Page 50 Advertisements Column 2

Press, 22 August 1987, Page 50

Auctions TfT]| I riLJI i , /Ji— l - nWr ii L r j i— PRIME TIMARU RETAIL AND COMMERCIAL BUILDING The Perpetual Trustees Estate LEASES: All rentable space & Agency Co. of NZ Ltd are currently leased with no R.O.R. pleased to offer for sale by beyond 1-4-89. Public Auction the commercial RENT: Currently $120,060 p.a. building known as exclusive of GST. O'Meeghans, situated at FINANCE: Vendors may, by 284-296 Stafford Street, prior arrangement, leave up to Timaru. 50% of the purchase price, VENUE: Trailways Motor Inn, secured by first mortgage, to an Timaru, on 4 September 1987 approved purchaser. Rate 19 at 2pm. » and Agency Co. of N.Z. Ltd I fMORTON&CO LTD\ MREINZ Lt 9 Sta ,A^^. r 9 T ' marU I I VALUERS I S AM° n 2l I I • REAL ESTATE AGENTS J § UNIQUE OPPORTUNITY CENTRAL CITY 80.5 PERCHES — 2035m 1 OPPOSITE — PROPOSED SHERATON HOTEL Existing Income — Potentially $200,000 P.A. 3 TITLES 49 GLOUCESTER STREET — MELVILLE PRIVATE HOTEL AS A GOING CONCERN — 23 ROOMS, HIGH OCCUPANCY 326 MONTREAL ST— 9 FLATS 330 MONTREAL ST — 7 FLATS H “ 1 id 50-4“5 UJ tz /024m z " —I HI ? I * L—| lU 0 <J MObITREM- STREET TO BE SOLD BY PUBLIC AUCTION THURSDAY, AUGUST 27, AT 2.15 P.M. Zn our rooms — 121 Worcester Street EXCELLENT REDEVELOPMENT POTENTIAL HIGH INVESTMENT YIELD Without doubt an inner city investment opportunity with an abundance of future potential. CLOSE: Cathedral Square, and within walking distance of Hagley Park, Arts Centre and Museum. Full particulars and inspection — By appointment TELEPHONE 796-280 [ LIVINGSTONE t DAVID RANKIN OR v , — M CRAIG THIELE I R A H.G. LIVINGSTONE LTD mmimz. I RICCARTONI I SUPERB SITE I I .JWMSgpggIR HI I fl dHMiiHMtiH ■ 124 RICCARTON ROAD ■ To be sold by public auction, Tuesday, September 22, at 2.15 p.m. ■ In our rooms, 121 Worcester Street ■ 1264 SQUARE METRES -50 PERCHES ■ ■ REDEVELOPMENT POTENTIAL ■ H Adjacent Smart Group development H ■ LEASEBACK AVAILABLE ■ ■ The Vendor will leaseback at 10% of the sale price plus outgoings for six E|| months or at the purchaser’s option take a longer head lease. ■ Improvements — Comprises ret&il showroom — 461.2m 2 and mezzanine floor 150m 2 . Two ■ flats and parking at rear. H PROPOSED REAR SERVICE LANE H H INSPECTION BY APPOINTMENT WITH THE AUCTIONEERS H ■ DAVID RANKIN OR CRAIG THIELE ■ l TELEPHONE I I 796-280 h7l 11111 —J I H SOLE AGENTS AND VALUERS H H VENDOR’S SOLICITOR: BRENDON MCCONNELL M