Page 53 Advertisements Column 8

Press, 14 March 1987, Page 53

Properties For Sale Properties For Sale PRIME PROPERTIES FARMLET NORTH OTAGO TOP QUALITY HOME with unsurpassed views oi the hills, on 15 acres of prime land, 6 minutes from Oamaru. It is one of the finest modem homes to be offered for sale. Constructed of Bolstered Oamaru stone. Four bedrooms, a dream kitchen (large pantry), dining room with Narvick fire place and dual hot water. The spacious lounge, with an open fire and scenic windows, look out to the westerly hills, across paddocks and trees, and sliding doors open onto a patio area. The house has attached a completely self contained flat with kitchen facilities, lounge, going off to a delightful conservatory. It is set on approximately one acre of garden, manicured lawns, numerous shrubs, all trickle irrigated. A double garage, carport, workshop and other sheds also feature. Price $190,000. For a photograph and other details please contact us. RESTAURANT $50,000 (total Ingoing), on S. H. 1. One of the top Restaurants in Oamaru. Turning over approximately $160,000 plus, with further potential for more if further hours worked. Long lease available, with realistic rents. All plant near new. Genuine enquiries only please. Balance sheets are available. COMMERCIAL BUILDING, approx. 9000 sq ft. $75,000 CONSTRUCTED of Oamaru stone, this extremely sound building is currently returning $14,500 gross, equating to an approximate 19.6 per cent return. Situated in the heart of Oamaru's commercial and retail area. Existing tenants vacating April 1988. Replacement tenants available if required. MOTELS FOR SALE OR FOR LEASE OR WILL TRADE A FARM MODERN BLOCK of 11 units plus top quality four bedroom home attached. On State Highway, central area of town showing spot on returns. Owners have a genuine reason for selling. $450,000 freehold. $150,000 leasehold, 20 year lease available. SEEING IS BELIEVING - WAIKAKI VALLEY Two business’s and a home, $90,000, Government Valuation $72,000. Land and buildings plus stock and plant at valuation (adjusted to suit). The building is 20 years old, as new, concrete block. Retail shop complex attached to a two-bay garage and service station. Between them currently carrying $40,000 of stock, turnover approximately $250,000 (without gar-, age operating). Hours 8.30 a.m. to 6.00 p.m., Monday to Saturday. The potential to expand further by. increasing the hours, if required, is obvious with the Increased tourist traffic through the Waltakl Valley. The home is a remodelled and immaculate two bedroom, roughcast home. Open plan living, built in wardrobes in both bedrooms, kitchen has a pantry, excellent chattels throughout. Aluminium windows, In addition a large lined and comfortable two bedroom sleepout is adjacent to the home. For the person interested in keeping a pony, maybe some goats or sheep, there is an area of 2% acres. The owners are genuine sellers as they have reached retirement age. Finance is available to an approved purchasers. For photos and further details please write or call. For further details of any of the above properties, please contact: STRINGER REAL ESTATE, MREINZ, Box 24, OAMARU. Phone: 47-940, 8 a.m. — 5.30 p.m. 71-529 After Hours, Callum Craik. - 76 YEARS QF SERVICE -

