Page 55 Advertisements Column 8

Press, 25 February 1987, Page 55

Auctions AUCTIONS SALES by auction, contact a member of the General Auctioneers Association of New Zealand Inc. MGAANZ. REMINDER 40 LAWNMOWERS, BUILDERS’ SUPPLIES PLANT AND MACHINERY. By Auction This Day Commencing 12 noon In Our No. 2 Rooms ■ 85 Montreal St, Smiths City Market Ltd Auctioneers, Valuers, Phone 798-100 MGAANZ Properties for Sale INVESTMENT city. $115,000. $50,000 first mortgage to approved purchaser. Block of 3 permanent material flats, one 2 bedroom, owner residence, two 1 bed. Large off street parking area. Contact Theresa Wall, Cowdy and Co. MREINZ. Ph. 553-397. a.h 557-767. INVESTMENT, Cranford St, older house in 3 flats, good cond., new roof, shows return of 19.6 percent on asking price $69,000. Ph. 481-614. INVESTMENT, Durham St, near Bealey Ave, older house In 2 flats, good cond., new roof, shows a 152 percent return on asking price of $76,500. Ph. 481-614. INVESTMENT EXCELLENT corner site on main arterial road, 1 shop, 1 post office, $149,500. Ph. Colin Rhodes, 797-830, a.h. 325-928. INVESTMENT, first day offered. Warehouse and office space of approx. 14,000 sq ft plus 8 car parks, only 10 years old. Excellent tenant, good lease. $516,000. Genuine Inquiries only to owner’s agents, Geo. Anderson, Smiths City Market Ltd, MREINZ, 797-534 a.h. Ray Enser 598-703. INVESTMENT flats, $49,500. 18 per cent return.- House divided Into 2 flats close to Edgeware Village. Perm, material. Contact Whalan Real Estate Ltd, MREINZ, Ph. 54-131, a.h. 524-110. INVESTMENT flats, 8 superior low maintenance, exceptionally spacious, separately titled units with lock-up garages. Excellent returns at this realistic price of $300,000. For details phone Campbell Taylor of Cowdy and Co., MREINZ, phone 553-397 a.h. 517-966. INVESTMENT flats, Avonslde, seven permanent material units, excellent condition throughout, capable of returning over 15 per cent per annum. Price $250,000. Further details from exclusive agents, David Blackwell, 62-428, a.h. 326-564, Glass/ Blackwell, MREINZ. INVESTMENT FOUR perm. mat. flats, close to City, reduced $13,000 to $136,000, returning $19,000 p.a. There is vendor finance avail. $90,000 at 14 per cent for 1W years. Recently painted and decorated. Ph. now Jack Perry, Packard Real Estate, MREINZ, 480966, a.h. 486-379. INVESTMENT, house In 3 flats, could be used for commercial offices. $58,000. Ph. 554-605. INVESTMENT, I have a urgent buyer for 2 bdrm flats In blocks of 4 and 6. Permanent materials, showing good returns. Willing to pay up to $350,000. Ph. 794-784, David Gormack, Stephens Real Estate, MREINZ. INVESTMENT, Just Listed. (1) 7 flatettes, 1 bedroom, perm, mat., returning $490 weekly. Price $179,500. (2) City, 4 flats, 1 bedroom, perm, mat., returning $320 weekly. Price $144,500. (3) 2 flats, 1 bedroom, perm, mat., returning $l6O p.w. Price $79,500. Section will take another 2 unitis. Vendor will assist with finance on generous terms. Ph. 794-784, David Gormack of Stephens Real Estate, MREINZ. INVESTMENT, large, near new industrial property situated close to Blenheim Rd and Addington Raceway. High stud, good access and parking, returning $70,000 p.a. Excellent long term net lease, rent review due October this year. $750,000. Ph. 61- . 887, Carter and Assoc. Ltd MREINZ. INVESTMENT (Linwood), due to collapsed sale this spacious villa in two flats, close city, let at $l7O pw is now available. Many character features, great buying at only $47,000. Don’t delay phone Greg Hyam, Glera Real Estate, 370-917 anytime. ”♦ ♦ ♦ ♦” INVESTMENT, new showroom | warehouse building, leased to public company for 12 years. Two yearly reviews. Excellent rent review potential. $660,000. M. B. Cook and Co., MREINZ, 68-334 or a.h. 558-278 Roger Bridge. INVESTMENT, office complex, Government tenant, 15 year lease, 2 titles, completion May, $389,000 per unit. Further details, Binns Barber and Keenan, 62-769, MREINZ, a.h. George Williams, 585-859. INVESTMENT, only $165,000, (first time offered, sole agents), mod. building In good location, returning 10 percent on asking price, 4000 . sq ft, with upstairs office, tentants pay rates and insurance. Excel, value here! Phone Arch Zaloum, Canterbury Real Estate, MREINZ, 370-240, a.h. 382-810. INVESTMENT opportunity cnr. McFaddens Rd and Cranford St, historic 18 room residence split into 3xl bdrm flats, plus 4 bdrm owners accommodation. Superb 65 perch setting. For public auction. Settlement 90 days. Kent Prler Real Estate, MREINZ, ph. 794-120, Craig Prler. “♦ t 4 ♦” INVESTMENT opportunity. | Six flats, walking distance to I Square. Each 2 bdrms, let at I $lOO each. 10 yrs old and very J good order. $218,000. Ph. Mex Mercer 795-060, or 278-044, Manchester Homes, MREINZ. 1