Page 59 Advertisements Column 6

Press, 4 February 1987, Page 59

Properties for Sale INVESTMENT, Papanut Rd. Opportunity, approx. 1263 sq m, zoned R 3, two properties to be auctioned as one lot, Thursday, Feb. 19. Consists of large 2-storey, 5 bdrm family residence plus renovated house in 2 s/c flats returning $2OO p.w. Fantastic redevelopment or first class investment.' 90-day settlement available. Enquiries to Craig Prler, at Kent Prler Real Estate, ph. 794-120. ______—— INVESTMENT properties in all price ranges urgently required by our many buyers. Please call our specialist Commercial and Industrial Division, Sherris and Robertson, Ltd, MREINZ, 792-120, a.h. Phil Alexander 515-812 or Brendon Nally 517594. INVESTMENT returning 24 per cent' on asking price of $175,000. Ph. Sally Sheenan, 67-297, anytime. D. J. Visser Ltd, MREINZ. INVESTMENTS CITY, light Industrial, lease to substantial tenant, returning $16,500 p.a. nett. Rent review December 1987. $165,000. ST ASAPH STREET, 6x6 lease, 2 yr rent reviews, 10,000 sq ft factory warehouse, returning $30,000 p.a. nett. Next review December. $300,000. MOTELS, 14 units on main thoroughfare, excel, returns, room for expansion and Improvement. $535,000. CITY commercial building, close Cathedral Square, fully leased. Excel. returns. $1,550,000. Valuation report available. SYDENHAM, near new factory warehouse returning $20,800 p.a. Asking $200,000. Further particulars: Phone 791-417 Dennis Kennard 481-078 a.h. Peter Rookes Ranglora (0502) 5983 a.h. Commercial and Investment Department. INVESTMENTS, factory warehouses. Fully tenanted 8500 sq ft, $250,000. Factory 4000 sq ft $120,000. Factory warehouse, Govt tenant 6500 sq ft $185,000. Warehouse 12,000 sq ft, 2 tenants, $330,000. Phone Binns, Barber and Keenan, MREINZ 62-769 a.h. 556-551, Archibald. INVESTMENT suburban hotel and tavern on main arterial road, fully leased, long term returning In excess of 10 per cent nett. Suitable to Institutional or corporate Investor, for Its value content and accountable high yield and capital Increase. Genuine Inquiries only to Dunbar Topp MREINZ, 556-082 Bert Wettons a.h. 524-657. INVESTMENT suburban shop leased to semi Government Agency In busy village centre, floor area 60m sq (6465 q ft), tenant pays all outgoings, rental review November, currently s46Bopa, price $45,000, Simes and Co., MREINZ, 790-604, a.h. Dave Sutton 489-182. INVESTMENT, Sydenham, new prestige 1650 sq ft showroom/warehouse to be built on north-facing site. Sult owner occupier, $llB,OOO. Flebig and Associates, MREINZ Ph. 69-151. INVESTMENT, Sydenham, prime cnr site, north facing, 808 sq m (32p), ideal re-de-velopment site with wide frontage, zoned Industrial 3, $104,000. Ph. Ford and Hadfield Ltd,.MREINZ, 797-830, a.h. Colin Rhodes, 325-928. __ -—_ ——_ INVESTMENTS. Corner site, C 5 zoning, 40p, $2.6 million; Industrial vacant possession, $350,000; Commercial, Rangiora, $390,000 - $55,000 p.a. return; Colombo St, near Square, $BOO,OOO - $50,000 p.a.; Hereford St, lip, vacant, $l.l million; Corner site, central business district, Dunedin, $1.4 million; 40p C 5 Christchurch, vacant, $l.B million; Strata title, Hereford St, $250,000 - return $22,000 p.a.; Industrial, Walrakel Rd, $220,000 - return, $21,115 p.a.; New Regent St, 1500 sq ft, vacant, $285,000. Prime Real Estate, MREINZ, the Commercial Property Specialists, Michael O’Neill, ph. 797-557. INVESTMENT, transport yard, modern workshops and office facilities leased to particularly substantial specialist transport company operating throughout NZ, leased to 1991 with syr ROR, review July 1988, rental $19,300 pa, price $175,000, Simes and Co., MREINZ, 790604, a.h. D. Sutton, 489-182. INVESTMENT, $176,000. Prestigious warehouse, 10 percent return, 6 year lease, 6 years R.O.R: Excellent tenant. Phone Mark Williams, 69-151, a.h. 554-284, Fleblg and- Associates, MREINZ. INVESTMENT $315,000. New prestigious building, 10 year lease to national tenant. Excel. buying. Ph. Mark Williams, 69-151, a.h. 554-284, Fleblg and Assoc., MREINZ. INVESTMENT $32,500, St Albans, 933 sq m building site, ideal Investment or ownership flats, Ph. Geo Andersons, Smiths, MREINZ, 797-534, ah. Ray enser 598-703. INVESTMENT $36,000. Large shop (ex butcher’s shop). Situated in large block of shops, this shop is capable of returning In excess of $5OOO p.a., suitable for many uses. Further details phone Brian Smith, 790-246 a.h. 556-176, Neumann, MREINZ.. INVESTMENT, $48,000, derelict house on Vi acre section In St Albans, close Bealey Ave, ideal site for flats, R 3 zone, great letting area, Ph. sole agents, Geo Anderson, Smiths, MREINZ, 797-534, a.h. Ray Enser, 598-703. INVESTMENT, $45,000 HOUSE IN 2 FLATS 20 per cent return possible. In need of exterior painting and tidying. Good location. No fuss Investment, finance to approved purchasers. INVESTMENT, $79,000 HOUSE IN 4 FLATS TWO storey character home, excel, returns, potential to upgrade, 19 per cent return at present. Financed to approved purchaser, reg. valuation avail. Ph. sole agents, David Evans. INVESTMENT $40,000. St Albans, 3 bdrm w’board home, brand new roof, large lounge, small section, carport, currently vacant Ph. Hector McPherson, 526-166 a.h. 588-761, Harcourts, Ltd, MREJNZ.