Page 49 Advertisements Column 2

Press, 14 March 1987, Page 49

. Auctions OF SPECIAL IMPORTANCE Unique Opportunity to Purchase CITY PROPERTY 7-N. NO. 16 ARMAGH ST TO BE SOLD BY PUBLIC AUCTION WEDNESDAY, APRIL 8 AT 2.30 p.m. IN OUR AUCTION ROOMS, 121 WORCESTER ST. 16 ARMAGH STREET — opposite the new Wigram Park Town House Complex in the city’s west end, close to the Arts Centre, Botanical Gardens, Museum, Art Gallery, Hagley Park and the Avon River. 1012 square metres — quarter acre Wide frontage — 66 feet Zoned Residential 5A IMPOSING RESIDENCE — in sound original . condition featuring formal lounge, drawing room, dining room, family kitchen, 4 bedrooms plus utility rooms. Built by craftsmen in the best of materials including Welsh slate roof and copper spouting. This home, an ideal opportunity for a purchaser wanting to own a prime inner city residence, or to take advantage of wonderful redevelopment potential. FULL PARTICULARS FROM THE AUCTIONEERS INSPECTION BY APPOINTMENT WITH C. THIELE PHONE 796-280 ]uyiNGSTO>IE]| H.G. LIVINGSTONE LTD m»ie.imz. Sole agents and valuers Vendors’ Solicitors: Cavell Leitch Pringle & Boyle 16 Manse Street 12.30 p.m., March 27,1987 M B LEGAL DESCRIPTION: Leasehold interest H in Part Lot 5 (southern portion) D.P. 78 CT IK A2/747 DCC Lease Number 372390 for 21 MM years from October 23, 1970 with perpetual right to identical renewals. Present rental, |M $1,150.00 per annum, present Council rates $4,282.19, area 41 2 square metres. AUCTIONEERS COMMENT: The present M commercial building that occupies the site JU was erected around 1900-1910 and is of ■■ four floors plus basement. It has a total lettable area of 1,322 square metres. Comprises an early office," showroom, warehouse Ml building, which has potential for refurbishment to offices. |M The "BUILDING DISPLAY CENTRE" at M present occupy the majority of the building. |M Their lease is not being renewed. Therefore except for the basement area (114 square IM metres) the building is to be sold free of tenancies. BS Full conditions of sale are available from Mrs J. Somerville, Tonkinson, Wood & Adam M| Bros., and the auctioneers at 239 Moray Place, Dunedin. Fay I PHONE 772-513 J INVESTMENT OPPORTUNITY THE RENOWNED BALMORAL RESTAURANT FULLY LEASED (By Roderick McNeill) FUTURE EXPANSION POTENTIAL LARGE SITE 1.2 ACRES 2 titles Old Main North Road, Kaiapoi To Be Sold By Public Auction Thursday, APRIL 9 AT 2.15 P.M. IN OUR ROOMS, 121 WORCESTER STREET SUBSTANTIAL IMPROVEMENTS: over 5500 sq ft front guest reception area, large dining room with dance floor and stone open fireplace, lounge bar, large commercial type kitchen. Licenced for 260 persons. ON SITE LIVING: include lounge, double bedroom, with ensuite, two twin bedrooms. WONDERFUL ENVIRONMENTAL SETTING LARGE LAWN FOR ENTERTAINING LARGE ON SITE CARPARK RENTAL INCOME: $21,600 PER ANNUM Food and Entertainment Licence — Held by Lessee Inspection strictly by appointment With the auctioneers Telephone 796-280 DAVID RANKIN LIVINGSTONEj H.G. LIVINGSTONE LTD wu .imz. Sole Agents and Valuers Vendors Solicitors: Weston, Ward Lascelles