Page 45 Advertisements Column 5

Press, 20 November 1989, Page 45

Properties for Sale ILAM Close University, in most sought-after position, perm. mats. 4 bdrms, 2 North-facing living areas, easy-care section. Ideal retirement. Priced by vendor to sell quickly. Viewing highly recommended. Also 4 bdrms plus study, 1100 sq m section. Also close University. Keen vendors. Many more homes in this area, not advertised. Sole agent, Gordon Birch, Chch Real Estate, 517-159, MREINZ. ILAM/ RICCARTON $137,500 FIVE sleeping areas in this one, large rear section, north facing, permanent materials. Walk to university and shopping mall, large master bdrm for king size bed, pantry, eye level oven. Be quick as early possession possible. To view contact Joy Hodgson Ph. 662105 any time, Beasley, Packard and Chamberllan MREINZ. ILAM, $158,000. Superbly presented, 3 bedroom plus games room or 4 bedroom family home. Delightful decor throughout. Master bedroom with en suite. Easy care section. Handy university. Phone Rob Gardner of Syme Beaton Real Estate, 370-416 any time, MREINZ. ”♦ ♦ ♦ ♦” INITIAL Homes show home open daily, 247 cnr Main South and Springs Rds. For land, house and finance information, the obvious choice for the new home buyer. Ph. 430-122 or a.h. 832522 or 832-712. INVESTMENT about 13 per cent nett yield. Substantial 906 sq m (9758 sq ft) north facing warehouse close Fitzgerald Ave, let to excellent tenant at $44,760 p.a. plus GST etc, $345,000. Ph. 660-212 W. C. Mehalski MREINZ, sole agent. ~♦ ♦ ♦ ♦” INVESTMENT flats, St Albans, best part. Quality block of 5, built in perm. mat. each with 2 bdrms, lounge, showers, very well laid out and on sep. Titles, showing good returns, $305,000. Ph. Joint sole agents, Warwick Todd Ltd, MREINZ, 799-910, a.h. Michael Gibbon 554-439. INVESTMENT Ham, this solidly constructed colonial bungalow situated on a well developed 40 perch (1012 sq m) section ideal for town house development at the rear value plus $159,950. Ph. Stephen Batey 430-219 any time, or a.h. 430-253 Dhallenge Realty MREINZ, E 32035. INVESTMENT jltisTED JUST LISTED GRAND character gentlemans residence 2 storey Tudor style, Waltham, first time for sale in 10 years. In 3-4 fats, returns of 380 p.w. $19,700 p.a. 18.29 per cent return. Decorated and painted to a high standard. Fantastic value, don’t miss out only $lOB,OOO. Sole agents, Simes 790-604 MREINZ, Dean Marshall. INVESTMENTS AVAILABLE WAREHOUSE/OFFICE TUAM ST, 3500 sq ft, tenanted, $98,000. TUAM ST, 10,000 sq ft, national tenant, return 12.8 per cent, $350,000, excel, potential. BROMLEY, 6300 sq ft, very secure tenant for 12 years, $215,000. Return 12.8 per cent. OTHERS AVAILABLE Ph. Peter Farrier 791-417, a.h. 820-258, Robert Brown United Realty, MREINZ. INVESTMENT Sydenham location, newish building of approx. 9500 sq ft with 2 national tenants producing $52,000 p.a. Rent review next year. $480,000. Excel, tenants and Investment. Phone Mark Williams 669-151, a.h. 554-284, Fieblg and Associates, MREINZ. INVESTMENT, $153,500. Situated close to City centre, flats and flatettes, showing 18 per cent return. Refurbished and well tenanted. A very tidy property. Inspection by appointment only. Ph. David Habgood, 662-428, or 324-216. Glass/Blackwell, MREINZ. INVESTMENT $120,000, 2000 sq ft warehouse with excel, offices, leased for further 6 years, present rent $14,000, ph. Alastair Bell 668-334, M. B. Cook and Co., MREINZ, a.h. 558-667. ~♦ ♦ ♦ 7” INVESTMENT, $660,000, Sydenham, 2 street frontages, Carlyle and Byron Sts, 2 national tenants, total rental $77,000 p.a., showing 11.6 per cent, will be greater at next rent review 1990. Ph. sole agents Mark Williams 669-151, a.h. 554-284 Fieblg and Associates. MREINZ.