Page 59 Advertisements Column 9

Press, 6 September 1989, Page 59

Properties for Sale INVESTMENT flats, $84,950. Older style home converted Into 2 flats, rewired, good location, returning $240 p.w., tastefully decorated. Craig Andrews 320-202, Packard Real Estate, MREINZ. INVESTMENT flats, Memorial Ave, $145,000 for both, vendor says present all offers. Two flats facing street In need of some tidying, one has 2 bdrms and sunroom, the other 2 bdrms. For further details ph. Milton Odgers of Whittle Knight and Boatwood, MREINZ, 484-149, a.h. 571-522. INVESTMENT FLATS SUNNY 4x2 bdrm perm. mat. block on corner site, close to city and all amenities, giving $24,440 p.a. return or 132 percent on $185,000. ABUNDANT car parking for 9 - 10 cars In this block of 5 x 2 bdrm units, giving $30,680 p.a. predominately perm, mat., capable of increase from present 14.3 percent p.a. return on $215,000. EXQUISITE central city accommodation In this block of ten 2 /3 bdrm units of perm, mat. presently giving realistic rental of $57,200 p.a. reduced to sell at $450,000. LOCATION plus superb accommodation In 4 units In Rlccarton /Fendalton giving $26,520 p.a. Ideal sunny site close to Rlccarton shops etc. $200,000. Be quick. For more information on these and other excellent properties call the specialist TONY BRAZIER 660-991 ' 555-305 A.H. INVESTMENT, live and work In central city, studio apartments now ready, complete with new kitchens and bathrooms, you can decorate and subdivide to suit yourself. 2 blocks from Square, $l5O- - p.w. a modest Investment, long term lease, Para Building, 154 High St. Open this seven days 11-3 pm. or ph. 516-145. ”♦ ¥ ♦ ♦” INVESTMENT, property for sale, showroom/warehouse close to inner city with good off-street car parking. Rent review next year, nationwide tenant on good lease. Keen vendor, sale price $390,000. Roger Bridge, M. B. Cook and Co., MREINZ, phone 668-334 or a.h. 558-278. INVESTMENT retail wanted. Block of suburban shops for cash buyers, all areas considered. M. B. Cook and Co., MREINZ. Ph. 668-334, Jeff Vesey a.h. 552-129. INVESTMENTS, gracious character home in 6 flats within 4 Avenues, returning 17.5 per cent p.a. on $275,000 0.n.0. plus 2 town houses and 3 bdrm character home on 1012 sq m site, close city at $190,000 0.n.0. Ph. Jane Ross 650-770 a.h. 557-833, Joan Harnett, MREINZ. INVESTMENTS $355,000. New building, excel.tenant, ret. 11%. $ 70,000. Hanmer, top commercial location, ret. 12%. $310,000. City, very sound tenant, ret. 11.7%. $175,000. Sydenham, excel, lease, ret. 11.8%. For Information on these and other properties please telephone Bruce Owers, 797-830, a.h. 583-570 Fordßaker INVESTMENTS. Warehousee/ offices. Industrial 1, close to city. Excellent long-term tenant. $680,000. Warehouse / offices, In select Sheffield Crescent. Good tenants, $457,500. Strata - title, 1 floor, In new office complex, city centre. Car parks; $538,000. 75 acres, In superb location. Suitable residential development. $1,750,000. All enquiries to Penny Herbert, 587-469, a.h. 526-185, Challenge Realty, MREINZ. ~♦ ♦ ♦ ♦” INVESTMENT unregistered vendor sell, showroom, office, warehouse. Front unit, 6 yrs remaining on lease. Rental $14,000, price $132,000. Ph. Mark Williams 669-151, a.h. 554-284 Fiebig and Associates, MREINZ. INVESTMENT, Upper Rlccarton, 4x2 bdrm, tidy, perm, mat. flats on 1 level of summerhill stone construction with lock-up garages, returning $26,000 per annum (as It has for 12 months). Ideal property for discerning buyer, $210,000. For inspection call the specialist, Tony Brazier, 660-991 (bus.), 555305 a.h., Cowdy Dolg and Co, MREINZ. INVESTMENT, $114,000. New warehouse with showroom, leased for 6 years to good tenant, returning $13,664 showing 12%. Phone Alastair Bell 668-334 a.h. 558-667 M. B. Cook and Co. MREINZ. INVESTMENT, $295,000, excellent location showing 12 per cent return with rental review due now. For further Information ph. Frank McWatt 430-219 any time, Challenge Realty, MREINZ. 2337 CC INVESTMENT $49,000 Capital gain potential. This character cottage In Linwood needs renovation to capitalise the potential. Would suit first home owner/handyman. Currently In 2 flats. Be quick phone Tim Davis 557708 a.h. 556-796 Robet Brown United Realty MREINZ. INVESTMENT, $75,000 residential development in good location, two sound homes on one 1020 sq m section, ideal to do up subdivide and sell separately generous terms available, ph. Robert Orchard, 480-753, any time, sole agents, Challenge Realty MREINZ. INVESTMENT $70,000, Linwood In 2 flats, returning $225 p.w., $11,700 p.a., 16.71 per cent return. $76,000, Spreydon, character villa In 2 flats, $215 p.w., $ll,lBO, 14.7 per cent return. Ideal home and income. $78,000, St Albans In 3 flats, purpose built w’board, $270 p.w., $14,040, 18 per cent return. Also blocks of flats and many, more houses in flats. Contact the specialist, Dean Marshall, 790-604. SIMES INVESTMENT. 7 shops and house returning 15.6 per cent on asking price of $265,000. Phone 480-759, Mainland Real Estate, MREINZ. A.H. Peter HorgaqA 487-683.