private car parking off rear Mollett Street. TO BE SOLD By Public Auction in our rooms, Epworth Chambers, 176 Hereford Street, on FRIDAY. APRIL 18 AT 2.30 P.M. For the vendors, an investment partnership, now retiring and realising. Superbly situated just west of Colombo Street with thru frontage to Mollett Street, within, a stone’s throw of the former Millers Ltd, building, soon to be our city’s new Civic Chambers, with all its generated commercial influence and “tramp of feet,” the current merits are real as is the potential growth value. With its through frontages, the land has area of 655 sq m, "presently comprising permanent parking for 20 cars off Mollett Street, and fronting Tuam Street, a used car sales lot, recognised as one of the most successful in the central city area and tenanted by a long established and widely respected motor dealing company. ANNUAL INCOME $9780 VENDOR FINANCE Subject to prospective purchasers arranging prior approval, the Vendors will leave up to 50 per cent of the price realised on Ist mortgage for 3. years at interest just 10 per cent p.a. Call our Commercial Division for further details and inspection. SHERRIS and ROBERTSON Ltd, The Auctioneers 176 Hereford Street, Phone 792-l2 n Fendalton Mall Office Phone 517-057 Partnership Solicitors: DUNCAN COTTERILL and CO. Sl2 AUCTION AUCTION QUEENSTOWN QUEENSTOWN 15.5930 hectares (38 acres) 2 roods, 5 poles, on 4 titles, zone deferred residen- . tial, situated on Frankton — Queenstown highway. This valuable property commanding magnrcent views of the lake and mountains is offered for sale by public aution. The property will -be offered in 1 lot. and upon failure to reach the reserve, will be offered in their 4 separate titles. The above property will be offered for sale by Wrightson N.M.A. Real Estate in conjunction with R."C. Cook Ltd at 2 p.m. on Friday, April 11, 1980, in the Memorial Hall Queenstown. Vendor’s solicitor: Anderson, Lloyd and Jeavons and Co. Dunedin. Wrightson John Newman Phone 883 Arrowtown Tony Elder Phone 1189 a.h. 997 S 5