Page 73 Advertisements Column 4

Press, 20 February 1988, Page 73

Properties for Sale ifIHKSTHTSy Colin's Column i for I© Wrlghtson Real Estate o a. | 7000 sq ft Warehouse. ffl Returns $30,000 p.a.RR Sept | 88, long lease, national H jj tenant. $250,000 t 3300 sq ft Warehouse. Inner ) city, carparks. $155,000 5 8195 sq ft Workshop, store, | offices. Rangiora, prime. $200,000 • 4000 sq ft Retail, wholesale. 1 Large land area, long lease, I major tenant. 5440,000 | 4477 sq ft, 2 major tenants, ij Long leases, new premises, 6 returns 10%. RR 2 years. e Birmingham Drive. $582,000 I 11,192 sq ft, Sockburn. ? Modern building, 6+6+6 3 lease (personal guarantee), I 10.5% return. $595,1100 | 9750 sq ft, new warehouse. High stud, Birmingham Estate. $400,000 'Ar Ac Ac HONG KONG < We have a representative ( in Hong Kong. Selected j high profile properties can | t be promoted to Hong | • Kong buyers. 5 i Call us for details. I tost | I Near new, returns $55,500- | | net p.a.RR 1988 $415,000 | B Contact Colin Mackie | Phone 796-521 | i PROPERTIES ' j FOR SALE i Annex Rd Off.W/H 567,000 ■ Annex Rd Factory Sl.sm Birmingham Dr Off. W/H 5230,000 j I Birmingham Dr Off.W/H 5157,800 M Birmingham Dr Off. W/H 5253,000 j I Blenheim Rd 166pSite 5450,000 H i Bromley Off.W/H 5210,000 H | Bromley Off.W/H 5430,000 0 Byron St New W/H jj j 7500sq.ft 5475,000 B ' City 204psite Snil.7s S i Coleridge St 69pSite $276,000 h i Disraeli St Factory 5105,000 B I Durham St WW/H 575,000 g ! Hazeldean Rd Factory Off. 5875,000 H Hereford St Off. Floor 5307,000 | Iverson Toe Off. Complex $2.375m | Manchester St Shops & Off. $1.15m j Manchester St Shops & Off. $950,000 | Papanui Office W/H sl.lom H Parkhouse Rd Office W/H 5232,000 | Parkhouse Rd Office W/H $400,000 | Somerfield Factory $llO,OOO I ; TuamSt Redeveloped 5925,000 | ; Wordsworth St Office W/H 5253,000 j j Wordsworth St Site 599,800 : i Wordsworth St Off. Factory $315,000 I Wordsworth St Office W/H 5134.900 | Wordsworth St Office W/H 5177,600 S j Wordsworth St Office W/H 5283,000 | This is a selection from our | wide range of investment | I properties, many leased to | national companies but | j some vacant to suit owner | operators. j COOK . UMB COOK &CO M.R.E.I.N.Z.H M 210 Cashel Street, Christchurch IS I ANYTIME JI INVESTMENT, block of shops, suburban, returning 13.7 per cent nett on valuation price of $165,000. Phone 56-256, a.h. 843-187. INVESTMENT, brand new factory, warehouse, 582 sq m (6395 sq f) situated in-prime Comm. Industrial area close to city. New 10 year lease commenced January 1988, 2 year reviews 10 per cent nett return on investment $360,000, Phone Wrightson Real Estate, 480-018 or a.h. Trevor Heron 583-055, MREINZ. . INVESTMENT, Cashel St. Only $500,000 buys this excel. 7200 sq ft building with solid long term tenant, returning 10.5 per cent nett. Alan Blackadder, Neumann Prier Commercial, MREINZ, 794-120, I a.h. 34-875. 1 INVESTMENT, city, prime retail site, Colombo St, excel. ’ tenancy, $695,000. Call Barry Botherway, Neumann Prier First National. MREINZ, 794120, a.h. 33-556. ’ INVESTMENT, first day offered. Block of 4 flats with excel, return, very neat, tidy and well presented, handy to city, shops and buses, $220,000. Please ph. Di Skidmore 791-417 a.h. 516-217 Robert Brown Ltd, MREINZ. INVESTMENT flats, city, $112,000. Charming well preserved cottage together with 4 furnished bedsits plus one one bdrm unit. Prime location, good tenants of long standing returns, 14 per cent nett on purchase price with rent review on units overdue. This is a sound investment. Ph. Les Link, Packard Commercial, MREINZ. INVESTMENT FLATS, $395,000 GOOD block of 8 perm, mats 2 bdrm units. Also large Residence containing six 1-bdrm flats. Fully let. Potential for additional flat. Excel, return. Ph. Joe Rosevear of H. G. Livingstone, Ltd, MREINZ, 796280. INVESTMENT FLATS SIX completely modernised 2 storey perm, material units in Upper Riccarton location (Rl), each with separate courtyard, 5x2 bdrm and Ix 3 bdrm unit 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. Be qwuick at $335,000. Call the specialist: TONY BRAZIER 553-397 Bus 555-305 a.h. INVESTMENT flats. Urgent sale of block of four. Currently returning 14 p.c. Rent : review now due. $160,000. Hornby Real Est. Ltd, MREINZ. Ph. Mike Limmer, 1 498-325, a.h. 429-521. INVESTMENT, house in 2 fiats, 2 bdrm and 1 bdrm. sep. ; lounge, kitchen. $58,500, , finance availabledph. 54-088. sss.