Page 47 Advertisements Column 11

Press, 26 February 1983, Page 47

Properties For Sale ■ ■ ■ ■ INNES RD, (St Albans). Outstanding 50 perch miniestate with large modern 3-4 bdrm character home. Only $65,950 (first day offered - exclusive agency). Magnificent perm, mats home featuring extra spacious lounge with natural stone wall ‘ and open fire. Sep spacious family living-din-ing room with modern space heater. Sep. shower room etc. Top quality chattels include dishmaster etc. (N.B. Rare parkland-like setting with native trees and shrubs enhance this unique property in the heart of this sought after area.) Phone Arthur Pagan. 50-571 (anytime'. Packard. “The Professionals/' MREINZ INVESTMENT flats, close to City, showing 13 per cent return. Nothing to spend and very realisticaly priced at $87,000. Stephens Real Estate, MREINZ. Ph. 794-784 Bill Powell. INVESTMENT, or for owner occupier. 2800 sq ft of concrete block workshop plus 1000 sq ft house for offiee/showrooin on a 32 perch section on a busy main road. $87,000. Pho'ne Ford and Hadfield. Ltd. MREINZ. 797-830, a.h. 858-088. Warren Fiebig. INVESTMENT, or ideal for multi purpose offices, doctors rooms or accountants. 3000 sq ft modern and very central position. 2 storey, possession in 6 mths. Offers around $200,000 invited. Note, inspection would not dissappoint the most discerning of buyers. Sole agents Gordon Birch, at Jolliffes, 66-347. a h. 482-434 MREINZ. INVESTMENTS, we have several .commercial Investment properties for sale from $45,000 to $1 million, with good lease terms and tenants. If you are presently looking for a commercial investment. please phone Garrv Britnell 796-521. Wrightson NMA. MREINZ. INVESTMENT, $200,000. Leased to a substantial national company, inner city showroom and warehouse, long term lease, showing over 10 per cent on asking price. Details please phone 62-083. Baker Bros. Ltd. MREINZ. a.h. John Evans. 324-289. ■ ■ ■ ■ INVESTMENT. A respected well established international organisation with 20 units operating in N.Z. (15 North Island. 5 South Island), of which 18 are franchised and two are company owned, is offering one company owned unit for sale in Christchurch. The reason for sale is further expansion in the South Island. Initial rental Is based on 11.5 per cent on purchase price, with 3 year rental reviews. To conform with all other units operating in N.Z. the initial lease is for 12 years with right of renewal for a further 12 years plus 6 years. All outgoings including replacement value, insurance, rates, internal maintenance.' exterior maintenace and maintenance of car parks, gardens and surrounds are incorporated in the company lease, which makes this purchase a Blue Chip worry free investment. This once tn a life time investment, would ideally suit a company superannuation fund, family trust, insurance trust, etc. A valuation Is available to support the figure being asked, which is $400,000. To the wise and prudent investor this is the best offering made in Canterbury for years. For a complete historical dossier on the company and its offering, please phone New Zealand's exclusive sole agent, Mcßrearty Real Estate. MREINZ, 529-085 and ask for Mr Rassle. INVESTMENT. Commercial, handy Square. Well tenanted with potential, $lB,OOO per annum income, recent City Council approvals. $165,000. Robinson and Palmer (Real Estate), Ltd, Ph. 797-820, a.h. Ferriss 328-175, MREINZ. INVESTMENT. New 8500 sq ft on 65p. 1.4. Well leased to good company, 10 years ROR, 2 yr rent reviews from November 82. $19,870 p.a. nett $lOO.OO Ist mortgage. Price $198,000. Wrightson NMA. MREINZ 796-521 a.h. J. Arscott 45-760. INVESTMENT. Very attractive new factory divided in half with two sets of offices, toilets and cafeteria, full size 4736 sq ft, two sep. tenants well leased at $6600 p.q. each, nett 3 year ROR 3 years, delightful industrial subdivision. Birmingham Drive $130,000. Wrightson NMA. MREINZ, 796-521 a.h. J. Arscott 45-760. KAIAPOI. Blakeleys build the finest homes, plans drawn, finance arranged. Ph. Kaiapoi 8161 or call 117-119 Williams St, Kaiapoi. S SALE OF FREEHOLD PROPERTY SITUATED AT 145 AIKMANS ROAD, CHRISTCHURCH UNDER CONDUCT OF THE REGISTRAR OF THE HIGH COURT OF NEW ZEALAND AT CHRISTCHURCH AT the request of the First Mortgagees in exercise of the power of sale contained in Memorandum of Mortgage re'gistered in the Land Registry Office at Christchurch under No. 353400/3, Merlvale Real Estate at their Land Sales Rooms at 152 Afkmans Road, Christchurch, on Wednesday the 30th day of March, 1983, at 2.15 p.m. in the afternoon, will offer for sale by Public Auction ALL THAT parcel of land containing 480 sq m or thereabouts situated in the City of Christchurch being part Lots 6 and 7 on D.P. 622 and being all the land comprised and described in Certificate of Title volume 19F folio 816 (Canterbury Registry) being a property situated at 145 Aikmans Road. Christchurch. The property is occupied and sold subject to an existing tenancy secured by a one year lease which expires in December, 1983. Sited on the property is an older style weatherboard/brick villa with Iron roof. The dwelling comprises two livingrooms, three bedrooms, and a sunroom. It would benefit from some mafntenance and is sited in a prime position opposite Menvale Mall shopping complex. The property, is zoned residential 2. under the Christchurch City Council District Scheme. The Mortgagees' application and Conditions of Sale may be inspected at the office of the Registrar of the High Court of New Zealand at Christchurch, and at the offices of Messrs Oldham, Cullens and Co., Solicitors for the Mortgagees, 90 Hereford Street, Christchurch, during - office hours prior to the sale, and at the office of the Auctioneers at the time of the sale without payment of any fee.