Page 70 Advertisements Column 4

Press, 4 March 1989, Page 70

Properties for Sale f INVESTMENT I I PROPERTIES | 113% Return — Near new ■ building 6 + 6 lease, two "fl ■ year reviews, strong ■ tenant price $455,000. - m _ 13% Return — Great I ■ buying. attractive ■ premises. 6 + 6 + 6 ■ ■ lease, rental $9920, price I $76,307. a — 13% Return — New I ■ building, vacant —suit B owner/operator — 2480 ■ Isq ft. price $150,833. ■ 12% Return — New ■ ■ building in popular ■ Sydenham, excellent in- _ vestment for small inves- H I tor, leased to a national ■ tenant, price $73,000. ■ 112% Return — City | premises, located close 4 _ Avenues — . three to ■ ■ choose from — priced B from $72,200-$147.500. ■ 112% Return — | Wordsworth Street, — Sydenham, popular loca- B Ition, strong tenant, price ■ $245,000. ■ I New — Vacant units B Sydenham. 879 sq ft, a 1952 sq ft. excellent buy- B I ing as investment or ■ owner/operator, from ■ — $51,300. B ■ 11.6% Return — City -| ■ office floor. 3234 sq ft — B ■ Hereford Street — • vacant, would suit owner/ B ■ operator — $265,000. B 10.58% Return — n Central city office floor, B lone block from Square, • well leased, $340,000. B 110.8% Return — Ideal B trust or private invest- ■ ment, new shops/office B B complex — top tenants _ B end leases, finance avail- B ■ able. $840,000. B 10.5% Return — New re- ■ tail/office complex — ex- | ■ cellent rental growth — B prospects — top tenan- ■ Icies, suit trust investment ■ — finance available at ■ 12%, price 52.47 M. | 'cook! IBSEESSEK BMB COOK &CO M.R.E.I.N.Z. ™ 2)0 Cashel Street. Christchurch K I Greg Horgan ■ — Roger Bridge * I Jeff Vesey B xZ-bX INVESTMENT flats, Merivale, block of four, $255,000. Very tidy order, could be resold as individual units. Inspect with Brian Wing, 796-596 bus or a.h. 558-809, Harcourts City, MREINZ. INVESTMENT flats, block of 6 situated in Upper Rlccarton, immac. cond., very low maintenance, showing 12.25 p.c. on asking price of $359,000. Registered valuation and possible finance at 15.25 p.c. Seldom available in this prime location. Sole agents, Manchester Homes, MREINZ, 795-060, a.h. Paul Ward 881-992. INVESTMENT, Harman St, Addington. Two freehold industrial units, 1350 sq ft each, both leased, one short term, returning $10,536 p.a. A good return on total purchase, price of $BO,OOO. Jollifies, MREINZ, David Henderson 795-742 any time. INVESTMENT Industrial warehouse $136,000. Central city location, modern north facing building of 34135 q ft current annual return of $15,500 with rent review this year, sound six plus six year lease, ph. Noel Baker, 797-557, a.h. 370-301, Prime Real Estate, MREINZ. INVESTMENT, industrial, 17,000 sq ft, mod. warehouse zoned 13, vacant possession, avail, well below replacement costs at only $460,000. Ph. Lyn Sparks, Neumann Prler, MREINZ, 794-120 any time. 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. Vendor will consider trade. $145,000. Ph. Adrienne Mitchell, Southern Estates, MREINZ, 652-510, a.h. 558391. INVESTMENT Older-style house in 2x2 bdrm flats situated in Linwood returning over 16 p.c. on asking price of $75,000. Live in one and rent the other or rent both out and pay the mortgage. Details from Paul Ward, Manchester Homes, MREINZ, 795-060, or a.h. 881-992. 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, St Albans, $84,500. House in 2 flats plus detached shop, Colombo St. 15 percent return. Phone Dale Real Estate, MREINZ 852-648 a.h. 880-542. INVESTMENT, Sydenham, 3500 sq ft, suit owner occupier. Only $lOO,OOO. 10 per cent dep. Balance July 1989 with immed. access rent free until July. Great opportunity to own your own building. Ph. 664-390, a.h. 26-5167. INVESTMENT, vacant Sydenham factory building, 5800 sq ft, sound and tidy suit owner occupier, $125,000. Phone this week-end to Inspect, 791-926 a.h. 484-865. INVESTMENT, Wordsworth St, Sydenham. 7000 sq ft, suit owner occupier. Competitive package with deferred settlement and immed. access. For further information ph. 664-390, a.h. 26-5167. INVESTMENT, $157,000. Central city, C 4 zone, two storey building of 7000 sq ft with on site parking, current annual rental $20,000. Phone Noel Baker 797-557, a.h. 370-301, Prime Real Estate, MREINZ. INVESTMENT, $223,000 Rlccarton retail shop of 1317 sq ft plus leased premises at $7140 per annum and owner occupier or Investment opportunity. Telephone 796-280 (any time) David Rankin H. G. Livingstone Ltd, MREINZ.

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