INVESTMENT PROPERTIES CITY, 4300 sq ft warehouse, current return $13,000 with rent review in June. Settlement could coincide with rent review. Sound tennant. $150,000. CITY, 3400 sq ft warehouse, ■ not tennanted but look at 1 the price. $lOO,OOO. MOORHOUSE AVE, prime position, 95 perch with ; 8000 sq ft building. BUSY suburban shopping centre. A chance to own a quarter share in this popular centre. Showing 1 10.5 per cent return with ! some rent reviews this ! year. $121,000. : Phone Dick Thomas 790-604 SIMES INVESTMENT property, ! $190,000. Property of two new units and an older house in two flats, on a 40p section. This property is returning 14 : p.c. and has potential for more. For more Information call sole agents John Ander- : son 526-166 a.h. 27-7592, Har- ' courts MREINZ. INVESTMENT PRIME AUCKLAND PROPERTY 0 Hobill Ave, Manukau City ' — warehouse units from 846 sq ft, 1362 sq ft. Guaran- ' teed leases. Priced from $57,858. O Poland Rd, Glenfield — prime North Shore warehouses. Units from 1604 sq ft, 3341 sq ft. Guaranteed leases. Priced from 1 $208,209. © Fox St, Parnell location, capital gains. Three level office ‘building. Architect designed. Completion late 88. Budget price, $1,500,000. Phone 598-137, a.h. 57-672 INVESTMENT, Riccarton, $133,500. Lochee Road, ideal as letting proposition, ' should return in excess of 11 per cent gross. Block of two flats, Summerhill stone, 2 bdrms In each plus single garage. Ph. 484-149, Whittle Knight and Boatwood, MREINZ, a.h. Barney Williamson, 587-247. INVESTMENTS (All new listings) INDUSTRIAL $1,350,000. 43,000 sq. ft. building, 7078 sq. m. land, leased to national company, 20 years. 2 year reviews, deferred settlement, finance avail. 11.85 percent nett. COMMERCIAL BRISBANE sAustsso,ooo. 6 new strata title shops, fully leased, 11.2 percent nett, CPI annual reviews. Can purchase sep. Details , avail. INDUSTRIAL $615,000. Attractive building of 664 sq. m., 234 mezzanine on 2902 sq. m. 13, 6 year nett lease, national tenant, close Fitzgerald Ave. For further details ph. Terry White 796-521, Wrightsons MREINZ. INVESTMENT, showing 515.000 per annual nett return, comprislsng 3 bdrm home, plus shop situated in Governor’s Bay leased 6x6 with annual rent review, $160,000. Phone Ray Mitchell, 796-524, (any time), Wrightsons Real Estate, MREINZ. INVESTMENT, shop, freehold, in the Hei Hei area, very spacious, will be vacant shortly, will readily relet in this ’ popular shopping centre, selling at G.V. $44,000. Beasley, Packard and Chamberlain, MREINZ, ph. Rex Haley 62-105. INVESTMENT, $400,000, Colombo St C 4 retail shops, well leased inside belts south of square, a prime corner position, rarely offered. Contact Humphrey Hollis, 797557, a.h:L5B5-331, Prime Real Estate, MREINZ.
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Press, 20 February 1988, Page 73
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420Page 73 Advertisements Column 6 Press, 20 February 1988, Page 73
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