Page 77 Advertisements Column 3

Press, 22 July 1989, Page 77

Hotels for Sale HOTELS/TAVERNS TAVERN (lease), turnover over one million dollars, potential to increase, reasonably priced at $460,000. HOTEL (freehold), country situation, turnover $300,000 plus, price $360,000. HOTEL (freehold), country situation, turnover $290,000, price $305,000. ALL PLUS STOCK Just a few of the many listings available, buying or selling, phone the specialist John Bentley 480-759 (anytime). MREINZ Investments A 1 opportunity. Well located warehouse/offlce building for sale. 30,000 sq ft within 4 Avenues, Christchurch. Commercial 3 and business zoning. Very suitable owner occupier. Reduced 29 per cent from registered valuation price to only $900,000 0.n.0. Phone collect (063) 591397. Be quick. BELFAST $65,000. This property has been reduced by $20,000 for an urgent sale. Excellent factory or warehouse, social club, 3500 sq ft, zoned R 6 and available for a variety of uses. Finance may be available to approved purchasers. Contact Wayne Te Amo, Challenge Realty, MREINZ, 526-185 anytime (El 3-00 CASHMERE Road, Hoon Hay Valley, flat land with small elevated building site, 20 acres, deer fenced with yard, $220,000 0.n.0. plus GST. Extra land avail, at G.V. Phone 388-871. CASHMERE Road, 120 acres, 2 titles, run as town supply dairy farm, 5 bdrm house, swimming pool, good 9000 sq ft shed plus normal farm buildings, $620,000 0.n.0. plus GST. Open to offers on title size and lease back options. Phone 388-871. FISH, chips, T.O. $2200. Potential plus for enthusiastic owner. (Has done $BOOO p.w.) Upmarket presentation, high quality plant. Details from Peter Farrier, phone 791-417, Robert Brown, United Realty, MREINZ. INVESTMENTS wanted, blocks of flats, shops, will lease o/units, If you want to sell contact Challenge Realty, Nell Shackel 796-521 MREINZ. RETAIL warehouse, close 4 avenues, leased to national tenant. Good lease, easy access, tenant pays all outgoings. Shows 11.5 per cent return on asking price, $390,000. Phone Peter Farrier 791-417, a.h. 820-258. Robert Brown United Realty, MREINZ. ST ALBANS, City, $lBO,OOO. Half acre property in excellent location! Brilliant location, R 3. Comes with solid turn of century villa! Call Jessica, 853-047, a.h. 322-412. Challenge, MREINZ, (2108). ST ALBANS low maintenance house in 2 flats, returning $240 p.w. New 1 tone carpet and decoration in rear flat. Easy to let in this location. Large section for future development. Excellent buying, $75,000, also in St Albans, low maintenance house In 2 flats, $88,900. Phone Graham Berry, 559-583 any time, Berry Real Estate, MREINZ. $19,500 plus GST. 6 hectare section to sell. Vendor will plant trees at cost. 20yrs on could be worth $600,000 up. Write to “Press” P 5230, Private Bag, Chch. COLOMBO ST/BEALEY AVE CORNER SITE RETAIL, office complex for sale. Head lease to national tenant, rental $68,000 p.a. 11 per cent return on capital. Gilt edge Investment. ‘A real plum.” Phone Neill Shackel, 796-521, Challenge Realty, MREINZ. COMMERCIAL/ INDUSTRIAL BUILDING WANTED WE require urgently, for a valued Trust client, a commercial Industrial building up to $900,000 cash. Their requirements are: 1. International or national tenant on long lease, preferably 8.0.M.A. 2. Top location, prefer “Four Avenues”. They are not preoccupied with income and will buy at a low cap-rate, so long as the other Ingredients are there. Contact Bill Whalan, Whalan Real Estate Ltd, phone 655031, a.h. 524-110. ] Whalan REAL ESTATE LTD MREINZ HOON HAY, $198,000 BLOCK of 4 shops, returning $31,200 p.a. WAINONI, $400,000 Well tenanted block of 8 shops, returning $48,000 p.a. RANGIORA, $260,000 Commercial building In Victoria St. leased to sound tenant, returning $30,000 p.a. For further information ph. Trevor Townsend, 797-830, a.h. 429-133. Fordßaker

SOPHIE LOUISE Happy 21st Sophie. Best wishes to you and your two. dogs. Lots of love, dad.