Page 36 Advertisements Column 7

Press, 12 October 1988, Page 36

I ! nvestor L!ne y " st rate ay ' s For other rates Ph. (09) 399-402 or (09) 775-450 Toll Free Countrywide Banlcfe A Registered Prospectus may be obtained from any Countrywide Bank Branch ” CRvvoto PaoasOTi© mobile phones i 3 JMMB N.Z.’s biggest selling cellular XTJX mobile phone — because it’s njfea a car phone that’s also a portable phone. Paoasoifc Office Os gw 314 Manchester Street W ! k" 7 Telephone 657-222 \~RURAL BANK TELEPHONE CALL DEPOSITS I TOP RATE 14.00% P.A. $5,000 to $20,000 519,999 p.a. and over p.a. Call 13.50% 14.00% Up to 30 days 13.25% 13.50% Up to 60 days 13.25% 13.50% Up to 90 days 13.00% 13.25% For today’s rate and longer terms 'phone (03) 663 518 Toll free (03) 661 363 Toll free EUROBANK FORSALiBYPUBIIcI TENDER 22 HECTARES FREEHOLD CLOSE TO CHRISTCHURCH This magnificent property is fully deer fenced with excellent potential for other usage. Improvements include a superb architecturally designed 316m 2 dwelling with double garaging, and a three-bay implement shed. Plant in good working order is offered together with the improvements. The property is held in one title, presently subdivided into 10 paddocks. Potential exists for purchasers to subdivide into separate titles under an existing scheme plan. A comprehensive property report is available to prospective purchasers. Highest or any tender not necessarily accepted. Tenders to be marked “Farm Tender” and close with Grant McGowan, Accountant, P.O. Box 4127, Christchurch, on Friday, October 28, 1988 at 4.00 p.m. For conditions and particulars of tender, I and appointment to inspect, contact Grant McGowan Accountant Phone (03) 790-209 or 650-866 Christchurch PAUL HASTINGS NOW SELLING SELECTED WELLINGTON PROPERTY INVESTMENTS (The ONL Y Security) INDUSTRIAL COMPEX headleased to multi-national for 30 years from 1978. Built 1965, highstud warehouse 113,500 sq ft plus Office Block 5200 sq ft. Tenant pays all outgoings. Land area 3 acres, railway close by. Price $5 million, yielding 12% nett. OFFICE BUILDING: Built 1979, approximately 19,000 sq ft plus 33 carparks, striking appearance, leased to Insurance Company 9 years from 1988 with two rights of renewal. (Tenant may wish longer term). Tenant pays outgoings, income currently $328,869 p.a. reviewed three-yearly. Price $3.4 million, yielding 9.7% nett. WAREHOUSE BUILDING, newly completed, leased to top-line South Island Company. Area 24,000 sq ft plus 6 carparks, well-located. Income 5216.137 p.a. Price 32.4 million, yielding 9% nett. OFFICE BUILDING: Central Wellington, four storeys totalling 26,000 sq ft, with 14 carparks. Leased to internationally-known tenant, a well-known building. Price $5.6 million, yielding 9.6% nett. COMMERCIAL BUILDING: Central Te Aro built 1978. attractive, useful design. Approximately 6800 sq ft with 3 covered parks. Leased 10 years, two-year reviews, tenant pays all outqoinqs. Price $975,000, yields 8.4% nett pending review 1989. WAREHOUSE COMPLEX: Approximately 58,000 sq ft built 1962, attractive sturdy appearance. High-stud space, three separate areas, plus office block approximately 3500 sq ft. Income $342,000. Price $2.85 million, yields 12% nett. OFFICE BUILDING erected about 1981, very attractive, well-leased to single tenant, term 21 years from 1981. income $300,000 p.a. due for review again 1990. Price $3.1 million, yielding 9.7% nett. COMMERCIAL BUILDING: Te Aro. Three-storey modern; O ouse building, income $89,000 p.a., due for review next year, poten^O Vs VOO p.a. Price $1.5 million, potential yield 10% OWNER-OCCUPIER OFFICE FLOOR, central Wellington. Approximately 7500 sq ft with 3 basement carparks leased to National Accountancy Practice, income currently $153,351 p.a. due review 1990 Price $1.65 million, yields 9.29% nett. Cash deposit $550,000 could finance COMMERCIAL BUILDING: Erected 1986, attractive showroom-office-warehouse building, totalling yieldiSg t 6 W B%nett a,ParkS - Ren,al revieW due ’ po,ential SB2 ' O(M pa ' WAREHOUSE INVESTMENT: ES 1 ,? Bu ' ldi T approximately 16,800 sq ft. leased to well-regarded tenant, term 11 years plus right ol renewal. Income $220,000 p.a plus all outgoings. Price $2.2 million, yields 10% nett H P OWNER-OCCUPIER Office Floor, central Wellington. Ground floor approximately 3520 so ft with 2 carparks. Leased to national tenant for 12 yearT Price $1 1 mihion yields 8.4%