Page 65 Advertisements Column 7

Press, 1 March 1989, Page 65

Sections CASHMERE $29,500 YES, incredible is’nt it. A hill section for $29,500. The vendors broken hearted selling at this price, but it must be sold. Bargain hunters phone W. E. Simes and Co, 517-052, a.h. 856727, Brian Montgomery. MERIVALE LOOK 1 / 2 ACRE R 3 IN an area where the typical K acre section sells for $160,000 with an old house to demolish, here you have nearly 14 an acre for $240,000 ready to build upon. Surrounded by massive, mature rhododendrons, azalias and trees. If it is too expensive just keep the best and sell the rest! Phone Tom Tothlll, 517-052, W. E. Simes and Co., MREINZ. Hotels for Sale HOTEL JUST LISTED IN PRIME LOCATION 114 HOURS FROM CITY CENTRE This substantial hotel has all year round patronage showing exceptional turnover and returns, yet it has been priced very fairly to sell. If you are considering worthwhile investments then please phone Geoff Wilson, any time, for an appointment to discuss all details. 85U024. HOTELS AND TAVERNS TAVERN with restuarant as new, main highway, good T.O. approx. $150,000 cash required. MOTOR INN, main route, tourist area, bars, restaurants, 82 accomm. units, etc, lease or freehold, owners will finance. HOTEL, city outskirts, small guest accomm. restaurant etc, mostly bar trade, owners finance. HOTEL, bars, restaurants, high standard accomm. first class property, owners will finance, $150,000 required. SUBURBAN tavern, substantial T. 0., high standard spacious restaurant and bars. The above, plus comprehensive selection to offer. Rathie James, MREINZ, 799-596, 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. HOTELS IDEAL starting unit In country town close to Christchurch. Potential for food/ takeaways. Sited on 1!4 acres. Freehold price $240,000 plus stock (possible vendor 2nd mortgage). LEASE Country hotel close Christchurch, good cond. throughout, turnover $lO,OOO p.w., priced $280,000 plus stock. For further details ph. John Bentley, 480-759 (any time). MREINZ HOTELS/TAVERNS A vast selection currently available, numerous of which are never advertised on vendors’ request. A very brief spattering of what’s available follows: CHRISTCHURCH. Sought after location surprisingly returned to market. Neg. 20 year lease. Three bars, no food, charm and atmosphere. Asking $320,000 plus stock. STH CANTY. Ideal starter unit. Substantially upgraded hotel on major road. Turnover relative to asking. Freehold. Asking $230,000 (neg.) plus stock. MARLBOROUGH. Long lease with exceptional rent concession for purchaser given excellent trading position. Bars, food, retail and accom., yet a compact unit. Asking $330,000 plus STH CANTY: Solid leasehold unit recently upgraded. Bars, food, accom., bistro, family licensed. Asking $195,000 plus stock. CENTRAL OTAGO. Two lifestyle taverns, both situated adjacent Alexandra. One freehold featuring local stone and good condition. Asking $140,000. The other leasehold, modern, with food. Asking $75,000 plus stock. ADJ. CHRISTCHURCH. Permanent material freehold tavern. Has it all and exceptional presentation. Excellent chattels. Potential remains. Operate or purchase as investment to lease. Asking $1.45M. CHRISTCHURCH. Modern permanent material substantial suburban tavern. Excellent food and bar operation. Retail potential untapped. Equity required $350,000. For further information regarding all available property South Island wide, or a no obligation discussion regarding the hotel industry, please liaise with the proven hotel specialist, Colin Jakeway, on (03 ) 663-394 any time. SOUTH ISLAND |Fl| MOTELUi BROKERS Investments DAIRY, freehold, excel, return, desp. vendors must sell. Returning $11,220 p.a. Not a cent to spend. Reduced price $75,000. Phone 665-802 (business is also for sale for anyone wanting both). INDUSTRIAL garage complex for sale in Settlers Crescent, Ferrymead. 77 brand ajew units returning slls,sooJper annum. Ph. 849-987.