Page 55 Advertisements Column 1

Press, 29 June 1988, Page 55

Hotels for Sale FOR the best hotels and taverns, leasehold and freehold, offered for sale contact Mary Rathle, Rathie James MREINZ, 799-599 a.h. 881-047. 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. HOTEL/TAVERN WANTED GENUINE REQUESTS ® Urgently required for quick settlement, a small unit in any South Island location for semi retirement. Purchase leasehold to $600,000 or freehold to $lOO,OOO. Immediate introduction. © Australian purchaser seeks property or business Canterbury, Nelson or Marlborough, freehold to $400,000. Leasehold to $500,000. Available for introduction July 3, 11. It you can be of assistance your call would be very much appreciated. Please telephone in total confidence Colin Jakeway on (03) 663-394 any time. ~ SOUTHWI ISLAND Ff MOTEL Ls BROKERS HOTEL ' 0 TURNOVER sl.2m. • EXCELLENT plant/chattels. © SOUGHT after holiday resort. 9 FIFTEEN year lease. © PRICE $550,000, plus stock/ rent. For further information, phone John Bentley, 480-759 any time. MOTOR INN URGENT SALE PRELIMINARY ADVICE MAJOR highway location in South Island city. Large complex with tourist licence, conference facilities, restaurant and guest accommodation, partially up-graded, high chattel value with very little goodwill in $450,000 plus stock asking price, finance at favourable rates, available to suitable purchaser, good lease. Urgent sale. For further information, please phone the vendors Broker Colin Jakeway on (03) 663-394 any time. ISLAND MCnrELUH BROKERS Investments AVAILABLE July, 1000 sq ft modern retail premises in suburban mall. Sell or lease. Realistically priced. Phone Sumner 6284. BARGAIN, dairy and attached 2 bdrm house, showing 13 per cent return. Rent review October 1, 1988, expected return then 15 per cent. Reduced priced to sell, $75,000. Ph. 665-802. ♦ ♦ ””♦ ♦ INVESTMENT first time offered. Service Station in popular seaside area, land and buildings, returning $22,000 per year, asking price $200,000 at regd valuation. Ph. Bryan Pearce, 795-060, Manchester Homes, MREINZ. INVESTMENT, retail shop in popular north-west suburban centre. Good tenant on sound lease providing steady return. $85,000. Barry Wilkins, Neuman Prier Commercial MREINZ 794-120 any time. INVESTMENT St Albans, $79,000. Two 2 bdrm units in perm. mats, garaging arid off-street parking, returning $12,000 per year. Ph. Bryan Pearce, 795-060, Manchester Homes, MREINZ. INVESTMENT. North West. Two freehold shops, busy suburban centre. Good leases. 11 p.c. return on price of $125,000 plus GST. Phone Graeme Hoare 799-646 anytime. Commercial Division, Drewerys MREINZ, United Realty World. INVESTMENT, 60 acres, mature and semi mature pine trees, near Rakaia. Immediate return if required. Vaulation report available, for genuine sale at below valuation, $120,000 0.n.0. Phone owners agent, Allan Lamble, 484-149 a.h. 555-188, Whittle, Knight and Boatwood, MREINZ. BLUE CHIP INDUSTRIAL ESTATE SETTLERS CRESCENT. Be quick, only 4 sections left. Close to port and city, could be last opportunity. Terms available. Priced from $148,000, exclusive GST. Further enquiries phone sole agents, Simes and Co., 790-604, MREINZ, a.h. Dean Marshall.

COMMERCIAL PROPERTY DUNEDIN $965,000 PLUS GST THIS MOST ATTRACTIVE modern main street showroom and office building is in excellent condtion and up to 1988 standard of presentation. The property is leased for 4 years with right of renewals for a further 4 years with a total of up to 18 years The lessee is responsible for all outgoings. Present rental is $116,000 per annum with 2 year reviews. It is leased to a substantial N.Z. public company. For further details please write to:THE PROPERTY MANAGER, PRICE WATERHOUSE, ' P.O. Bpx 5346 DUNEDIN, '■ or plione (024 ) 779-923.