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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. ■H-lAu'jwi INVESTMENT/ Commercial, 2 perm, material shops, returning $7OOO p.a. nett (Port Hills Rd), only $53,500. Alan Blackadder, Neumann Frier Commercial, MREINZ 794120. 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. INVESTMENT flats. 8 permanent materials, 2 bdrm units in 2 blocks of 4. In Beckenham/ Sydenham area. Low maintenance, good returns. $295,000. Phone David Johnson 371-316, any time. Harcourts, MREINZ. INVESTMENT FLATS 6 Completely modernised 2 storey perm, mats units in Upper Rlccarton (Rl), each with sep. courtyard and fencing. 5x2 bdrm and Ix 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 Freehold of shop in busy suburban block, return of 11.8 per cent with rent review in February. Details of lease etc. contact sole agent. Freehold title. $66,000. For details plus possible United Realty World finance phone John Kennedy, Drewerys, MREINZ, 799-646 any time. INVESTMENT, Inner city office block, exceptional site, excel, terms, vendor finance Interest free initially. Further details ph. Peter Nash, 831-182 or 886-198, Jarvis Real Estate MREINZ. 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 MOWBRAY STREET WAREHOUSE industrial complex leased to 4 sep. tenants, all with new leases, returning $37,168 p.a. or 13.04 per cent on asking price of $285,000. A fantastic Investment with good capital gain to be had In the future. Contact Humphrey Hollis, 797-557, any time, Prime Real Estate, MREINZ. INVESTMENT opportunity, 28 mini storage warehouses. Fully leased long term, returning 13 per cent nett, sell the lot for $295,000 0.n.0. or Individual units for $ll,OOO each. Alan Blackadder, Neumann Prier Commercial, MREINZ, 794-120. INVESTMENT or residential Gold Coast Liesure Village units from $91,000 to $127,000, 2 to 4 bedroom villa's, video and brochures available. Harcourts MREINZ 796-596, Max Wilson 898-274. INVESTMENT Papanui. Retail shops, modernised, excellent presentation showing 11.54 per cent return on asking price of $600,000. Contact Humphrey Hollis, 797-557, any time. Prime Real Estate, MREINZ. INVESTMENT prestige Rlccarton 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. INVESTMENTS, modern new factory units on Parkhouse Road, fully leased, 3451 sq ft, rent $18,296 per annum, price $159,000. 4068 sq ft, rent $25,668 per annum, price $256,500. Ph. Hing Wong, 796521, Wrightson, MREINZ. INVESTMENTS Office block (city) s3.lm Office block'(city) $900,000 Retail premise (city) $170,000 Retail premise (city) SI.SM Warehouse (34.000 sq ft) SI.SM Retail premise (Rlccarton) SI.4M Warehouse (4700 sq ft) $210,000 Warehouse (25,000 sq ft) $650,000 Block shops (suburban) $453,000 Warehouse (Sydenham) $478,000 Warehouse (Sockburn) $245,000 Warehouse (Birmingham Dr.) $220,000 Warehouse (Birmingham Dr.) $582,000 Warehouse (30.000 sq ft) $900,000. Retail complex (Queenstown) S7JM Warehouse (city - 25,000 sq ft) $980,000 Retail Mall sl.2m Retall/office complex (city) s3m Office block slom Phone Lyn Sparks, 794-120. INVESTMENT St Albans, 3 ownership units on sep. titles ideal investment or first home, $47,000 and $45,000 ea buy as a block or separately. Ph. Marion Turner 517-039, Mona Vale Real Estate Ltd, United Realty world, MREINZ.

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Press, 27 January 1988, Page 52

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639

Page 52 Advertisements Column 1 Press, 27 January 1988, Page 52

Page 52 Advertisements Column 1 Press, 27 January 1988, Page 52