Page 62 Advertisements Column 6

Press, 2 December 1987, Page 62

Properties lor Sate INVESTMENT FIRST day advertised. 6 selfcontained flats (including two 13 year old Summerhill stone units) close to Holly Rd in popular St Albans. Good tenants. Present return $24,000 p.a. Realistic price $174,500. Please ph. 60-212. Sole Agent. INVESTMENT FLATS RICCARTON. Three superior modern 2-bdrm units, lock-up garages. Private garden section. A rare sight In this location, capable of $21,000 p.a., asking $168,000. First day, sole agents. INVESTORS PAPANUI. Three flats, two 1-bdrm and one 2-bdrm, 908 sq m, very tidy. Pleasant tenants. Rents $245 p.w. Now only $69,500. FERRY ROAD (Just off). Tidy two flat property, 6325 q m, returning $l4O p.w., asking only $42,500: CLARE ROAD. Three good flats, current return $230 p.w., asking only $67,000. Details phone the sole agents, Jim or Sheryn Glass, 794-135 any time. GLASS RENTAL FLATS INVESTMENT, Ham, 916 sq m cnr section with sound tidy 3 bdrm Summerhill stone home, plus dble and single garages, very suitable for town house development being set among exclusive homes, total asking price, $105,000. Tidy the house up and resell it for $95,000, after the section Is split up. Ph. sole agent, Roger Sissen 480923, a.h. 595-849, Harcourts, MREINZ. INVESTMENT, Industrial 2 prime sites, returning over $105,000 p.a. Excellent leases $750,000. Genuine enquiries to Robt McCormack 796-596, Harcourts, MREINZ. ~ INVESTMENT investment. Mod. warehouse price $235,000, excel, tenant and sunny location. Six year net lease. Ph. Mark Williams 69151 a.h. 554-284 Fleblg and Associates, MREINZ. INVESTMENT MAJOR shopping block in Upper Riccarton showing 92 per cent at $1,400,000 nett. Up to the minute decor, bright cheery atmosphere, good parking. Only 18 months to first rent review. All tenants tiave 10 year leases, this will not be round for long. Phone B. L. Chapman, 799-646 any time, Drewerys Commercial ESTATE AGENCY UP Realty World __ INVESTMENT, mod. 12,000 sq ft warehouse complex $700,000. This blue-chip Investment Is leased long term to Multi-national tenant situated prime central location, excel, return, full details ph. Les Link 480-966, Packard Real Estate, MREINZ. INVESTMENT property. Commercial corner site, St Albans, showing good returns, $200,000. For further details ph. John O’Brien 791417, a-h. 483-376, Robert Brown Ltd, MREINZ. INVESTMENT, Riccarton Road shop and house, high profile location, ph. 480-435. INVESTMENT, Riccarton Rd. Retail plaza, brand new complex with excel, long term tenancies. Showing good returns, $1.4 million. Contact Ron Hodder ph. 797557 Prime Real Estate MREINZ. INVESTMENT RICCARTON PRIME residential land, 1.068 hectares, now available In Riccarton. Ideal for subdivision, cluster housing, retirement complex. For further details phone: Jan Chesmar Harcourts, MREINZ 480-923, anytime. INVESTMENT shops $453,000. Very modern perm, block of 7 units with sep. titles. Unique 2 street vehicle access. Rent reviews are staggered, so rental is being regulary Increased. Tenants pay all outgoings, long leases, annual return to show you, $55,566. Delayed possession may be possible. Phone Noel Baker, 797-557, anytime. Prime Real Estate, MREINZ. INVESTMENT shops, 1.2 million. Unique never before offered for sale. Located at one of the cities main Junctions. 5 mod. shops, with plenty of sealed on site parking, total land area of over 80 p, facing north. Ail 5 units leased long term on modem leases. Total annual income $122,000 p.a. All shops on own unit titles. Phone Noel Baker, 797-557, anytime. Prime Real Estate, MREINZ. INVESTMENT ST ALBANS, $87,000 TWIN 2 bdrm unit In perm, mats, facing street, in good letting area, returning $12,000 per annum, all In first class condition. Priced to sell Phone Bryan Pearce 795-060, Manchester Homes, MREINZ. INVESTMENT SUBURBAN mall of seven shops, good leases, $9.36-$U per foot. Returns $55,566 p.a. Unit titled Into 3 units shows 1Z25 per cent at $453,600 nett. Staggered rent reviews. Phone B. L. Chapman, 799-646 any time, Drewerys Commercial. Brewery's ESTATE AGENCY UP Realty World:— ♦♦ ♦ ♦ INVESTMENT, Sydenham, office, showroom, warehouse, national tenant, 10 yr net lease, price $364,000. ExceL sunny building with Similar quality neighbouring tenants. Ph. Mark Williams, 69-151, a.h. 554-284 Fiebig and Associates, MREINZ. INVESTMENT, $240,000. New building, leased $24,500 p.a. nett, 10 plus 10, two year rent reviews, worth inspection. Ph. Terry White 796-521, Wrightsons, MREINZ.