Page 60 Advertisements Column 10

Press, 5 September 1987, Page 60

i Jr SUMNER ■ “Scarborough Lee” ■ (rwovravn avwj OPEN DAY 1 TMtoy2pjß.-4pj>. ■ Agent on Site H Excellent situation, ■ views, shelter, handy beach, bus, shops ■ Priced from ■ $26,000 I rlTOtflßß UH IM ■ avaMabte H I Ml 26-5134■ 846-782 HtensonJ TEMPLETON EXCLUSIVE new sub-dlvlslon offering excellent terms. 20 per cent deposit, balance over 12 months at 16 per cent interest Priced from only $23,500. For further details ph. 498-178, Colleen Hamilton, a.h. 227-158. Properties Exchange FOOD BAR In lakeside mall, excellent lease, $25,000, exchange for house or land, areas open. Write Box 749, Queenstown. Hotels for Sale ARE you selling your hotel, motel or tavern? We need more freehold and leased premises to satisfy a steady demand from genuine buyers. A client with substanlal finance requires a Chch city hotel. Ph. John Todd, 794-784 anytime, Stephens Real Estate, MREINZ. AT Karamea, Little Wanganui Hotel, buildings In Immac. order, 10 pt caravan park, excel, bar and house turnover. Freehold section of 5059 m2, $260,000 land, buildings and chatels. For further details contact Ross Shaw, at E V Arthur and Sons, P O Box 18, Westport, MREINZ.

I DEVELOPMENT DIVISION | HASTINGS MOTELS IN SUNNY HAWKE’S BAY Situated on main highway between Hastings and Napier. This 21 unit leasehold complex Is extremely well positioned and very well equipped. The 4 bedroom owners accomodation is set privately away from the units, ideal for the family. The games room provides conference facilities for up to 40 people. Surroundings are quiet and spacious. Turnover well above average. $lBO,OOO deposit. Balance and Finance available. Set In parklands this well located 13 unit complex provides a very pleasant way of life with a good business attached. 4 bedroomed owners accomodation, all major facilities close by, $185,000 excellent opportunity to buy Freehold. Phone: BILL SINCLAIR (070) 65-204 (070) 89-081 AH PAUL DANIEL (070) 65-204 (070) 776-606 AH Estate Realities Hotel Motet and Resort lEINZ ■ Grimmeiw Broker A N.Z BLDG, THE OCTAGON, DUNEDIN. PH. 775-070 LAKE TEKAPO HOTEL Acting on instructions from Dominion Breweries Ltd. we invite prospective buyers to register their interest in purchasing this freehold hotel premises. The hotel is being offered for sale free of tenancy and presents wonderful opportunities and scope for extensive development. LOCATION: Magnificently located on the main Southern Lakes tourist route, 250 km from Christchurch and 260 km from Queenstown. This prime 4982m2 site on the shores of Lake Tekapo has splendid, uninterrupted views of the Mt. Cook region and is within close proximity of the ski fields. CURRENT TRADING: The turnover for the past twelve months is approx. $500,000. DEVELOPMENT POTENTIAL: Unlimited expansion possibilities exist and concept plans have been prepared which may be made available to approved parties. There is significant potential as a tourist hotel combined with the need to upgrade the food and liquor facilities to meet the demands of the expanding Tekapo residential and holiday population. IMPROVEMENTS: The hotel presently comprises 7 guest bedrooms, 2 motel units, bar and dining room facilities together with the usual amenities. FURTHER DETAILS: Interested parties are requested to write to the Vendor’s agent — Warwick Grimmer Ltd — who will provide i urther details and sale conditions. Written registration of interest must be in thehand of Warwick Grimmer Ltd by 4 p.m. September 15. WARWICK GRIMMER LTD HOTEL BROKERS & VALUERS P.O. BOX 10 DUNEDIN