1 & 2 bedroom apartments Auckland, New Zealand

Property reference

Proximity

Prices from
GBP 59,000

Bedrooms:	1 to 2	Tenure:	Freehold
Bathrooms:	1 to 2	Property age:	Off Plan/ under construction

The developer has just released the previously unavailable two bedroom apartments which are the prime corner properties that have a conservatory and two balconies.

Low Price Point!
The Proximity has a low price point for the Auckland market ranging from $150,000NZD for a Studio to $294,000NZD for a two bedroom apartment. At this price point we do not expect them to last long on the market.

Rental Guarantee!
New Zealand Property Solutions has negotiated a two year rental guarantee of $400 per week, for a 2 bedroom apartment, exclusively for our clients. These guarantees are based on current market rental rates.

High Yielding Apartments!
The apartments will generate a rental return between 6 - 9% per annum, which makes for some of the highest yielding apartments available in Auckland today.

Minimal Outlay until Completion in Early 2009!
To secure a property today a 10% deposit or deposit bond is all that is required until completion. The developer will also subsidise the cost of the deposit bond by $1000 thus making the total deposit bond cost at approximately $1,200NZD. Alternatively a cash deposit for these apartments will start as low as $15,000NZD (�5,900, $12,400AUD, �7,500, $34,500USD).

Hassle Free Investment until 2011!
With completion in 2009 and a high rental return guaranteed for two years, the Proximity Apartments makes for a sound long term, hassle free investment.

This Deal is Available on the Best Properties in the Building!
This deal is available for all apartments in the Proximity including the upper level and penthouse apartments. With 16 floors in total there is a good selection of top floor apartments with great urban views. Remember the two bedroom apartments are the prime properties in the building being on the corner with two balconies and a conservatory.

Price Range!
Studio: $150,000 - $162,000NZD (�59,000 - �64,000 or �75,000 - �81,000 or $126,000 - $136,000AUD or $117,000 - $126,000USD)
One Bedroom: $197,000 - $218,000NZD (�77,000 - �86,000 or �99,000 - �109,000 or $165,000 - $182,000AUD or $154,000 - $170,000USD)
Two bedroom: $294,000 - $349,000NZD (�116,000 - �138,000 or �147,000 - �175,000 or $246,000 -$292,000AUD or $230,000 - $273,000USD)

Purchase price is in New Zealand Dollars. All other currencies stated above are a guide for your convenience and are subject to exchange rates

Weekly Rentals
$330 - $400NZD Guaranteed for two years. This fantastic offer is only available for 4 weeks.

Key Investment Features:
* Early investors will be able to cherry pick the best units
* Top level apartments are available for purchase
* Little money down till completion in 2009
* Superb views from the higher levels
* 2 year rental guarantee
* Manakau is experiencing strong population growth
* Furniture packs and car parks available for purchase
* Free Washing Machine and Dryer package
* Includes full Whiteware package
* Close proximity to Auckland International Airport

Why invest in Auckland & New Zealand?

* The city is growing 2 times faster than any other city in New Zealand - by 2021, Auckland will be home to 2 million people
* Auckland officially has 33% of New Zealand's population
* Auckland has 30% of New Zealand's economic growth
* $2 billion investment is underway for rail and subway infrastructure
* Ranked 5th best city in the world - 2007 Worldwide Quality of Life Survey
* Host to the 2011 Rugby World Cup and the 2015 Cricket World Cup
* The demand for Auckland rental properties is exceeding supply, the increased costs of land, building and developers compliance costs, make it less affordable for new development.
* These factors all contribute to the next phase of the property cycle, as rents rise and interest rates fall, property prices increase
* No Capital Gains Tax
* No Stamp Duties or land tax
* No Inheritance Tax in New Zealand
* Huge demand for inner-city living in quality properties
* Manukau has lower property prices than Auckland central
* Therefore there is no better time to buy than now

The suburb of Manukau has strong population and economic growth. It's just 20 minutes from downtown Auckland and is the location of Auckland International Airport; arrival point each year to over 1.7 million visitors to New Zealand.

Manukau is rich in cultural diversity offering a blend of urban, rural and seaside communities. This city provides an exceptional opportunity for investors interested in maximising their capital growth and maintaining strong rental yields.
For more information on Auckland and Manukau >> click here

Tell me more about deposit bonds!
A Deposit Bond is a substitute for the cash down payment or deposit required when purchasing a property.

By using a Deposit Bond instead of cash, there is no need for you to withdraw the cash required from other investments or out of equity in other property assets to secure an off plan property purchase.

Rather than paying the deposit amount required in cash, you only pay a small premium for the Deposit Bond, which the seller or developer accepts in lieu of cash.

When you use a Deposit Bond you satisfy the vendor�s deposit requirements by the issue of what is essentially a deposit guarantee.

Deposit Bonds can be issued from 3 months to as long as 3 years, which means you can keep your money working for you right up until closing, when you will be required to pay the property's full purchase price....

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