Page 63 Advertisements Column 6

Press, 31 May 1986, Page 63

Properties for Sale

INNER CITY, overlooking Cranmer Square, 2 storey townhouse, large lounge, sep. dining room, 2 bedrooms, excellent kitchen, bathroom and sep. shower room, double garage, 2 sun balconies, sun all day, brand new, 10 per cent deposit, balance 1986. Landscaped, decking, fenced, paper own choice, top quality appointments, 1500 sq ft. $lBO,OOO. Wrlghtson Real Estate, MREINZ, ph. 796-521, a.h. Jim Arscott 485-760. INVESTMENT, a mere $805,000, beautifully set up office and warehouse, new building plus further development demanded by world wide distributors, 1 tenant the lot, call Clutha Halliday Real Estate MREINZ, Clutha Halliday 65-642 any time. INVESTMENT, Armagh St. Fabulous 3 dble bdrm renovated cottage, would be ideal for rental as so close to city and only at $49,950. Ph. 794784, Raewyn Newnham of Stephens, MREINZ. “♦ ““i ~ INVESTMENT, Carlyle St. An excel, opportunity to purchase a concrete block single level factory In excess of 5500 sq. ft. Excel, lease for further 10 years. Showing 13 per cent return at $165,000. Warwick Todd, Ltd, MREINZ, 799-910 a.h, Cuzens 556-495. INVESTMENT, flats, excel, block of flats in prime position, Rlccarton, total of 15 bdrm, gross $490 wkly. All furn. $168,000. Contact Perry Berry, Wrlghtson NMA, MREINZ, ph. 796-521. INVESTMENT flats, Merivale, Rugby St, 4 flats, rental $17,420 p.a., only minutes from Merivale Mall, excellent returns, genuine enquiries only, $162,000, Robt McCormack, Harcourts, MREINZ, 796-596, a.h. 556439.

INVESTMENT FLATS FOR TENDER 28 Gracefield Avenue Christchurch THIS 2 storey building was built in 1936, of double brick and plaster exterior construction, with galvanised iron roofing. It consists of 8 one bedroom and 2 two bedroom self contained units, a communal washhouse, and one garage. The building is in excellent exterior condition having been maintained throughout its life. The interior of the units is in very good order, with all but one of the units being furnished. The property is situated on 25.7 perches of Residential 4 land and the present use complies with the District Scheme. It is Ideally situated for people requiring flats within easy walking distance to the square. This property is for sale by Tender; tenders documents and an appointment to inspect the premises are available by contacting: P. N. COTTER, 110 Bealey Avenue, Christchurch Phone 60-935, a.h. 558-759 INVESTMENT, Main St shops with excel, tenants showing 12W per cent return. Rent review. April, $220,000. Ph. Margaret Kershaw, Harcourts, Ltd, MREINZ, 796-596, a.h. 855-154. INVESTMENT, major public company long term tenant. Prominent corner site and location handy rail. Factory warehouse complex and long term lease. Tenant pays all outgoings, rent $41,160 per annum. Price $410,000. Simes and Co., MREINZ, 790-604, a.h. D. Sutton 489-182.

INVESTMENT NATIONAL TENANT NEW Industrial building, 25,000 sq ft. Shows 12 per cent return. Excellent lease. $700,000. Ph. Margaret Kershaw at Harcourts, Ltd, MREINZ 796-596 a.h, 855-154. INVESTMENT opportunity, bargain buying. Block of four 1 bedroom older style flats, can be purchased together or seperately, located In Rlccarton, walking distance to Mall. Excellent value at only $135,000. For further details phone Michelle Hammett, 62-972 a.h. 516-839 Wing Real Estate MREINZ. INVESTMENT OPPORTUNITY Queensland, Australia 4848 sq m commercial land, Noosa area. sAust26o,ooo. Contact: Mr L. Cox, “Saltram,” Eglington, N.S.W. 2795, AUSTRALIA. Phone (61 63) 37-1308. INVESTMENT, property In 2 flats In Linwood, large 3 car garage carvan height, suitable contractor, great buying at only $45,000. Phone Judy Parrott 67-095 anytime Glera Real Estate MREINZ. INVESTMENT, prime position in busy shopping centre. Older but very solid and substantial premises adjacent supermarket, post office and bank. Long estab, successful tenants, 3 shops plus hall and off-street parking. Long term leases, returns over $31,000 per annum, price $300,000. Simes and Co. Ltd, MREINZ, 790-604, a.h. D. Sutton 489-182. INVESTMENT property returning $23,400 p.a., lease has 14-months to run with right of renewal of 2 plus 2, 64perch car sale site on Ferry Rd, 2 offices, large workshop with hoist, compressor, tyre changer, etc. Full security fences, $165,000. Will trade motor vehicles, boats, caravans or cheaper property. Substantial first mortgage at 16 per cent if required. Phone 86-803 Nelson a.h. 79787 Nelson, or write to Advertiser, 453 Waimea Road, Nelson. INVESTMENT Rlccarton, near new 3000 sq ft office complex, this complex is fully leased with car parks returning $23,388 per annum, total price $218,000, further details. Ph. Brian Smith, 790246, a.h. 556-176, Neumann Estate, MREINZ.