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Properties for Sale INVESTMENT — Riccarton. Modern development with minimal management. Good leases, re-view-ed annually, with rental income of $.20,592 p.a. or 16 per cent, for a realistic price close to G.V. at $128,000. Further details from Merv. Cooper, of Geo. Anderson, Smiths City Market, Ltd, MREINZ, Ph. 66- - 979, a.h. 45-251. INVESTMENT, commercial, 7 shops, prime corner site with , outstanding capital gain; potential, • excel, returns from existing tenants. -Asking price $90,000. Full details from sole agent, Thersa Wall, David Murray Real Estate. MREINZ, 556102 any time, 33-221 a.h. 17 INVESTMENT, Merivale shop returning 12 per cent, excellent tenant with good lease. Tenant pays all outgoings. Lease also available for purchase. Ph. sole agents, R. A. Bridge, M. B. Cook and Co., MREINZ, Ph. 68-334 or home .558-278. INVESTMENT, $22,500 0.n.Q 6 Butcher's shop and Jiving premises above. Shop let $35 weekly. Flat Jet $29 weekly. Lease has 4 years to run. Garage. Car port and shed. Everest Kcal Estate Ltd, LREA, 68-532, a.h. 055-546 or 554-312. SWI6 INVESTMENTS flats. . . . Compare! 4 2 bdrm spacious units built as flats, $36,000. 2 ven?. tidy units, St Albans, substantial second mortgage avail., $16,500 (G.V. $19,000). Hereford St, •?-~ extreme Lv'. tidy units on 936 sq. metres, $17,500 (G.V. $20,500). Close Merivale Village, 3.2 .bdrm and 1 3 bdrm flats in prime location, $55,000. 5 flats, Armagh St, 537,000. These sensibly priced investments and many others avail., . the investment specialists. Allan W. Burgess, MREINZ, 792-856, a.h. 515785. 17 INVESTMENT plus. An inner city: property showing excellent current rtturns and outstanding future potential. Large apartment house divided .into flatettes returning $6500 from rents which are, well overdue for renewal. Substantial finance available. .$36,850. Ring Sirs Wilkie. Stephens Real Estate, MREINZ, 794-784, a.h. 554-561. INVESTMENT. $150,000. Sole agent offers gilt edged . commercial property, excellent' tenants. Ph. Mary Mcllroy. 796-550, a.h. 327-981, Habgood Real Estate, MREINZ. INVESTMENT. St Albans. We have a large 13yr summerhill stone 4-5 bedroom flat, island kitchen, lounge, 2 toilets, single car port, currently selling for $29,950; As property too large owners will consider selling adjoining flat similar in size double garage. Two fiats now on separate titles vacant possesion front flat. Tot?! price , $53,500 0.n.0. Ph. 856-439 or apply 17A Warrington St. INVESTMENT. Office building leased to Govt, Hereford St. $115,000. Finance , available. Ph. 841-059. MWI6 INVESTMENT opportunity, only $62,000; 4 beautifully designed semi-detached luxury 2 dble bdrm flats. Fully carpeted etc. At present let to excellent tenants'. . . but idea! for lowcost conversion . to ; owner-, ships. Own separate courtyard gardens etc. Concrete block, Decramastic roofs etc. Ph. Les Jarvis 50-868: Beaslev, Packard and Chamberlain, Ltd. MREINZ. INVESTMENT, inner city. Colombo St. Commercial prime corner site with outstanding capital gain potential, excellent returns from existing '' tenants, asking price $140,000. Full details from sole agent,. Theresa Wall, David Murray Real Estate, MREINZ. Ph. 556-102 any time, a.h. 33-221. INVESTMENT FLATS: 6 perm. mat. units in popular location, close to Hagley Park; 16%. return with possibility of conversion to ownership units. View today with owner’s agent, Theresa Wall: David Murray Real Estate., Ph. 556-102 any time, .33-221 a.h. > 18 INVESTMENT. First time offered? a truly superb block of four modern investment flats. Not a cent to spend here. Separate entrance to lock-up garages. Private northern courtyards. Very suitable for conversion to home units. Only minutes from shopping • and transport. Handy to city. $60,000. For inspection contact Brent Miles, of Binns, Barber and Keenan, Ltd. MREINZ, 62-769, a.h. 384-663. WHSI9 INVESTMENTS. • $18,600. Sound home, 5 flats, long term tenants returning $4OOO annually. Redecorated house divided 2 good flats, $17,000. Return $3300 annually. Prime position, large home. 5 flats, $29,000 plus $2OOO furnishings. Returning $65,00 annually.- All properties selling under G.V. with good finance avaialble. Low’ deposit. Una Winter 66-917 or after hours 583-492. Mercer Real Estate, MREINZ. WSM2I INVESTORS, St AJbans. 6 spacious modern flats close to the city on 100 perches of •'3 land with room to expand. Large . 3 bedroom owner's : unit. $30,000 of cheap finance available. Ideal conversion to motels. To inspect phone Jim Glass Real Estate. Ltd, 12'623, a.h. 554-258. MREINZ. 16 INVESTORS, St Albans. 2 good -flats in a bungalow home just off Bealey Ave, returning $54 p.w. - Thousands under G.V. at 516,500. To inspect Phone Jim Glass Real Estate, Ltd, 62-623, a.h. 554-258. MREINZ. - 16 INVESTORS. 6-7 year old 2 bedroom flats, city south, floor coverings and drapes. G.V; $67,000. A genuine bargain at only $58,500. To inspect phone Jim Glass Beal Estate. Ltd, 62-623, a.h. 554-258. MREINZ. 16 INVESTOR'S dream, returns $19,712 • p.a. Only $105,000 for 6 architecturallydesigned 5 year old 2 bdrm semi-furn. flats ... 3 older style flats . . . plus nicely modernised shop. All on 1353 sq ft. Excellent location just east of city. Fantastic capital gain opportunity. Ph. Bevan Campbell 62-105 any time: BeasJev, Packard and Chamberlain. Ltd, MREINZ. KAIAPOI. New settler styled cottage near completion on a sunny big 30 perch site In Golden Grove. Cash deposit of only $2OOO along with Housing Corp. Finance using the big new $24,000 loan will enable you to purchase this home with real character and style. Deluxe finish throughout with many extras. Full pr.ee with land $33,950. Ph. Enterprise Homes, Ltd, 45-139 a.h. 584-379. KAIAPOI, excellent buying, gent sale. Gillman Real Impermanent material home, comprising, 1 bedroom, large living room, all modern. conveniences, large high dry section, GV $20,000 asking only 518,000 for urtate, Ltd, MREINZ. 6552 a.h. 7033 Belfast. KING-SIZED Palace for the princely sum of only 540.000 is available in Linwood,' where you -can royally entertain your friends in‘the 50ft long lounge or supplement your regal in- ■ come by utilising the seven bedrooms. 2 sunrooms and 4 kitchens. To inspect this very different property contact the sole agent, Barry Blackmore of Drewcrys Estate Agency, MREINZ, 799-646, a.h. 891-524.

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Press, 16 July 1980, Page 43

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959

Page 43 Advertisements Column 2 Press, 16 July 1980, Page 43

Page 43 Advertisements Column 2 Press, 16 July 1980, Page 43