Page 57 Advertisements Column 1

Press, 3 December 1987, Page 57

Auctions ESTATE JEWELLERY Account the estate of the late R. C. H. Madsen TODAY (THURSDAY) Commencing 1 p.m. On our premises 88 Montreal St THE offering will include: 35 pocket watches in gold, rolled gold or lever movements; 3 pair verge escapements; 19 r>ld fob chains; 9ct Vesta box, silver Vesta boxes; silver and gold sovereign cases; half hunter watches; gold bracelet with 34 diamonds and 4 sapphires; Garnet encrusted bracelet; Set solid gold bangle; 4 hollow gold bangles or bracelets; gold lockets; fob jewellery including lockets and seals; 2 gold pencils; gold brooches and pins; mourning brooches; approx. 50 gold rings; gold cross; silver tipped lion's claw. Masonic badge with 3 diamonds; greenstone pendant; scrap gold; string of cultured pearls; ivory sphinx; Ivory elephant; diamond carat scales; medals; A. 4 P. show medals; early medallions; stamps. INSPECTION: Wednesday, December 2, 10 a.m. to 3 p.m. and morning of sale. TERMS: Cash or bank cheque on day of sale unless by prior arrangement Note: All these items are from one estate and the auction is totally unreserved. SMITHS AUCTIONS 88 Montreal St Christchurch. Ph. 798-100 MG.AA.N.Z. Properties for Sale INVESTMENT flat opportunity. Three mod. Summerhill stone units returning $19,500 pa. showing excel, returns. Centrally situated each unit having 2 bdrms. Tidy cond. Excel, tenants, realistically priced at only $132,000. Exclusive agents, Beasley Packard and Chamberlain, MREINZ. Ph. Rex Haley 62105 any time. ■(VESTMENT flats, $130,000. Very tidy converted house in 4 self contained flats, returning $355 p.w. Situated on valuable 66ft frontage 1103 sq m section close to city, potential for redevelopment or building at rear. Phone Rex Mercer 795-060 or 278044. Manchester Homes, MREINZ. ■(VESTMENT Gloucester/ Montreal Sts. Prime development site - 2043 sq m, Commercial 3. To be auctioned 215 p.m. Thursday, December 17 at Noah's Hotel. For details phone James Melville, Prime Real Estate, MREINZ 797-557 anytime. ”♦ ♦ ♦ v~ ■(VESTMENT Investment Mod. warehouse price $2354)00, excel, tenant and sunny location. Six year net lease. Ph. Mark Williams 69151 aJi. 554-284 Fleblg and Associates, MREINZ ■(VESTMENT, mod. 12000 sq ft warehouse complex (WOO. 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 ■(VESTMENT New showroom/warehouse, leased to excellent tenant on 10 yr lease, showing 10 per cent nett return, with very strong growth prospects. $245,000. Details from Graham Galt, phone 54-733. Estate Realties Ltd, MREINZ MVESTMENT, six self contained Including two 13 year old single storey units, In St Albans, return $24,000. Price Near Holly Rd, ph. 60-212 W. C. Mehalski, MREINZ sole agent ■(VESTMENT, superbly located block of suburban shops. Excellent tenants, with good leases, will return approx. 15 per cent p.a. on a sale price of $190,000. For further details please phone Ted Robinson 553-397, a.h. 582-157, Cowdy Dolg and Co., Ltd. MREINZ ”♦ ♦ ♦ ♦” ■(VESTMENT, 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. ah. 554-284 Fleblg and Associates, MREINZ. INVESTMENTS $1,400,000 FANTASTIC potential, one of Christchurch’s fastest growing retailing areas, mall situation with 7 major tenants, all 10 year leases with 10 year r.or. of renewals, rent roll almost $130,000. $1,150,000 PROMINENT avenues comer. Modem building, head leases to national tenant almost 25.000 sq ft over all plus onsite car parking. 9.5 per cent return. $930,000 SYDENHAM, adjacent retail area 14,000 sq ft architecturally designed building on three-quarters of an acre. Ideal owner/occupier or can be further developed. $1,750,000 CITY, five level office building. Almost fully leased, easy access, excellent long term investment Approx. 18,000 sq ft $1,550,000 CITY, commercial five zone, 2-level office building, 18,000 sq ft leased to Government department exceptional long term redevelopment potential. $1,100,000 INNER city, commercial site of 925 sq m. available for immediate development $478,000 SYDENHAM, most appealing design, new. mirror glass finish, 7500 sq ft of offices, showroom and warehouse. Guaranteed 10 per cent return. $lOO,OOO ST ASAPH ST, business zone. Impressive design, 7500 sq ft quality showroom, office and warehouse space, ample on site car parking, two street frontages. For full details on any of these properties, please phone 62-083. AJI. John Evans. 859-139 i .r