Page 78 Advertisements Column 2

Press, 18 March 1989, Page 78

Properties for Sale INVESTMENT flats. St Albans, (Springfield Rd) $67,000. House in 4 bdrm and 2 bdrm s.c. flats, returns $14,040 p.a. Interior decorated, ext requires paint Ph 553-981. INVESTMENT FLATS BEALEY AVENUE 3 separate properties returns ranging from 16.6 percent p.a. to 19 percent p.a. Sizes ranging from 637 sq m corner site to 1518 sq m adjoining sites. Prices range from $83,000$125,000. All prime redevelopment sites giving good returns for years to come. RICCARTON Units purpose built for students, 3 of 4 bdrms each with conditional 12 month lease by University of Canterbury Students Assn avail. Presently returning $28,600 on $215,000. HORNBY/ISLINGTON Flats seldom empty here. Freshly decorated 3 bdrm villa plus 3 14yr old units freshly decorated by registered tradesman. (2x2 bdrm, and 1 x 1. bdrm) Total ' earnings $23,400 p.a. Could be $26,000. Very easy to let area. $lBO,OOO. Call the specialist TONY BRAZIER 660-991 bus, 555-305 a.h. INVESTMENT HEAD lease to a government company, 13 years to run, with 3 year rent reviews. Great investment for a finite term. Others include multi storey office blocks, shopping centre, industrial warehouses and offices. To sell or buy contact Bruce Jamieson, ph. 796-521, a.h. 553539. INVESTMENT I have 3 excellent modern units fully leased close to city that may be bought separately, priced from $75,000. Alternatively a total package may be negotiated. Lease terms 6 yrs to 10 yrs. Full details with Debby Kerr, Harcourts, MREINZ, phone 796-596 anytime. INVESTMENT, landlords, fully tenanted houses/flats, returns up to 21 per cent, finance, management, avail. Ph. 654-088. INVESTMENT Lincoln Rd, handy Addingtown shopping, centre, commercial zoning, solid 3 bdrm home on prime site. Could suit retail, commercial offices, medical/veterlnary consultancy, residential uses. $llO,OOO. Sole agency, Bob Killoh, 797-534 a.h. 427-141, Geo Anderson Smith City, MREINZ. INVESTMENT, Moorhouse Ave 13, excel, location, attractive showroom premises suitable for variety of purposes. Large frontage to Moorhouse Ave. 4320 sq ft., $280,000. Immediate possession, ph. Gerry Rathbun, 667095, Glera Real Estate, MREINZ. ♦ ♦ ♦ ♦ ” INVESTMENT, new warehouse, showroom fronting Blenheim Road. Long term lease with review next year. Good capital appreciation showing a 11.5 yield on an asking price of $260,000. Contact Roger Bridge, phone 668-334, sole agents, M. B. Cook and Co., MREINZ. INVESTMENT returning 15 per cent. A new established shopping centre in excellent developing area. Well leased and returning $66,700 p.a. Priced at $445,000. Phone Alastair Bell 668-334. M. B. Cook and Co, MREINZ. INVESTMENT, Shlrley/St Albans, perm. mat. ownership flat, 1 of 2, 4 bdrms, large lounge, very sunny, single garage. Priced reduced for urgent sale, $64,500. Ph. 557-567. INVESTMENT shops $1,650,000. Modern mall with 13 shops and 28 car parks, cnr location, all sound established tenants, rents total $214,810 p.a. Generous vendor mortgage avail. Ph. Noel Baker 797-557 a.h. 370-301 Prime Real Estate MREINZ. INVESTMENT, St Albans close city, only $59,950. Solid semivilla in 2 flats, returning $2OO p.w. Further details from Jill Taylor 796-596 or 668-968 Harcourts, MREINZ. INVESTMENT $150,00p. New building leased to excellent tenant for $lB,OOO, showing return of 12 per cent. Phone Alastair Bell 668-334, M. B. Cook and Co, MREINZ.