Page 60 Advertisements Column 5

Press, 1 March 1989, Page 60

Properties for Sale INVESTMENT, north-west area, professional rooms, returning 13 per cent nett on regd val. Secure long term lease, tenant pays most outgoings, very tidy investment. $145,000. Ph. Adrienne Mitchell, Southern Estates, MREINZ, 652-510, a.h. 558INVESTMENT 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 OWNER OCCUPIER Central City location, warehouse, showroom etc. Plenty of car parking or rear site for redeveloping total land area 23015 q m. INVESTMENT New warehouse office, Australian company as tenant on long lease $120,000. Sydenham two excellent units, solid tenants, excellent returns $250,000. Contact: Penny Shrimpton 796-521 or 321-367 a.h. m—wgSw—■ INVESTMENT PROPERTY FOR SALE WELL situated commercial prperty for sale, adjacent to existing Mall, with adjacent land including the subject property being rezoned for further development. Existing leases are long term to good tenants who are trading well. This property has experienced excellent rental growth over the last 3 years and has further potential still to come, with adjacent redevelopment. Present income $59,980 per annum net, asking price $525,000. PHONE (03) 496-307 INVESTMENT Riccarton, 3x4 bedroom permanent material flats, 16 years old, earning $28,600 p.a. giving secure 13.3% p.a. return wih potenial for more. Ideal location, close to Hagley Park and Riccarton Mall. $215,000. Call the specialist, Tony Brazier, 660-991 bus. 555-305 a.h. Cowdy Doig and Co. MREINZ. INVESTMENT, St Albans, $66,950, Springfield Rd, house in 4 bdrm and 2 bdrm flats, returns $270 p.w. Geraldine St, $68,500, house In 2 2-bdrm flats, returns, $230 p.w. Ph. 553-981. INVESTMENT, $500,000, brilliant corner site, 4000 sq ft office, warehouse, show room, 2 titles, 1000 sq m Ind. 11l land, ideal owner/occupier, phone Terry White, 796521, Challenge Realty, MREINZ. Investment $59,950. And you can trade your car on this one (either up or down) TIDY 3 bedroom home, handy to city, thousands spent inside, good letting proposition, or as family home. Phone now Dick Thomas 790-604, a.h. 559569. SIMES INVESTMENT $78,000 INNER city apartment or office suite, north-west area, on 3rd floor. Pleasant view. Two bdrms, sunny, bright living, excellent security. Ph. Greg Armstrong 797-830 or a.h. 323-047. Fordßaker gggggjjjjgg INVESTMENT. 1000 sq ft new shed on W acre section, has wooden floor, fully wired, pot belly fire, large windows and doors, town water supply. Handy to new ski field development in Walau. $25,000. Ph. 652-968 evenings or Walau 6360. INVESTMENT, 1-year-old front unit, 800 sq ft lock-up yard on 12p drive through unit, $44,000. Contact Brendon Ayers 886-199 a.h. 35-574 of Robt Brown, Ltd, MREINZ. ~♦ ♦ ♦ ♦ “ INVESTMENT, 1700 sq ft unit, container door, warehouse plus mezzaine office and reception, street frontage with off-street parking, excel, tenant, $112,000. Ph. Mark Williams, 669-151, a.h. 554-284, Fieblg and Associates, MREINZ.

PUBLIC AUCTION 131 FRANCIS AVE ST ALBANS THURSDAY, MARCH 9th, 11.15 am, OH SITE OPEN FOR INSPECTION TODAY, Ist March 11.00 a.m. to 12.00 noon. Permanent Material, 2 Living 5 Bedroom Home. PH. ANNE THORPE 853-009 A.H. 597-689 VENDOR’S SOLICITOR: CA VELL, LEITCH, PRINGLE & BOYLE