Hotels for Sale, A SELECTION THAT’S HARD TO BEAT NOW IS THE TIME TO BUY COMPETITIVE LEASES: Christchurch Tavern, new lease, $525,000 Nelson district, new lease, $620,000 European Tavern, Westport, $150,000 Marlborough Coast, $400,000 Christchurch Periferal, $240,000 Sth Canterbury, $lBO,OOO West Coast Tourist, $400,000 Golden Bay area, $575,000 Southern Lakes, $550,000 Upper West Coast, $150,000 All Plus Stock. AFFORDABLE FREEHOLDS: Adjacent Christchurch, $350,000 and $295,000 ' West Coast, fantastic, $1.65 million Sth Canterbury starter, $240,000 Christchurch Periferal $925,000, North Canterbury starter, $175 000. North of Westport, $295,000 Sth Canterbury town, $600,000 plus plant Chch city, $3.9 million Sth Canterbury city, $790,000 Nelson, 1.6 million Chch city, $3.5 million S.I. Tourist $2.8 million and $1 million. Plus many more unadvertised. For experienced confidential and professional service, please phone the specialist, Colin Jakeway, on (03) 63-394, anytime'. island MOmUS UR£i «brokers HOTELS Buying, Selling, Leasing New Zealand wide Phone Keith Geary 790-246, a.h. 327-270 One of the country’s most experienced hotel brokers. HOTELS FOR SALE Available now FREEHOLD $400,000 FREEHOLD $320,000 FREEHOLD $170,000 FREEHOLD $170,000 LEASEHOLD $650,000 LEASEHOLD $160,000 Dravery’s ESTATE fiGEKCY LTD MREINZ iseatty Worid’"— PHONE BRIAN HOLBROOK 799-646 ANY TIME. LEASEHOLD HOTEL BEST BUY IN N.Z. FEATURES include: © T.O. In excess of $BOO,OOO © Long lease with option freehold © First class restaurant and bar facilities <3 No wholesale or bottle store sales © Accommodation for up to 80 guests, well patronised by visiting sports teams and the travelling public This major hotel is an excellent investment and would be well suited to a partnership operation. Our vendor is keen and is priced to sell at $320,000. Details, Ted Box, Neumann Prier Commmerclal, MREINZ, ph. 794-120. WANTED HOTELS/TAVERNS LEASE OR FREEHOLD GENUINE CLIENTS CHRISTCHURCH PERIPHERALS I have several frustrated clients that I unfortunately can’t place requiring leases or freeholds adjacent to Christchurch. Leases to $450,000 and freeholds to $600,000. Clients can be introduced immediately. If contemplating sale, please telephone Colin Jakeway on (03 ) 63-394 any time. This is a genuine plea for help and confidentiality is assured. ISLAM? / MOTELUi „BBOKEKS investments CITY, $425,000. Block of 8 flats with excel, returns, located in a prime area of Hereford St, hurry, so you will not miss this incredible opportunity. Ph. Nicky Bianchini 790-246 of Neumann Prier. MREINZ any time. CITY. Excel. Investment, house in 4 flats, close to the city, returning $315 p.w. Ph. Nicky Bianchini 790-246 of Neumann Prier, MREINZ or 430-016. CROPSTON house avail, to be purchased as a guest house, fantastic investment and excel, rental potentials, hurry for this unique opportunity to buy at $148,000. Ph. Nicky Bianchini of Neumann Prier, MREINZ 790-246 any time. INVESTMENT, Riccarton, $155,000. Two 3 bdrm flats and one 2 bdrm flat, each on sep. o/ship titles and presently tenanted. Good cond. 2 mins to central shops. Vendor vlnance could be avail, at attractive rates. Ph. Ernie Russell, Riccarton Real Estate, 487-029, a.h. 383-445, MREINZ. INVESTMENT $465,000, Ferrymead, 7500 sq.ft warehouse and 1500 sq.ft offices. Prestigue development, completion soon. Call Barry Bothaway, Neumann Prier First National MREINZ, 794-120 a.h. 323-516. INVESTMENT. Opportunity to become part of a property syndicate in Chch. Building located within Central Build. Distr. National tenant, sound lease, strong rental growth this year. $36,000 per share. A genuine opportunity with benefits passed directly to syndicate members. For more information ph. 265-167. INVESTORS an excellent city Investment opportunity. A 1113 sq in section. 44p. that is zoned R 5 and could be used for development. At present has a large 4 bedroom character home with block garage that could easily be converted for renting. For further details, phone Wrightson Real Estate, MREINZ, James Margartitis, 480-01® a.h. 852-418.
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Press, 20 February 1988, Page 81
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601Page 81 Advertisements Column 6 Press, 20 February 1988, Page 81
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