Page 69 Advertisements Column 8

Press, 5 March 1988, Page 69

Properties for Sale INVESTMENT, Papanul. Retail shops, modernised, excel, presentation, showing 11.54 per cent return on asking price of $600,000. Contact Humphrey Hollis, 797-557, a.h. 585-331, Prime Real Estate, MREINZ. INVESTMENT sections at Castle Hill village from $19,000,' they will never be cheaper.! Pacific Real Estate, MREINZ, ph. 791-000, a.h. ; 851-725. INVESTMENT, shop with ac-: commodatlon showing $7200 p.a., new rent review July, asking price only $65,000. Ph. Simmons Real Estate; MREINZ, 57-757 a.h. 558-408. INVESTMENT shop, $135,000. Colombo St, close Smiths City and Noel Leemlng. Older shop with sep. self contained flat above. Can be bought vacant or with new lease showing 10 per cent nett return. Ph. Noel Baker; 797-557, a.h. 370-301, Prime Real Estate, MREINZ. ' INVESTMENTS INNER CITY High Street older style 2 storey building including retail and self contained flat. Price $75,000 Manchester Street older style 3 storey building Incorporating retail and office space. I Price $300,000 Manchester Street. Superb opportunity for refurbishment with new facade, etc...2 storey building incorporating 259 sq m (2790 sq ft) ground floor retail, 241 sq m (2600 sq ft) first floor office area. Price $650,000 I Attractive new 697 sq m building comprising 457 sq m (4919 sq ft) warehouse, 240 sq m (2584 sq ft) offlces/showroom area, 10 carparks. Prominent central position within proposed business zone vacant possession or vendor guarantees 9.75 per cent to Investor. Price $700,000 Exceptional location with picturesque outlook, two substantial tenants with long term leases. Outstanding 1828 sq m (73 perches) site with 33 carparks and modern building. A good solid investment. Price $3,125,000 SUBURBAN RETAIL COMPLEXES PRIME LOCATIONS Choice of six modern properties, fully leased and strategically located on main arterial roads. Priced from $122,000 to $2,500,000 INDUSTRIAL PROPERTIES. Close Fitzgerald Avenue 310 sq m (3340 sq ft) warehouse/factory zoned Ind. 3, vacant possession, suitable splitting into multi-tenancies. Price $145,000 , New tilt slab warehouse 272 sq m (2930 sq ft), attractively.'designed, vacant possession. Zoned Ind. 3, Sydenham , Price $219,750 | Attractive new warehouse let to substantial national tenant. Zoned Ind. 3, Sydenham. ■ Price $349,200 Substantial 2-year-old building containing 1494 sq m (16,082 sq ft) high stud warehouse plus 198 sq m (2131 sq ft) attractive offlce/admlnlstration area. Situated on 11.571 hectares (3.88 acres) in! two titles with large sealed yard, ample parking and wide frontage to busy road. Vacant possession or vendor will lease back (substantial client). Price $BOO,OOO I FOR FURTHER DETAILS CONTACT ' COLIN RHODES ' i Phone 797-830 ; 1 A.H. 325-928 | COMMERCIAL AND INDUSTRIAL DIVISION. ‘ I I INVESTMENT, Sumner, (large older style home In [three flats, all easy to let, $179,950. Cunningham Real Estate, 266-119, a.h. 286-273, MREINZ. INVESTMENT, warehouse situated in Tuam St, Christchurch, leased for 6 years to reliable tenant for $15,265 p.a. Bldg area 3623 sq ft. priced to sell, $145,000. Full details, Pacific Real Estate, MREINZ. Phone 791-999. P. Mangos. INVESTMENT, warehouse In progressive area of Christchurch. Leased for 20, years to a National Company, rent reviews 2 yearly. All outgoings paid by tenant. Blinding area 42,905 sq ft (3986 sq m), area of land 7078 sq m. Settlement can be deferred to November 28, 1988 with rent gauranteed to be not less than $160,000 p.a.; as at that date yielding 11:85 per cent on purchase price of $1,350,000, finance available to approved purchasers. Inspect with Pacific! Real Estate, MREINZ, ph. 791-000, P. Mangos. INVESTMENT, $121,000.) excellent opportunity to ;own a quarter share In this busy suburban shopping complex show 10.5 per cent | return with some rent review in April of this year. Doii’t miss this chance. Phone Dick Thomas 790-604, a.h. 559-569, W. E. Simes and Co., MREINZ. | INVESTMENT, $250,000 0.n.0., warehouse on St Asaph St, Just leased to a national tenant showing 10 per cent return. Excellent location, will show strong growth in the future, not manyiaround as good as this one; at this price. Contact Humphrey WkWaWMb INVESTMENT $274,000' Superb new warehouse, including generous office, sited in upmarket Birmingham Drive. This smart property Is leased long term, to al multinational tenant, yielding good returns, with! regular rent reviews. Good potential for solid capital growth. Ph. 797-557, Ron Hodder.la.h. 844343, Prime Real ; Estate, MREINZ. INVESTMENT, $250,000. Excel, investment with good rental return and considerable future development potential. Valuable H aJcre site, Lichfield St, by (produce markets, with sould older building leased loiig term. Currently showing) 10 percent with reviews due shortly. Selling at land value. Ph. John Medley, 62-428 any time, Glass/Blackwell Real Estate MREINZ. ) ‘ INVESTMENT, $333,000, Strata title office floor with excellent parking In a unique situation with strong growth potential. Leased long term to an international tenant showing 10 per cent return. Contact Humphrey Hollis, INVESTMENT $65,000. Richmond home In 3 |s.c. Hats, dble. garage, returns $11,336 p.a. Ph. Glenn Slaughter, a.h. 34-999 or 797-830 Ford and Hadfield Ltd; MREINZ. INVESTMENT, $79,950. Brick house, in 3 flats, returning 17 p.c. Excellent tenants. Ph. sole agent; Ron| Turner, Prime Real Estate, 797-557, a.h. 889-536. MREINZ. KAIAPOI, older type cottage needs some work. $36,000. Ph. 7606 Kaiapoi.