Page 59 Advertisements Column 3

Press, 23 January 1988, Page 59

Properties for Sale INVESTMENT CITY Colombo Street Gilt edged investment RETAIL premises — prime site, excellent premises leased to substantial long term tenant. $715,000. For details call 794-120, anytime. INVESTMENT, Colombo St retall and new business zone. 3 excel, tenants on long leases. Rent reviews late 1988, $1.3 million. Full details from Flebig and Associates, MREINZ, Ph. 69-151 a.h. 858088. INVESTMENT Equity partners required for commercial property investment. Secure title ownership, small shareholdings available. Contact Title Security Investment, John Gully, ph. 794-176, Kenton Chambers, 190 Hereford St Chch. INVESTMENT FIRST TIME OFFERED EXCELLENT value with potential describes this property. 2 brand new units. 2 bdrms, single garaging. "Plus" older w/board home in 2 flats. Total return on investment 15 per cent at the asking price of $190,000. Potential to replace older house with 3 more 2 bdrm units. View today, Brett Eves, 526-166, a.h. 883-748. M INVESTMENT, flats and cottage on 15 acre R 4 land returning 21 per cent on asking price of $130,000. Vendor will accept vehicle as dep. Ph. 56-256 a.h. 843-187. INVESTMENT flats, Timaru. Block of five, returning $20,000 per year. Close in, private sale. Genuine reason tor selling. Consider vendor finance to suitable purchaser, $lOO,OOO. Ph. (056) 34818 or (056) 47-257 evenings (collect). INVESTMENT FLATS 6 Completely modernised 2 storey perm. mat. units In Upper Riccarton, (Rl), each with sep. courtyard and fencing. 5x2 bdrm and 1 x 3 bdrm units earning $135 and $l5O p.w. respectively. Recent reg. val. gives sep. sale value at $365,000. Rare opportunity to obtain units in this area. Two prospective buyers interested in individual units now. Be quick at $335,000. Call the specialist TONY BRAZIER 553-397 bus, 555-305 a.h. INVESTMENT, Harman St, 2 units, totalling 2700 sq. ft., both leased, $145,000. Jolliffes, MREINZ, 795-742 David Henderson, a.h. 555789. INVESTMENT INVESTMENT FLATS FLATS SUNNY, two adjoining twobedroomed flats with double garage, approx. 15 years, permanent material, low maintenance, close to shops, good tidy repair, Trafalgar Street, St Albans, $lOO,OOO 0.n.0. Phone 517-631. INVESTMENT large section and house, partly renovated, but needs to be finished, finance avail. Ph. 54-088, bus., 323-575 a.h. INVESTMENT MOORHOUSE Industrial Park, $450,000 nearing completion, attractive new warehouse, office, showroom complex, totals 6200 sq ft. dual access, excellent exposure and parking. Full details, ph. Grant Arnold, 480-966 or 844649 any time. Packard Real Estate, “Professionals” MREINZ. INVESTMENT opportunity. Attractive modern block of 2 perm. mats, shops, leased long term, showing 13 per cent nett. Spot zoned commercial. Priced for urgent sale at only $53,500. AlanBlackadder, Neumann Prier Commercial, MREINZ, 794120, a.h. 34-875. INVESTMENT opportunities from $50,000 to $lOO,OOO, three new sole agencies just listed, a home in 2 flats, $50,000, Gloucester Street, St Albans, $62,000, home in 2 flats, excel, cond, good size section and home in 3 flats, $lOO,OOO, choice Ranfurly/Sprlngfield Road area. Phone Clive Stanton of ChCh Realty, MREINZ, 892-895, a.h. 559520. INVESTMENT, Parkhouse Rd, $402,000, 2 new buildings of 8380 sq ft total, 1 tenant, 6x6 nett lease, returns 11.25 per cent. Ph. Terry White, 796521, Wrightson Real Estate, MREINZ. INVESTMENT prestige Riccarton Rd retail shopping plaza, $1.19 million, currently returning 11.75 per cent with regular rent reviews and long term leases. Good potential for capital growth. Contact Ron Hodder, Ph. 797-557, Prime Real Estate, MREINZ. INVESTMENT Rangiora. $200,000. Approximately 8195 sq ft, vacant possession available. Workshop offices, etc. prime site. Contact Colin Mackie, Wrightson Real Estate, MREINZ. Phone 796521. 9 INVESTMENTS Modern 4068 sq ft. New concrete units on Parkhouse Rd. Reutrning 10 per cent nett. Fully leased, price $236,500. Phone Hing Wong 796-521, Wrightson MREINZ. INVESTMENTS New 3451 sq ft concrete unit on Parkhouse Rd, returning 11.5 per cent nett. Fully leased. Price $159,000. Phone Hing Wong 796-521, Wrightson MREINZ. INVESTMENT, Spreydon, 5 bdrms, recently decorated. Easycare section. Currently rented $2OO p.w. Only $65,000. Private sale. Ph. 385-021. INVESTMENT unit, north west side of Square, $190,000. Office warehouse, north facing, quality tenant. Ph. Mark Williams 69-151, a.h. 554-284, I Flebig and -Associates, MREINZ.