Page 44 Advertisements Column 7

Press, 7 April 1979, Page 44

INVESTMENT 9 flats with generous finances available in Avonside. Please refer auction column this paper for full details. Very realistic proposition. Smiths CityMarket, Ltd, MREINZ. 1254 flat, just off Fitzgerald Ave, ideal for student group, let at $6O p.w., 20 per cent gross return. A snip at $15,000. Ph. Allister Preston 68-188 a.h. 5 9 9-746 Mercer Nth. MRELNZ. 1186 INVESTMENT. Only $19,400. Attractive weatherboard bungalow divided into two flats situated on Seaview Rd. Handy to all amenities. Excellent order inside and out. Front flat two bedrooms, back flat one bedroom and sunroom. Tenanted at present. Contact David Mercer, 887-077, a.h. 327-023, New Brighton Estate Agency, MREINZ. INVESTMENT, 2 flats, inner city, corner site. Showing 15 per cent return, selling at G.V. $22,600. Contact Lindsay Smith, 62-538, a.h. 516678. Pasley Real Estate, MREINZ.F96S7 ■ ■ ■ a INVESTMENT, .$78,000. Industrial property, near new, 4460 sq. It warehouse situated close to Lincoln Road. Substantial tenant responsible for all outgoing!,. Return show a net yield of 10 p.a. A sound investment for the discerning buyer. All inquiries to vendors agent, Roland Whitchurch, after hours 559-932. Binns, Barber and Keenan, Ltd MREINZ. Ph. 62-769, 1532 INVESTMENT, Cashel St. Rough cast house in two flats, renovation required but all offers considered. Phone Stephens Real Estate, MREINZ, 794-784 any time. 4181 INVESTMENT Special. Showing 14 p.c. on asking price of $15,000 (G.V. $15,000). A very sound older style home in 2 one bedroom flats in quiet street in Daliington. Nothing to spend, handy to bus and shops. Sole agents. Simes and Co, 64-347, MP.EINZ, a.h. Wayne Beaton 33-639. X 2406 ■ ■ ■ » INVESTMENT: Close to Malvern Park. Opportunity of a lifetime with excellent returns. Quality built 3 sun filled units with superb living room, open fireplaces, huge bedrooms, good kitchen and magnificent storage. This 31 perch property Is .just offered on behalf of deceased estate and is priced to sell close to Government val. at 840,500. Sole agent: Royds Real Estate, MREINZ, Ph. 554-884, after hours Bridget Dampier-Crossley. 5416 INVESTMENT. Cnr. site within the 4 belts. Seven-day dairy with 3 bedroom dwelling attached, leased to reliable operator for 3 years with r.o.r. Presently returning $2329-92 per annum, rent review due 18 months. Shows 14.7 p.c, on asking price! Excellent present return with development potential for future. $15,850. Simes and Co, Ltd, MREINZ, 64-347, a.h. Malcolm Ramsay, 588-411. X 2406 INVESTMENT, 15 per cent return, 5 flats all separated units at Halswell. Two each 3 bedrooms, three each 2 bedrooms, for sale at G.V., $65,000. $15,000 second mortgage at reasonable rate to approved buyer. Returning $9360 p.a. Land area 90 perches. Ph. Dineen 62-538 any time. Pasley Real Estate, MREINZ. INVESTMENT . . . Woolston . . . cottage in two fiats let at $4O p.w.. situated well back from Ferry Rd. Some finance available to approved purchaser. $13,300. Please Ph. Peter Adams, a.h. 50-292. Collins Real Estate, MREINZ, 488-784. INVESTMENT. Kaikoura, Esplanade. Four self contained units and older cottage. These flats are showing good returns and with a small amount of maintenance the income could be Increased. Vendor finance available. Full price, $65,000. Sole agents. The Canterbury N.Z. Seed Co., Ltd, MREINZ, Rangiora, 6399. a.h. Williams, Chch 519-153. 1724