Page 61 Advertisements Column 4

Press, 29 July 1989, Page 61

Auctions SALE OF INDUSTRIAL . PROPERTIES 4-8 HANDS ROAD, CHRISTCHURCH, UNDER CONDUCT OF THE REGISTRAR OF THE HIGH COURT OF NEW ZEALAND AT CHRISTCHURCH M.S. No. 34/89 AT the request of the mortgagee in exercise of the power of sale contained in Memorandum of Mortgage No. 774129/13 (Canterbury Registry) on Wednesday, August 30,1989, at 2 p.m. AMP Perpetual Real Estate will offer for sale by public auction held on the property at 4 Hands Road, Christchurch, in three lots, the industrial properties situated at 4-8 Hands Road, Christchurch. LOT A: 4 Hands Road. Legal Description: Lot 2 D.P. 12847, area 766 sq m C. 492/183. Details: 438 sq m factory/ warehouse building, in good condition, vacant. LOT B: 6 Hands Road. Legal Description: Lot 2 D. 43193, area 741 sq m. C. 23A/1385. Details: 217 sq m factory/ warehouse in good condition, with additional 32 sq m storage building and 14 sq m lunch room. Total building area 265 sq m, all vacant. Also two bedroom dwelling in average condition, with single garage, tenanted at $lOO p.w. LOT C: 8 and 8A Hands Road. Legal Description: Lot 1 D. 43193, area 852 sq m, C.T. 23A/1384. Details: No. 8 — 239 sq m factory/ warehouse in average condition, leased to Chapman Manufacturing Limited at $11,904 p.a. plus GST. No. 8A — 233 sq m factory/ warehouse in average condition, leased to HiTech Trailers at $11,904 p.a. plus GST. (Tenants pay rates and Insurances under both leases). The properties are offered for sale subject to existing tenancies as above, otherwise with vacant possession. The mortgagee offers to advance 60 per cent of the purchase price of any lot on an Interest-only loan on first mortgage for 3 years at 16 per cent (reviewable) to any prospective purchaser approved prior to the auction. Further details available on application. The mortgagee’s application to sell (containing its statement of the redemption price) and the particulars and conditions of sale may be inspected at the office of the Registrar of the High court at Christchurch, without payment of any fee at any time during office hours prior to the sale. Particulars and conditions of sale may also be Inspected at the office of the auctioneer, and at the office of the solicitors for the mortgagee, Alpers and Co., 123 Worcester Street, Christchurch. For further Information contact AMP Perpetual Trustee Company N.Z. Limited, 163 Worcester Street, Christchurch, ph. 662-937. Jim Cleland, Auctioneers, a.h. (0502) 6455 Alllstalr Blue Sales Consultant, a.h. 554-202 SALE OF ALL FREEHOLD ESTATES PROPERTY SITUATED AT 70-72 VICTORIA STREET, AND SALISBURY STREET, CHRISTCHURCH SALE BY THE FIRST MORTGAGEE AND IN EXERCISE OF THE POWERS . OF SALE CONTAINED OR IMPLIED IN MEMORANDUM OF MORTGAGE NO. 725599.5 (CANTERBURY REGISTRY) SIMES Real Estate, licensed real estate agents and auctioneers, acting under instructions from the first mortgagee under memorandum of mortgage no. 725599.5 (Canterbury Registry) will offer for sale as one lot by public auction at its auction rooms at 239 Manchester Street, Christchurch on Thursday, the 3rd day of August, 1989, at 2.15 o’clock In’ the afternoon, the property being: FIRSTLY: An estate in fee simple in all that parcel of land containing 220 sq m more or less situated In the City of Christchurch being part of Town Section 98 and being all the land comprised and described in Certificate of Title 343/216 (Canterbury Registry). SUBJECT TO: Building Line Bylaw in 348905. SECONDLY: An estate in fee simple In all that parcel of land containing 154 sq m more or less situated In the City of Christchurch being lot 1 on Deposited Plan 9531 part of Town Section 99 and being all the land comprised and described in Certificate of Title 423/087 (Canterbury Registry). SUBJECT TO: Building Line Bylaw in 348905. THIRDLY: An estate in fee simple In all that parcel of land containing 113 sq m more or less being Lot 1 Deposited Plan 5880 and being all the land comprised and described in Certificate of Title 27K/932 (Canterbury Registry). AND FOURTHLY: An estate in fee simple in all that parcel of land containing 212 sq m more or less situated in the City of Christchurch being part Section 97 Town of Christchurch and being all the land comprised and described in Certificate of Title 78/543 (Canterbury Registry). The property comprises an excellent vacant redevelopment site In four titles having a combined area of 699 sq m with excellent 15.54 sq m frontage to the major arterial traffic access route, Victoria Street and first class rear frontage to Salisbury Street, part of the one way traffic system in the city. Zoned C 3 under the operative City of Christchurch district scheme suitable for office and showroom development with associated car parking facilities. In combination the sites Ideally suit a two or three storeyed office building with excellent associated on site car parking facilities. Particulars and conditions of sale may be inspected at the office of the auctioneers and at the offices of Messrs Simpson Grierson Butler White, (M. D. Duncan), solicitors for the mortgagee, whose address is at The Simpson Grierson Building, 92-96 Albert Street, Auckland.