Page 59 Advertisements Column 8

Press, 24 August 1988, Page 59

Properties for Sale INVESTMENT, Sydenham, premises of 2650 sq ft on long lease to major tenant available at $125,000. Will show good returns. M. B. Cook and Co, MREINZ, ph. 668-334 Jeff Vesey. INVESTMENT warehouse/ office complex of stylish design built in 1986 situated in a progressive Chch area leased for 10 years to a national tenant with 2 yearly rent reviews. Tenant pays all outgoings incl. land tax. Building area 8129 sq ft. Annual rental $46,573. Selling price $465,000. Inspect with Pacific Real Est. MREINZ. Ph. P. Mangos 791000. ■ * INVESTMENT Warehouse. Situated in progressive area of Chch. Leased to a national company for 20 years. Rent reviews 2 yearly. Tenant pays all outgoings. Total area of building 42,905 sq ft (3986 sq m), sited on 7078 sq m of land. Selling price $1,350,000. Settlement can be deferred to 28th November 1988 and rent Is guaranteed to be not less than $160,000 p.a. as at that date yielding 11.85 p.c. on purchase price. Finance available to approved purchasers. Inspect with Pacific Real Ejst. MREINZ. Ph. P. Mangos 791-000. INVESTMENT, well maintained character flats on 40perches, close to town, comprising two purpose built 3-bdrm flats plus large villa divided into two very spacious flats. Owners retiring. Easily capable of returning $28,000 p.a. (16 per cent), $175,000. Ph. Ford and Hadfield, Ltd, MREINZ, 797830 a.h. Greg Armstrong 323047. INVESTMENT, $155,000, Wordsworth Street, 2693 sq ft leased to good tenant. Excellent buy to return 12 per cent. Phone Alastair Bell, 668-334, a.h. 558-667, M. B. Cook and Co., MREINZ. INVESTMENT $550,000, block of 7 mod. shops In busy suburb, returns $57,000 p.a. nett, some reviews pending. Ph, Terry White, 796-521, Wrightsons, MREINZ. INVESTMENT, $57,500, secure ownership flat. Close Papanui Rd. 2 bdrms, shower over bath, well fenced, easy care garden and garage. Well maintained. Good tenant. Phone Mrs Spencer 797-320 (a.h. 519-684), Weston Real Estate, MREINZ. INVESTMENT, $650,000 HERE’S AN OPPORTUNITY FOR THE PRUDENT INVESTOR Two very well tenanted industrial commercial buildings on separate titles in a very popular location. BUILDING 1: Near new building of 9454 sq ft on a 952 sq m site. BUILDING 2: A well maintained older building of 4010 sq ft on a 1001 sq m site. These two properties are back to back running between two street frontages and offer an excellent opportunity for further development. Current rental returns showing a 12 per cent return on asking price. Generous vendor finance available. Our vendors are genuine sellers so an early inspection is recommended. Please phone Dick Thomas, 790-604, a.h. 559-569. SIMES INVESTMENT. $135,000 3 x2 bedroom Summerhill stone, neat, very tidy, easily managed, handy city, returning $20,000 rents plus capital gains tax free. Ph. Peter King 797-320, a.h. 851-216, Weston Real Estate, MREINZ. INVESTMENT, 4 x 2-bdrm perm, mats units, close to city, overlooking river on sunny site. Interior rejuvenation underway. Capable of $25,000 p.a. on completion. $lBO,OOO. Call the specialist, Tony Brazier, 660-991 bus., 555-305 a.h. Cowdy Doig and Co., MREINZ. ISLINGTON $79,500. Delightful 3 bdrm perm. mat. home, beautifully .sited on manicured 32 p section, offering sunny lounge, dining, well appointed kitchen, dble garage and glasshouse. Not a cent to spend. John Kennedy, 594-282, a.h. 583-447. Lyons Rosevear Real Estate, MREINZ. KAIAPOI don’t miss this one, only $72,500 for this sparkling, 3 bdrm family home in glorious 4 acre garden. Spacious living with kent fire, new bathroom, large double garage, a pleasure to inspect, ph. Jane Ross, 650770, a.h. 557-833, Joan Harnett, MREINZ. KAIAPOI NTH, $89,995. Spacious 4 bdrm family home on 1 acre of land (ideal for a pony) sunny living areas, new carpets, 4-car garage. Gillman Real Estate, MREINZ, ph. 7931 Kaiapoi, a.h Paul Biddington 23-7036 or Kai. 6914 or 8708. MftYDUWIU KAIAPOI WHAT a winner! Looking for a larger family home? Only 5-year-old. Offering 4-5 bdrms, roomy living with lounge opening to manicured landscaped grounds, huge garage. Priced to sell at $129,500. Ph. Graeme Kerr 517052 or 23-7392 a.h. Simes and Co,, MREINZ. KAIAPOI , $62,000. Tidy perm, mat. home with 2 dble bdrms, sunny lounge with open fire, kltchen/diningroom, large well fenced section. Sole agents, Gillman Real Estate, MREINZ, ph. 7931 Kaiapoi a.h. Paul Biddington, 23-7036 ’or Kaiapoi 6914 or 8708. KAIAPOI, $BB,OOO jfISTED 3 bdrms, perm, material, totally immaculate, a delight to view, nice gardens. Spacious dining room, large garage. Phone Craig McDermitt, (0502) 5193 or a.h. Kai. 7959, Harcourts, MREINZ. KAIAPOI , $96,000. Delightful family home set to the sun on large private section, spacious living areas, excellent chattels, garage, amongst quality homes. Sole agents, Gillman Real Estate, MREINZ, ph. Kaiapoi 6552 a.h. Marilyne Pasco, Kaiapoi 8708 or 23-7036 or Kaiapoi 6914. KAIAPOI. New luxury ranch settler style 3 bdrm home and dble garage. Extra family room plus large dining and sunny lounge, ensuite entry to bathroom. Verandahed, patio and ranchsliders. Special, reduced price and ready now, $99,950. Ph. 485-189, John connelly a.h. 229-334, Enterprise Homes. LINWOOD, $53,000. 2 bdrm villa close Linwood City. Ph. Cloudesley Developments 795-806.