Hotels for Sale HOTEL lease, Christchurch, excep. opport, to lease for person with limited funds, turnover $4OOO per week and substantialroom for improvement. $98,000 and your in, don’t delay call United Realty, MREINZ, 791-417 anytime, ask for Trevor Heron, Hotel Broker. HOTELS taverns, motor-inns and tourist licensed hotels. Comprehensive range to offer, leaseholds and freeholds, city, suburban, main highways, country and tourist areas, also with vendor finance available and vendors willing to trade. Rathie James and Co, MREINZ, Hotel Brokers. Ph. 799-596, a.h. 881-047. LOCATED in small West Coast town on main road, T/O exceeds $200,000 p.a., excel, plant and chattels, $190,000 plus S.A.V. ($lO,OOO approx.). Ph. (0288 ) 54-104. HOTELS Buying, Selling, Leasing New Zealand wide Phone Keith Geary 790-246, a.h. 327-270 One of the country’s most experienced hotel brokers. LEASEHOLD HOTEL ADJACENT CHRISTCHURCH Sole Agency NEW to the market. Superb location, 15 minutes from Christchurch Square. Character hotel with captive market. Good presentation, plant and chattels. Food potential barely exploited. Turnover $520,000. If genuinely interested a prompt enquiry is recommended. Equity required $125,000. Full details from the vendors broker, Colin Jakeway, by phoning (03) 663-394 any time. SOUTH ISLAND HF J REALTY F re brokers LU FCWMOLY SOUTH BLAND MOTH. MOKEM Investments FENDALTON $360,000 M acre (1019 sq m) with views to stream and park-like setting. Seldom avail, in this Blue Chip area. To inspect, ph. Kevin M. Doyle, 517-155, a.h. 582-266. . INVESTORS 12 PER CENT NET RETURN ON this attractive property which can be yours for $395,000. Substantial tenant, 6 year lease plus renewal 2 yrly rent reviews. Full details Peter Gray 799-646 any time. KAIAPOI $90,000 retail shop in central area, showing good returns, vendor keen seller. $250,000 business centre 60 per cent leased, showing 12 per cent returns with potential to Increase. $700,000 neg large 1.675 sq m tilt slag factory on 2ha industrial site showing 11 per cent return. To view, call Ron Samson 27-5379 or 647-330 a.h. Harcourts MREINZ. ST ALBANS, $119,500 THIS ex-Church radio station building is set on 24545 q m in three titles, suitable for day care clubrooms or similar. Phone: Maarten Schriek 820-043 WOOLSTON $122,000, large concrete block building with dairy, fish and chip shop, with comfortable three bedroom flat above. Rental returns of approx. 17k! per cent. Arthur Dixon, 653740, a.h. 664-078, Harcourts, MREINZ. Properties Exchange ASCOT Park, Porlrua, 7 yr old split level 3 bdrm house, garage, 5 mlns, to School, bus and shops, quiet cul-de-sac, well fenced, wanting 2 or 3 bdrm unit or house in Riccarton or surrounding areas. Phone ChCh 480-181 or Wellington 354-343. HOME, perm. mat. 4 yr old, for house with at least one acre, anywhere considered. Ph. 898-492. Sections ABSOLUTELY, the latest sections in Purau! Fully developed 36 perch up, from $28,000. Phone sole agents, Selling Real Estate, MREINZ, 517-211. AKAROA prime 16 acre, slightly elevated section with sea and rural views, subject to survey, $75,000. Ph. (0514) 7414. AMBERLEY, $22,000. Prime residential site on northern boundary of township. Rural outlook, view of mountains, well over W acre of land. Pat Curry, 853-047 A.H. 278-601 (24030), Challenge Realty MREINZ. AVONHEAD, exceptionally priv. rear section of 852 sq m, fenced on 2 sides, many beautiful trees and shrubs, services to boundary, wide sealed drive, last avail, section in “mini cul-de-sac”. Other new homes to be built, close bus and shops, lovely peaceful setting. $75,000. Enquiries Ph. 585-576. AVONHEAD, superb 814 sq m rear section, $76,000 plus option of plans, no building ties, one of best remaining in Hyde Park. Also $48,000 for an excel. 24 perch on rear site close to villa Maria, also $35,000 for well sited rear 20 perch section close Avonhead Rd. Further details phone Rae Maddams, 485-129 a.h. 483-186, Westside, MREINZ. CASHMERE 1 >4 acre, beautiful views, only just on hill in well established area $70,000. Ph. 384-844.
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Press, 21 October 1989, Page 84
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639Page 84 Advertisements Column 10 Press, 21 October 1989, Page 84
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