Modern townhouse development in Wellington. $36k off the purchase price!
Prices from GBP £170,000
Ref: The Boundary
2 to 3 Bedroom(s), 2 Bathroom(s) |
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The Boundary is a modern townhouse development in the popular Wellington suburb of Karori.
We have selected a range of 2-3 bedroom split level houses which are due for settlement in March 2009. We have negotiated special discounts of up to 9%, or around $36,000, off the purchase price of many of the townhouses.
The developer has agreed to pay the cost of the deposit bond and will also accept a bond or cash deposit of 5%, rather than the usual 10%. This means you can secure a prime townhouse for only $22,770NZD until completion, or with no money down if you choose to use a deposit bond. This makes for excellent investing!
Hitting the nail on the head!
The Boundary is an ideal investment property. It boasts a perfect bush location, large modern townhouses, discounts in price, and appeals to the professional occupant who will to pay premium rental prices. Each townhouse is spread over two levels with an internal garage, master bedroom (with ensuite), an additional bathroom and large entertaining balconies. They come complete with modern finishings and are perfect for attracting the professional occupant. The sizes of the townhouses are a very spacious 149sqm to 194sqm.
The Boundary is a secure investment with a great exit strategy!
Property in Karori has great owner occupier demand and has shown continual strong growth at 12% pa over the past ten years. It exhibits many key drivers for long term successful investment. Karori is New Zealand's largest suburb and has a fantastic sense of community. It is home to everything a tenant needs including good public transport (which stops outside the entrance to the Boundary), cafe's, bars, restaurants, shops, supermarkets, public library and swimming pool, parks, sports clubs, the list goes on and on. These townhouses will enjoy great popularity as rental properties and the strong owner occupier market will be ready and waiting if or when you decide to sell. This is a secure investment with a great exit strategy!
Prices start from $455,400NZD and can be secured today with a 5% cash deposit or by way of deposit bond with no more to pay until March 2009.
Key benefits of investing in The Boundary:
* Invest and receive up to 9% off valuation price
* Secure with 5% cash deposit
* Attractive property located only 10 minutes drive from CBD
* Very appealing as rental accommodation
* Large split level townhouses with secure garaging – most over 150sqm in size
* Strong demand from owner-occupier market - great exit strategy
* Deposit bonds paid by developer - no money down until completion
Why invest in Wellington & New Zealand
* Wellington has the highest rental yeilds in New Zealand
* Wellington has the highest wages in New Zealand
* New Zealand's capital city with beautiful harbour and city beaches
* Strong population growth
* Booming tourism industry
* Strong rental demand
* Fantastic nightlife and attractions
* Ranked as 12th best city in the world in the “2007 Worldwide Quality of Life Survey”
* Low vacancy rates
* No stamp duty or land tax
* No inheritance tax
* No capital gains tax in New Zealand
* No restrictions on transferring money to and from New Zealand
Wellington is New Zealand's capital city and home to the seat of parliament. This vibrant and dynamic city exhibits many key attributes contributing to sustained long term capital growth. Historically it has been one of the country's best performing cities.
Deposit Bond Investing!
A Deposit Bond is a substitute for the cash down payment or deposit required when purchasing a property.
You are effectively using the equity in your own home as a deposit guarantee therefore satisfying the vendor’s deposit requirements.
Rather than paying the deposit amount required in cash, you only pay a small premium for the Deposit Bond.
More property photographs
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