Page 22 Advertisements Column 3

Press, 15 February 1986, Page 22

No. 151 At 66 France Street, Auckland, a newly-con-structed office building with warehouse attached, totalling 30355 q m and leased to Ebos Dental and Surgical Supplies Ltd for 12 years, has been purchased from Richmond Development Corporation Ltd for $3,318,500. Dennis Clarkson of Bayleys Real Estate Ltd negotiated the sale. No. 152 At 156 Hutt Park Road, Lower Hutt, an existing warehouse/office building of 27855 q m, leased to Movements International Movers Ltd for 18 years, has been purchased for $1,300,000. Michael Urquhart of Wrightson NMA Real Estate was the agent involved. No. 153 At 1/327 Neilson Street, Onehunga, an existing office/warehouse building of 989 sq m leased to Rothmans N.Z. Ltd for nine years, has been purchased from Richmond Development Corporation Ltd for $625,000. Dennis Clarkson of Bayleys Real Estate Ltd introduced the parties. No. 154 At 2/327 Neilson Street, Onehunga, an existing warehouse/office building of 1,1095 q m leased to Expol Packaging Ltd for eight years, has been purchased from Richmond Development Corporation Ltd for $510,000. Dennis Clarkson of Bayleys Real Estate Ltd introduced the parties. No. 155 At 6 Andromeda Crescent, East Tamaki, an existing factory/office building of 13685 q m leased to Woodley Holdings Ltd for 15 years, has been purchased for $660,000. John Hopper of Bayleys Real Estate Ltd, Papatoetoe, negotiated the sale. No. 156 At 315 Neilson Street, Onehunga, a new office building of 4445 q m with 96sq m of warehouse, has been acquired from the builders, Richmond Development Corporation Ltd, for $508,000. The property when completed will be leased to Chep Handling Systems Ltd for eight years. Dennis Clarkson of Bayleys Real Estate Ltd introduced the parties. No. 157 At 51 Hurstmere Road, Auckland, a 5-storeyed office building of 30845 q m of retail on the ground floor, has been purchased from Unity Holdings Ltd at a total cost of $7,168,200. The building' when completed will be leased for 15 years to the Crown, and occupied by the N.Z. Post Office. Graham Bayley of Bayleys Real Estate Ltd negotiated the sale. No. 158 At 96 Mays Road, Te Papapa, a factory/office building of 19515 q m is being constructed by Comsec Properties Ltd. When completed the total property which is expected to cost $1,120,000 will be leased to ConstellAire Conditioning Ltd for 12*4 years. MFL Mutual Fund has continuous funds available for the purchase of singletenancy properties from $750,000 upwards. Particulars of such properties should be. advised to Robin Smith, Chief Executive, MFL Mutual Fund, Phone 64-363/60-759, Christchurch.