ILAM $79,000. Cute little cottage with cute little shelters. This charming home Is currently in 2 flats but Is easily converted to a spacious family home. On a wellcared for section with many mature trees, this cute little cottage Is worth a visit, Phone Sole Agent, Lynn Kitson at Robert Brown Real Estate, 791-417, a.h. 851-045. INDUSTRIAL INVESTMENT SECTIONS from 1080 sq m to 59005 q m , and priced from $475,000 to $260,000, superbly located In the new established upmarket industrial area of Parkhouse, Treffers and Sonters Road. Conveniently located to the motorway and Blenheim Road. Buildings can be designed and built to suit clients’ Individual requirements with extensive car parking and landscaping provided to compliment the property. Generous terms available. Please direct Inquiries to Humphrey Hollis 559-098, Merivale Real Estate, MREINZ. INDUSTRIAL, $220,000. Sult owner/occupler. Prominently sited on one of this city’s busiest thoroughfares. 32.6 p with office-showroom of 1600 sq ft. Total land covers 8900 sq ft plus allowing for expansion later. Be quick, ph. Noel Baker, 797557 any time, Prime Real Estate, MREINZ. INDUSTRIAL, $365,000. Inner city, prime building on main thoroughfare. Sult owner/ occupier with balance leased out to other tenants. An exceptional opportunity exists here. Ph. Noel Baker, 797-557 any time, Prime Real Estate, MREINZ. INDUSTRIAL, $320,000. Suit builder, developer, owner/ occupier. Close Moorhouse Ave, very substantial modern industrial building of 10,880 sq ft with 5 container access points plus overhead crane facilities. Can be redeveloped to Improve office facilities and resold. Ph. Noel Baker, 797-557 any time, Prime Real Estate, MREINZ. INDUSTRIAL. Sockburn, prime location. 2 units for sale and lease (No. 1), 7535 ssq ft, $340,000 (No. 2), 7104 sq ft, $320,000. U.R.W. finance available. Drewerys Estate Agency, MREINZ, Member United Realty World. INFLATION. Start your own Inflation fund by buying In an outstanding new subdivision. Deposits from as little as $13,500. Call Graham Sinclair, 830-293 any time, Merritt Homes, Ltd. INVESTMENT Merivale 4 self cont. flats adjoining commercial great potential. $81,500. Ph. 515-818.

- INVESTMENT Avonhead, s. $72,500, small perm, mat home on an excel. 32p wide y road front section, Ideal to s extend or redevelop. Ph. Kerel McCombs, Livingstone y Real Estate, 796-280 a.h. 582e 612, MREINZ. t. INVESTMENT bargain, villa In .- 4 flats, returning $3lO p/w, il large section, fantastic value only $67,000. Be quick, sole agents, Neumanns, 790-246, MREINZ, a.h. 64-054, Dean r Marshall. o INVESTMENT city. $129,750. n Three 2-bedroomed, double y storeyed flats In prime cend tral location overlooking d Avon River. Currently red turning $15,600. Lock-up-v garages. Contact Jenni Rold ton 791-417, a.h. 479-277, s Robert Brown Real Estate, o MREINZ. - INVESTMENT, City, St ,r Albans, Durham Street, 2 flats, the property has recently been completely renovated Inside and out o which Includes a new colour j, steel roof, quality carpets, >, vinyls and drapes, nothing needs to be spent for years. - An investors dream with I more than average capital growth assured due to sur- ? rounding redevelopment 5 - shows a 15.3 per cent return [} on asking price of $76,500. “ Phone 481-614. ’ INVESTMENT, commercial e property secure tenant will 7 negotiate 20 year lease II immed. return of 18 p.c. $420,000. Ph. Ted Boy, Kent r Prler Reall Estate, MREINZ, J 794-120. d INVESTMENT S 7 Commercial Building ’• LEASED for leisure activities on a 12, and 6 plus 6 basis. This t Is a near new building In a / prime location, built for Its e present use but capable of a - wide variety of uses in the f future If need be. Showing J good returns. $750,000. Please 1 direct enquiries to Humphrey ' Hollis 559-097, any time, Merle vale Real Estate, MREINZ. !; INVESTMENT, Cranford St, older house In 3 flats, good i cond., new roof, shows rer turn of 19.6 percent on ask--5 Ing price $69,000. Ph. 481-614. q INVESTMENT, Durham St, e near Bealey Ave, older house e In 2 flats, good cond., new r roof, shows a 15.2 percent return on asking price of ! $76,500. Ph. 481 r 614. i- INVESTMENT flats, $160,000. - Close to Rangl Ruru. Chare acter home In excellent condition plus 2 modern flats. Excellent property. Ph. Barbara Geddes 526-185 a.h. 57f 466, Wrlghtsons, MRfeINZ. - INVESTMENT, $72,000, retum1. Ing 10.5 percent, worry free, 6 monthly reviews. Ph. 515-023.

OHOKA COLONIAL REPLICA HOME on 1 acre of beautifully landscaped grounds plus paddock and orchard and featuring 4 bedrooms, lovely lounge with exposed beams all conveniences and large garage with pottery room and upstairs gallery. $130,000. Contact the sole agents Devlin Real Estate, MREINZ, Ranglora. Phone 8829 a.h. 6328, 5864 or 27-607 Woodend.