Page 36 Advertisements Column 9

Press, 30 March 1989, Page 36

Properties for Sale ♦ ♦ ♦ ♦ INITIAL Homes show home open dally, 247 enr Main South and Springs Rds. For land, house and. finance Information, the obvious choice for the new home buyer. Ph. 430-122 or all. 832522 or 832-712. f INVESTMENT 1 I PROPERTIES ■ IB 13% Return — Near new a building 6 + 6 lease, two ■ ■ year reviews. strong ■ ■ tenant price $455,000. * ■ 113% Return — Great ■ buying, attractive g| . premises, 6 + 6 + 6 ■ ■ lease, rental $9920, price ■ ■ $76,307. 9 113% Return — New ■ building, vacant —suit n owner/operator — 2480 9 ■ sq ft, price $150,833. ■ ■ 12% Return — New B ■ building In popular B Sydenham, excellent in- ■ vestment for small Inves- S B tor. leased to a national " B tenant, price $73,000. B 112% Return — City B premises, located close 4 a Avenues — three to B B choose from — priced B from $72.200-$147.500. B 112% Return — B Wordsworth Street, ■ I Sydenham, popular loca- B tlon, strong tenant, price " $245,000. B I New — Vacant units B Sydenham, 879 sq ft, ■ 1 1952 sq ft, excellent buy- B Ing as Investment or — owner/operator, from B I $51,300. B 11.6% Return — City ■ ■ office floor, 3234 sq ft — | Hereford Street — — vacant, would suit owner/ B ■ operator — $265,000. ■ 10.58% Return — ■ ■ Central city office floor, B one block from Square, a well leased, $340,000. B 110.8% Return — Ideal ■ trust or private Invest- B Iment, new shops/offlce ■ complex — top tenants a and leases, finance avail- B ■ able, $840,000. ■ 10.5% Return — New re- B Itall/offlce complex — ex- B cellent rental growth a prospects — top tenan- B Icles. suit trust Investment " — finance available at B — 12%, price $2.47M. B I COOKB IEEESQSSSBi I MB COOK &CO M.R.E.I.N.Z. ® 210 Cashel Street. Christchurch fl ■ Greg Horgan 9 Roger Bridge V ■ Jett Veeey 1 1 Alastair 801 l B ♦♦ ♦ ♦ INVESTMENT, Addington, $57,950. Tidy house in 2 flats. Front flat 1 bdrm, back flat 2 bdrms. Good returns. Good buying. Ph. sole agents, Sherris and Robertson Ltd, MREINZ, Christine Pllbrow 430-339 any time. INVESTMENT OPPORTUNITY 2.4 ha Hargood St. Subdivisional or horticultural potential, $60,000. Cedric King, 799787 any time. Landcorp ia n o coaroaaviON ii m >r t o Authortaed to mA Gownvnant and SOS property INVESTMENT Potential residential sub-dlvlslon, $113,000. 2 perm. mat. homes, on one title. Over 93 perches, in a good location. For further details ph. sole agent, Robert Orchard, 480-759 anytime, or evenings, 372-209, Mainland Real Estate, MREINZ. INVESTMENTS 4 houses and flats, from $54,000 to $65,000. Ph. Alan Williamson, Harcourts, MREINZ, 853-009, any time. INVESTMENT, $265,000. Shops and factory on Main arterial road, minutes from City centre. Long leases, good tenants and returning 15 per cent plus outgoings. Superb corner site In fast growth location. Ph. Ray Enser of Geo anderson, Smiths City, MREINZ, 797-534, a.h. 598703. ♦ ♦ ♦” INVESTMENT, $300,000, Lower Cashmere. In excess of 1 acre, presently sustaining 18,000 sq ft of glasshouses. Ideal for sub-dlvlslon or Investment, plus fine perm, mat. 4 bdrm family home. Ph. Lyons Rosevear Real Estate, Ltd, MREINZ, 594282, a.h. Maureen Batt, 519400. INVESTMENT. Block of 3 ownership flats, white Summerhill stone, block carports, In Addington. Recently redecorated. Rents $21,000 p.a. Close bus and shops. A really tidy Investment. $152,000. Sole agents, Tom Glass, 662-428, Ham Blackwell, MREINZ. INVESTMENT. Older-style house In 2 x 2 bedroom flats situated In Linwood. Returning over 16 per cent on asking price of $75,000. Live In one and rent the other or rent both out and pay the mortgage. Details from lan Rule of Manchester Homes, MREINZ, 795-060 or a.h. 853411. ~ INVESTMENT 4 flats, showing return of 16.5 p.c., needs tidying, price $103,000 0.n.0., has potential for rental growth, ph. Mark Williams, 669-151, a.h. 554-284, Fleblg and Associates, MREINZ. INVESTORS BUY OF THE WEEK WORCESTER ST- 4 flats, one 2-bdrm, three 1-bdrm, returning $390 p.w. now. Rare value at $95,000. ST ALBANS — 3 superb, modern, 2-bdrm flats, lock-up garages, comer site, rentals will be $3BO p.w. on review, only $153,000. PAPANUI - 4 splendid flats in a fine older home, decramastlc roof, 50 perch garden site. For sale .at valuation, only $142,000. To Inspect these sole agencies ph. Jim Glass, 794-135 any time. GLASS RENTAL FLATS