Page 34 Advertisements Column 11

Press, 23 June 1986, Page 34

Properties for Sale INVESTMENT GOVERNMENT TENANT NEW building with guaranteed tenant returning 10 per cent. Long lease. Excellent situation. $700,000. Phone Margaret Kershaw, HARCOURTS, MREINZ, PHONE 796-596; after hours 855-154. INVESTMENT PROPERTIES 52.5 M. Central city commercial, well leased. $1.05M. Central city office block returning 9 per cent per annum, commercial tenant. $515,000. City retall/offlce block, 9 per cent. SI.IM. Industrial warehouse, 25,000 sq ft, vacancy possession. $450,000. Central city development site. $525,000. Industrial showroom, Moorhouse Ave. For further details phone 791-417, ROBERT BROWN REAL ESTATE, MREINZ, AFTER HOURS CHRISTELLE SIGGLEKOW, 790-854. INVESTMENT shop. I have 2 blocks, both are in strategic locations, and range between $540-$580,000. Both are rully leased and show 10 per cent nett return. The buildings are also constructed in thee very latest permanent materials. Phone Noel Baker 797-557 any time. Prime Real Estate, MREINZ. INVESTMENTS Sydenham, 9000 sq ft $325,000 City, 25,000 sq ft $420,000 Sydenham, 4500 sq ft $230,000 City, 5850 sq ft $455,000 Sydenham, 7100 sq ft $240,000 Office block, 3 storey $1.25 Motels, 12 units $950,000 For Information on these and others available phone 794-120. |g|PRIER N UWJN MREINZ Lyn Sparks INVESTMENTS sl2o,ooo—lndustrial Sale or Lease. slBs,ooo—lndustrial, excellent tenant, good lease. s24o,ooo—lndustrial, well leased, excellent growth. s9oo,ooo—lndustrial complex, excellent location. $1.2 million—Commercial building, central city. For further details on these and others please Phone Ted Robinson 790-410; after hours 582-157. ?WhibbleKnighb&> ißoatwoodltd.Hr INVESTMENT two adjoining commercial offices and warehouses In Rangiora leased to sound tenants, returning $16,000 to increase November 86. Asking price $160,000. Call Dunbar Topp, MREINZ, 556-082, Bert Vlettone, a.h. 524-657. INVESTMENT warehouse, leased to substantial tenant for 8 years with 2 yearly rent reviews with all out-goings paid by tenant. This new concrete constructed building contains approximately 5350 sq ft of office, showroom, warehouse which is located in one of the best leasing areas of Chch. Annual rental $33,000; priced to sell for $330,000. Full details from Sole Agent, Pacific Real Estate, MREINZ, phone 791-000. P. Mangos. INVESTMENT, $120,000. Modern tidy warehouse, In immaculate condition, total area 37005 q ft, leased for 3 years aat annual rental of $12,950. Nett of all outgoings, sound buying, ph. Noel Baker, 797-557 any time, Prime Real Estate, MREINZ. INVESTMENT, $185,000. Moorhouse Ave, new tittslab prestigious archltectually designed warehouse of 25005 q ft, plus landscaped carparking. Leased on 10 per cent nett return to major company. Sole agent, ph. Noel Baker, 797-557, any time, Prime Real Estate, MREINZ. INVESTMENT, $345,000. New superb architectural design tilt slab warehouse with brilliant showroom, total area of 5000 sq ft, freehold title, located close Moorhouse Ave, in a prominent position. Fully leased, phone Noel Baker, 797-557, any time, Prime Real Estate, MREINZ. INVESTMENT, $525,000. Particularly exciting design new warehouse, showroom, building located in Christchurch’s busiest main thoroughfare, being on a corner site facing north with substantial tenant showing 9.53 per cent nett return. Nine carparks plus landscaping. Phone Noel Baker 797-557, any time, Prime Real Estate, MREINZ. INVESTMENT, $825,000. Buy tomorrows security for your family today! Imposing modern tilt slab warehouse of 25,0005 q ft with gleaming offices and showroom. Prominently sited on major expressway. This outstanding building is leased to one national tenant who pays all outgoings to show 10 per cent nett return, phone Noel Baker 797-557 any time, Prime Real Estate, MREINZ. INVESTMENT. Industrial 3700 sq ft, leased for 13 years. Rent review next year, every two years thereafter. Priced to sell at $129,000. Excellent investment. Phone Rex Mercer 898-638 or a.h. 27-8044 Mercer Real Estate, MREINZ. INVESTMENT. Suburban shops, fully leased, 4 shops ' Including post office with ten year leases and 2 shops with 6 year leases. Rent reviews, 2 yearly, these are modern, attractive shops on a busy main road with onsite car parking. Priced to sell at $531,000 with a net return of 10 per cent per annum. Full details from owners agents. Telephone 791-000 Peter Mangos, Pacific Real Estate, Ltd, or 796280, David Rankin (pvte 383981), H. G. Livingstone, Ltd, MREINZ. INVESTORS Durham St. north, an excel. 2 flat proposition, owners unit has 2 spacious bdrms and in excellent cond., large mod. double garage, rent’s $165 p.w. at present, asking only $59,950. Details from sole agent, Jim Real Estate, Ltd, 794135Tfinytime, MREINZ. 1