Page 59 Advertisements Column 4

Press, 23 January 1988, Page 59

Properties for Sale INVESTMENT PROPERTIES MOORHOUSE Avenue, 96 perch, 6900 sq ft building, 2 street frontages. Has to be one of the avenue's best sites. $l.l million. ’ MOORHOUSE Avenue, 30 1 perch section. $300,000. 1 MOORHOUSE Avenue, 95 ' perch approx., 40,000 sq ft w/ house, 4500 sq ft office, unique i opportunity, prime position, excellent value, $2 million. LARGE building in good loca1 tion, excellent long term lease to Govt Dept, showing over 12 per cent return on asking price, of $1.2 million. This is a superb investment. , BRAND new building 14,000 sq ft. Leased to long term tenant ; for $60,000 per annum. Price $590,000. Excellent long term investment. ' KINGSLEY Street, new warehouse office, 5000 sq ft w/ house, 650 sq ft office. Excel- ’ lent building, something a bit 1 different, Top long time In- ' vestment. Look at the price. ; $310,000. ’ CASHEL Street, redeveloped ■ site. This site is partially de--1 veloped and will be 3800 sq ft, price as is $171,000. Great opportunity. Phone Dick Thomas 559-097 INVESTMENT i ST ALBANS $62,500 ’ WELL presented character property divided into flats returning 15 per cent per annum. Double carport, 781 sq m section, handy to city and amenities. Sound investment. Ph. Graeme Kerr 7990-604, or 237392, a.h. SIMES INVESTMENT TIMARU PRIME redevelopment site of U3p on Main North Road into Timaru. Land only $300,000 or available with motel development plans. One of Timaru's prime development sites ex- . cellent . value. Ph. Dick Thomas 559-097. INVESTMENT, vendor finance avail., opp. Park Royal and Town Hall, 3000 sq. ft. in 2 levels, good potential for i both rental and capital gain. Jolliffes MREINZ 795-742 David Henderson a.h. 555789. INVESTMENT, Wickham St. $250,000. Returning $30,000 per year. 7300 sq fl warehouse and offices on 35.7 perch. Leased long term to national tenant. Adjoining vacant ind. 'A acre. May also be available. Rent review 1988. Contact Colin Macke, Wrightson Real Estate, MREINZ. Phone 796-521. INVESTMENT $415,000, near new block of suburban shops, well leased to sound tenants, currently returning 13.4 per cent with good potential for capital growth from regular rent reviews. Contact Ron Hodder, 797-557 Prime Real Estate, MREINZ. INVESTMENT, $585,000, Fitzgerald Ave locality. Warehouse factory/office complex, 14,0005 q ft of sound buildings. Has potential to return $70,000 p.a. or purchaser could occupy vacant office and warehouse space of 39005 q ft. Contact Ron Hodder, ph. 797-557, Prime Real Estate, MREINZ. INVESTMENT $BO,OOO, superb 1173 sq ft warehouse, leased to a national company showing good returns with regular rent reviews. Contact Ron Hodder Ph. 797-557, Prime Real Estate, MREINZ. INVESTMENT, $91,000, St Albans. Redecorated house in 2 self contained flats, subdividable section, close to Bealey Ave. Barbara Geddes 526-185 a.h. 57-466, Wrightsons, MREINZ. INVESTMENT, Equity partners required for hotel investment. Substantial complex avail, for syndication. Cash flow business with excel. capital gain potential. Contact John Gully, Title Security Investment, Kenton Chambers, 190 Hereford St. Ph. 794-176. INVESTMENT. $47,500. Upstairs, sunny unit in Avonside. Low maintenance, handy all amenities. Phone Fay Hardy, Harcourts, Ltd, MREINZ, 820-043 any time. INVESTMENT, 2 storey low maintenance house near Fitzgerald Ave, divided into 2 fully self contained flats returning $2lO p.w. Price $82,000. Phone 370-675. INVESTMENT 3x2 bdrm perm, mat units, Richmond, capable of earning $375 p.w. Lock up garages, price $150,000. For further Information call Tony Brazier, 553-397 Bus, 555-305 a.h. Cowdy Dolg and Co, MREINZ. INVESTMENT 5 perm, mat units on separate titles in St Albans, 3x2 bdrm, 2x3 bdrm earning $34,320 p.a. returning 13.7 per cent on $250,000. Call the specialist, Tony Brazier, 553-397 Bus 555-305 a.h., Cowdy Doig and Co, MREINZ. INVESTORS Two houses both containing 2 flats in Woolston and Linwood. For further details phone Cathryn Gray, 853-047 any time, Wrightson, Shirley, MREINZ. INVESTORS. High yield city building on 483 sq m zoned Commercial 4. Two road frontages, priced for early sale at $385,000. Present owner operator will lease back guaranteeing 12 per cent net return on long term with 2 yr rent reviews. Details from sole agent, Arthur Oliver of Manchester Homes, MREINZ, 795-060, any time. KAIAPOI A truly delightful character home set on compact corner section. Tastefully redecorated throughout. Two spacious bedrooms, large lounge with kent fire, cheerful kitchen with open fire, leading to sunny dining room. Secluded barbecue area, single garage. Great opportunity for first home buyers. Just listed by sole agents at $69,000. Please contact Adrienne McGill at Coates Turnbull, MREINZ, 8022 Rangiora or a.h. 5969 Rangiora (0502). KAIAPOI, Idyllic setting, large section offering privacy, barbecue areas, great outdoor living, 3 bdrm perm mats home of 9 years, alum, joinery. Pleasant comfortable home, nothing to spend, huge 4 car garaging, adjacent section available also, phone Pam Farr, Rga, 5194, a.h. Kai 6061, Harcourts, MREINZ. KAIAPOI location, perfect with rural views, house with 3 bdrms and all permanent material, built into this home is a 1 bdrm self contained flat, ideal for dependant person. Rh. Harcourts, MREINZ, Ran&ora 5193 a.h. Marilyn Te Amo, Rga 27-364.