Excellent investment opportunity in Auckland\'s inner city - Property For Sale
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Excellent investment opportunity in Auckland\'s inner city

Property reference

Volt

 
Prices from
GBP 88,000
Bedrooms: 2 Tenure: Freehold
Bathrooms: 1 Property age: New

The Volt apartments are located in a prime position on Queen Street and has all the benefits of city living. This investment opportunity will appeal to investors wishing to receive a low priced property with high rental returns. The Volt is a recently completed apartment development which houses a range of two bedroom apartments. Stylishly designed (featured in the New Zealand Trends Magazine) the Volt boasts a pool, gymnasium, sauna, large landscaped courtyard along with retail shops/ cafes on the street frontage.
We have negotiated the following and is only available to the first 20 investors.

* A two year rental guarantee at $400pw. This equates up to a 9.2% rental yield for some apartments.
* Each apartment will come complete with a free furniture pack (value approx $9,000NZD).
* The developer has agreed to pay the body corporate fees for the first two years.

All this coupled with the fact that the Volt has exceptionally strong rental demand, comes with a pool, sauna, gymnasium, large private landscaped courtyard and is located in the heart of Auckland, the Volt makes for an exceptional investment decision. All apartments for sale are to be sold at market valuation price too. Exceptional buying.

Price Range:
$226,000 - $335,000NZD
£88,000 - £131,000 or $197,000 - $292,000AUD
€119,000 - €175,000 or $174,000 - $258,000USD

Weekly Rentals :
2 year rental guarantee at $400PW

Key Features:

* Positive cash-flow investment opportunity
* 2 year rental guarantee
* FREE furniture package
* Developer will pay body corporate fees for 2 years
* All properties are for sale at valuation price
* Prime inner-city location with retail shops on the ground floor
* Walking distance to University, restaurants, shopping and waterfront
* Stunning V-shaped towers around a central landscaped courtyard
* Low priced investment property for the Auckland market
* Newly completed properties, never lived in
* Pool, Gymnasium, Sauna and large landscaped courtyard
* North facing to capture all day sun
* Car parks available for purchase

Point of Difference

The Volt’s major attributes are its location and style. Situated in the heart of Auckland you are 5 minutes from the harbour front, restaurants, shopping, University, work and 10mins walk to the hospital. All the city amenities are on your doorstep. It’s no wonder why the Volt has received such a strong uptake in occupants. The investment package we negotiated (Rental Guarantee, Body corporate fees paid for first two years and the free furniture package) coupled with the location Volt's attributes makes for a sound high yielding investment. The price of the property for the Auckland market is relatively low and thus makes for a sound cheap entry to the market.

Why invest in Auckland and New Zealand?

* Has a growth rate twice as fast as national average.
* Forecasts for strong population growth (forecasted to double by 2050)
* Breathtaking harbour and amazing beaches
* $2 billion of rail and subway upgrade underway
* Hosting the 2011 Rugby World Cup
* Hosting the 2015 Cricket World Cup
* Strong demand for inner-city living
* Ranked as 5th best city in the world in the “2007 Worldwide Quality of Life Survey”
* No stamp duty, land tax
* No inheritance tax
* No Capital Gains tax in New Zealand
* Multi-Currency loans available on these apartments
* No restrictions on transferring money to and from New Zealand

Auckland has some outstanding fundamentals for excellent long term capital growth. It’s New Zealand’s largest city with a population of 1.8 million and a strong growth rate. This spectacular city has a breathtaking harbour and amazing beaches. Auckland provides an exceptional opportunity for investors interested in maximising their capital growth and maintaining strong rental yields.

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