Page 61 Advertisements Column 11

Press, 15 February 1989, Page 61

INVESTMENT PROPERTIES $175,000 — Modern near new, tilt slab, with 4 car parks — current rental $20,500 p.a. nett. $280,000 — Excellent 8000 sq ft building, 75 perch, corner site. Old est. tenant, 10 year lease, returning $31,000 p.a. nett. $450,000 — Warehouse of 9720 sq ft in two sep. units. Superb design massive frontage, returning $50,544 p.a. nett. $2,450,000 — City Mall commercial, 18,000 sq ft, national tenant, rent review due, vendor may consider trade another property. $1,333,000 — Commercial I shops, modern tilt. slab units, 36 car parks, long leases, returning $160,000 p.a. nett. Extra building potential. $315,000 Superb ultra modern showroom office, w/house, International tenant, . long lease, returning $34,500 p.a. nett, unique opportunity. $300,000 — 5 Self contained units inner city tilt slab cons, total 5812 sq ft, all leased, return $34,500 p.a. $450,000 Exciting ultra modern front, 11,600 sq ft warehouse 7 & 7 year lease returning $50,000 p.a. nett. Noel Baker # INVESTMENT! I PROPERTIES 1 IM $120,000 - Vacant Sydenham' I warehouse 2650 sq ft set up for “ manufacturing - suit owner ■ ■ operator - good value. ■ $310,000 - Attractive city fl I building leased long term to an ■ international company - nett fl • ■ lease - high profile building. ■ $290,000 - New building - fl ■ strong tenancy high profile ■ attractive architecture - good! ■ rental growth here. ■ $190,000 - A top U.K. based fl ■ tenant 8 year lease located in an ■ excellent street - secure now - ■ ■ settle April - excellent return. ■ $340,000 - Modern building one ■ I block from Cathedral Square - ■ separate unit title - located ■ I popular Manchester Street, | National tenant. m I $163,000 - National tenant - I well located front unit in ■ I Sydenham - a top class ■ investment showing an excellent B ■ return. | $455,000 - Near new building ■ showing 13% return 6+6 lease 2 1 fl year reviews - strong national ■ ■ tenant. | I $2.5 miHon - New retail and ■ ■ office complex - excellent rental | ■ growth prospects - top tenancies « ■ suit trust investment. R ■ $858,000 - Modern retail and a office complex - very good | ■ tenancy arrangements - a carparxing onsite - excellent ■ ■ location - growth prospects are " first class. ■ ! COOKi ■ MB COOK & CO . M.R.E.I.N.Z.a ■ 210 Coshel Street. Christchurch ■ I Greg Horgan or 1 ■ Roger Bridge R INVESTMENT GREAT Investment, new listing, St Albans. In 4 flats, returning $320 p.w., $16,640 p.a. 16.80 p.c.-Second mortgage of $15,000 at 14 p.c. Be quick, $99,000. Ph. 790-604 MREINZ, a.h. 664-054 Dean Marshall. SIMES INVESTMENT opportunity for small investor. Extremely tidy 2 bedroom flat, close to City and all amenities, at only $48,950, extra income for little capital. Be quick. Ph. Sylvia Cooper 853-026, a.h. 667-095 or 558-749 Giera Real Estate MREINZ. INVESTMENT Papanui $112,000. Ist day offered. Character villa situated close to Papanui shops in quiet street, 3 bdrms, attach, perm, mats, spacious 1 bdrm flat with its own private back yard. Together the return of $305 p.w. makes this excellent buying. Ph. Nigel Kelr or Jenny Moller, Papanui office, 522-729, anytime. Neumann Prier Ltd, MREINZ. INVESTMENT, properties. $119,000, 2 houses located reasonable proximity to city, in 5 flats on ‘i acre, R 4 zoned land. Phone Peter Perham. 853-009, Harcourts, MREINZ. INVESTMENT, prime suburban commercial property, well leased to quality tenants for 12 years, all net leases. Showing excellent returns on an investment of $550,000. For details phone , Ted Robinson. 660-991. Cowdy Doig and Co., Ltd. MREINZ. f