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SELECTED INVESTMENTS CITY BUILDING: Freehold Wellington site, with car parking. Approx. 24,000 sq ft in area, two lifts, fully leased. Net Income totals $453,000. Yields 7% nett on PRICE $6,472,000. MODERN BUILDING: Good location, two tenants, 14 car parks, and • attractively leased. Income $128,048 p.a., next review 1989. Yields 8.53% net on PRICE $1,500,000. HIGH STREET, LOWER HUTT: Best part, between two bank branches, with rear car parking. Built 1962, approx 8198 sq ft In area, well leased (two shops. floor of offices above). PRICE $2,500,000. MODERN BUILDING: Prominent comer location National tenant pays all outgoings (even repaints every 6 years). Tidy building, income currently $97,000 p.a. (up from $56,000 last review date). PRICE $1,050,000. | FULL DETAES OF THESE AND OTHER HZ.-WIDE INVESTMENTS FROM - ‘ Fourth Floor, 136 The Terrace, Wellington TEL. 722066 I
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Press, 6 October 1987, Page 47
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142Page 47 Advertisements Column 4 Press, 6 October 1987, Page 47
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