INVESTMENT opportunity, 5 new warehouses fully leased to excellent tenants. Separate titles, all outgoings Including replacement Insurance paid by tenants. Rental reviews are In the main Ift yearly with 3 reviews due, In April and May of this year. Constructed of tilt slope concrete with attractive frontages and container height doors. Annual rentals of $31,180. Showing 11 per cent return with conservative return by May of 13.5 per cent on purchase price of $281,000. Full details Pacific Real Estate, MREINZ, phone 791-000, P. Mangos. INVESTMENT, Papanul, brick and tile home, split Into two excellent rental units in a good street, within walking distance of all amenities, a nice tidy investment or live In one and rent the other. $88,750. Ph. 794-784 Bill Cornelius, Stephens Real Estate, MREINZ, Sole Agents. CONNOLLY (S er ASSOCIATES *»n* 1 INVESTMENTS INDUSTRIAL land Sydenham area. Industrial warehouse, $125,000. Industrial warehouse $320,000. For professional and confidential service contact Terry Connolly, Connolly and Assoc MREINZ, 62-932 any time. INVESTMENTS, Investment properties for sale and lease In the prestigious Moorhouse Park Estate, complete designed - built, lease back service avail., contact Bill Bedford, Real Estate Consultant. Phone 795-875. INVESTMENTS, Ranglora, several excel, commercial properties In this thriving town, all leased to sound tenants from $150,000 to $500,000. Ph. Lloyd Williams 799-896, St Albans Real Estate, MREINZ. INVESTMENT ■ warehouse situated In the prime leasing area of Christchurch. Leased to outstanding tenant. The building Is one of the best constructed warehouses in Christchurch with excellent warehouse facilities and offices. Present rental of $22,862 p.a. dues for renewal next year. Priced to sell $230,000. Full details, Pacific Real Estate, MREINZ, phone 791-000, P. Mangos. INVESTMENT warehouse In a . top leasing area of Christchurch, leased to an excellent tenant. Area of building, 8180 sq ft, concrete construction with excellent amenities. Rent review due In October of this year. Tenant paying all outgoing Including replacement Insurance. Present rental $23,400 p.a. Selling price $234,000. Full details from sole agents, Pacific Real Estate, MREINZ, phone 791-000, P. Mangos. INVESTMENT, Woolston, perm. mat. modern factory, well leased, showing lift percent nett return, Ideal first Investment, $98,000. Ford and Hadfield Ltd, MREINZ, phone 797-830 a.h. Bruce Owers, 583-570. INVESTMENT $129,500. Modern warehouse/workshop, 3700 sq ft. Owner will lease back at $3.50 per sq ft. For details ph. Hugh Nelson, Robert Brown Real Estate, MREINZ, 791-417, a.h. 855551. INVESTMENT, $220,000, 8 nine yr old perm. mats, single bdrm flats on Unit titles returning $27,000 per year, situated In Kalkoura, excel, letting, could be converted to Motels, all In excel, cond. Ph. Lloyd Williams, 799-896, St Albans Real Estate, MREINZ. INVESTMENT, $495,000. Commercial, outstanding central location. Long term lease to public company. Rentals showing high returns and assured capital growth. For full details ph. sole agents, David Murray Real Estate 796-799, a.h. Murray 553-880, Buxton 252-553, MREINZ. INVESTMENT, $53,000. Older style villa on comer section. Has been let at $lOO per week. Generous vendor finance available. For particulars phone the sole agent, Whittle Knight and Boatwood, MREINZ 484-149, ask for Barrey Williamson, aJI. 587-247. INVESTMENT, $75,000. Main Road, commercial older building, good tenancies. Returning over $lO,OOO p.a. Ph. sole agents, David Murray Real Estate 796-799, a.h. Murray 553-880, Buxton 252553, MREINZ. INVESTMENT. Butcher’s shop at Southbridge. Good lease. Returning $350 per month. Price $36,000. Phone 897-840. INVESTMENT. City, commercial building returning $BB,OOO PA net excellent tenants. Top position asking, $750,000. Peter Rookes, MREINZ, 796-751 any time.
0 HOUSING CORPORATION OF N.Z. CHRISTCHURCH EQUITY SHARING SCHEME HOUSES FOR SALE THE HOUSING CORPORATION is offering 18 houses for sale under an equity sharing scheme in the following localities: Bromley, Woolston, Linwood, Belfast. Applications close, MONDAY, FEBRUARY 17, 1986. Addresses of properties for sale: Flat 1 and Flat 2, 42 Tilford Street Flat 1 and Flat 2, 65 Tilford Street Flat 1 and Flat 2, 93 Bayswater Crescent Flat 1 and Flat 2, 103 Bayswater Crescent 43 Dyers Road 2 Nugent Street 37 Kuaka Crescent 24 Taranui Place 49 Keighleys Road 63 Mackworth Street 68A Brook Street 4 Tahi Place, Belfast 17 Tahi Place, Belfast 9 Kilkenny Place, Belfast Please collect a brochure containing full details from: LOANS DIVISION, Fifth Floor, HOUSING CORPORATION, 14 Cathedral Square, CHRISTCHI/fiCH $ L Phone
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Press, 15 February 1986, Page 64
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696Page 64 Advertisements Column 10 Press, 15 February 1986, Page 64
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