Page 68 Advertisements Column 3

Press, 6 December 1989, Page 68

Properties for Sale INVESTMENT flats, $190,000. Block of 3. Two 3 bdrm and one 4 bdrm. Sep. titles, returning 15 percent. For further details phone Andrew Smart, 799-910, or a.h. (0504) 48-742, Warwick Todd Ltd, MREINZ. INVESTMENT flats, returning $660 p.w., asking only $280,000. 3 almost new very attractive units plus cute cottage, close Bealey Avenue. Ideal growing investment. For details phone Bevan Campbell, 662-105 (any time), Beasley Packard and Chamberlain, MREINZ. INVESTMENT flats. Block of 4 x 2 bdrm units, very close Bealey Ave. Easy upkeep and excel, cond. Opportunity here. Offers wanted close to $200,000. Further details from lan Rule of Manchester Homes, MREINZ, 795-060 any time. INVESTMENT, industrial 12,500 sq ft building on Wairakel Rd. Fully lease for $48,000 p.a. nett, only $340,000. That’s over 14 per cent return or will give vacant possession if required. Ph. Hing Wong 796-521 Challenge Realty MREINZ. ♦♦ ♦ ♦ INVESTMENT - New warehouse building with excellent showroom and offices for sale. 12 year lease with 2 yearly reviews. Lessee pays all outgoings. Prominent corner site. Priced at $1,248,000 showing 11.5 per cent yield. Sole agents, M. B. Cook and Co, MREINZ, ph. 668-334, Roger Bridge. INVESTMENT, permanent ■ material 3x2 bdrm flats, tidy low maintenance, high returns, priced to sell, $145,000. Ph. sole agents, Graham Berry, 559-583 any time, Berry Real Estate, MREINZ. INVESTMENT, Rlccarton, $95,000. Sound 3 bdrm, sleepout,' character villa, previously let at $220 p.w. excellent 776 sq metre redevelopment site. Ph. sole agents, 589-088, Ford Baker, Ltd, MREINZ, a.h. Heather Cochrane 243-542. INVESTMENT SALE OR LEASE 10,000 sq ft showroom office warehouse, Tuam Street, close Fitzgerald Ave. Owner says sell at $280,000. It’s a steal. Contact: PETER FARRIER 791-417 Commercial INVESTMENTS Fully tenanted to large national company, city location, 2 street access, long lease, sound investment, returning 12 per cent. Price $720,000. 2-year-old — Sydenham location, 15 year lease to substantial company, excellent Investment with genuine growth and very good yelld at asking price of $700,000. Phone Penny Shrimpton 796-521 or 321-367 a.h. —■AS l —■ INVESTMENT shops, Cromwell. Three shops in Cromwell Mall returning approx 16 per cent p.a. $140,000 plus GST for the three. For further details contact Milton Odgers of Whittle Knight and Boatwood, MREINZ, 484-149, a.h. 371-522. INVESTMENTS INVERCARGILL Best comer site in the happy south — 21 year lease to large national company, currently returning 12 per cent on asking price of s2.lm. SYDENHAM Colombo St, shops, excellent good long leases, returning 12 per cent on asking price $230,000. Phone Penny Shrimpton 796521 any time. Qg—— INVESTMENT ST ALBANS HUGE PRICE REDUCTION $139,900 LARGE villa offering one 4 bdrmed flat and one 1 bdrmed flat. Also on same title a 2 storeyed 14 yr old apartment building comprising two 2 bdrmed flats. Excel. Investment. Sought after area for redevelopment. Phone Vlv Turner 796-596 any time. Harcourts, 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, Fleblg and Associates, MREINZ. INVESTMENT two blocks of shops, block of four in Brighton $260,000. Block of three $565,000 In Huntsbury. Contact sole agent, Brendon Ayers 886-136 a.h. 322-574 of Robert Brown United Realty, MREINZ. INVESTMENT WALTHAM FANTASTIC opportunity, 18.81 per cent return, $3BO p.w., $19,760 p.a. Large 2 storey character gentleman’s residence in 3-4 flats. First time offered in 10 years. Newly painted, decorated to a high standard, double block garage. Excellent returns, all offers considered! Only $105,000, sole agents, Simes 790-604, MREINZ, Dean Marshall. INVESTMENT wanted, around $400,000 to $450,000. Must be quality tenant and location, as I have purchaser who has sold and wishes to repurchase with cash. Ph. Mark Williams, 669-151 a.h. 554-284, Fleblg and Associates, MREINZ. INVESTMENT Wilsons Rd, modem warehouse with good office space, 2000 sq ft, ideal owner operator, $llO,OOO. Details Ph. Colin Henderson 669-151 aJi. 488226, Fleblg and Associates MREINZ. INVESTMENT. House In 3 flats Waltham, return $240 oer wk. $7M>O. Vendor finance avallSe. Ph. 656256. a.h. 843-18 Z