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Investment Property » For Sale » New Zealand » Wellington » Forte    

Forte


Location

New Zealand
Wellington
Wellington City

Price

£137,000
to £204,000

Delivery date: 2010
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Property ID: 484962








     
 

 Description

Key selling points

  • Only £600 needed with a Deposit Alternative Bond
  • Two years off plan
  • 1 year rental guarantee available
  • Many apartments BMV
  • Free blinds, washing machine, dryer and fridge/freezer
  • Closing costs amount to no more than £1000

Only £600 needed with a Deposit Alternative Bond !!

Forte is a new, purpose-built apartment building by an award winning developer which is due for completion in 2010.  It is situated in the heart of Wellington's vibrant city centre and will blend into the dynamic local environment which includes cinemas, theatres, cafes, bars, retail and residential living.

This new building will be eleven storeys high and feature nine floors with a mixture of 2 & 3 bedroom apartments. There will be retail space at street level and each floor will house five apartments with the top floor comprising the penthouse apartments. Every apartment will have its own balcony of which some will enjoy views across picturesque Wellington. 

Exclusive Offer to Our Clients:

This introductory offer is not available to local real estate agents.

  • Many apartments priced between $5 - $15K below valuation
  • One year rental guarantee
  • Deposit bond paid by developer - therefore no money down until 2010
  • FREE blinds, washing machine, dryer & fridge/freezer

The property market in Wellington is historically very strong, with consistent growth. This is especially the case in the city centre, where there has been significant urban growth in the property sector over recent years. Inner city living is a modern trend in New Zealand where there is strong demand for purpose-built apartments. It is estimated that over 1000 people will move into the city every year.

Only £600 to Pay Until 2010!

A key opportunity for our UK, US, NZ and Australian investors is securing an apartment with a Deposit Bond instead of a 10% cash deposit. This method allows clients to invest in an off the plan development, locking in today's prices and paying no deposit until settlement of the property (in this case late 2010).  It allows clients to free up their monies that would have otherwise been used as a cash deposit.   Please read below for more information on Deposit Bond investing.....
 
Price Range:

$360,000 - $535,000NZD
£146,000 - £217,000 or $315,000 - $467,000AUD
€187,000 - €228,000 or $293,000 - $436,000USD 

Weekly Rentals:

$500 - $650NZD (predicted market rentals at time of completion)
 
Key Investment Features:

  • Sophisticated 2 & 3 bedroom apartments available
  • Secure a beautiful inner-city apartment with only 10% deposit & no more to pay until 2010
  • Use a Deposit Bond and secure an apartment with zero money down until 2010
  • Multi-currency loans available on these apartments. Interest rates from 4%pa
  • Prime inner city location
  • Modern, spacious open flow living area
  • High quality furnishings and fixtures
  • At least one car parking space per property
  • Full security system to car-park and lifts
  • Appealing property for the professional occupant
  • Great access to public transport  

Point of Difference:

The location is perfect for the increasing professional population who prefer close proximity to work, cafe's, restaurants and nightlife. This style of property targets the professional tenant as it is an attractive low maintenance modern apartment with quality furnishing's. 

Why invest in Wellington & 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
  • As the capital of New Zealand, Wellington is widely regarded as the most beautiful city in New Zealand. The harbour really sets Wellington alight and the rich vibrant society is renowned for its café lifestyle.

Wellingtonians have the highest per capita income in New Zealand. Alongside the government agencies are a host of corporations and businesses, technology, fashion, and of course, Peter Jackson's (producer and director of Lord of the Rings) famous Weta Workshop and film facilities. These all bring with them a demographic of young professionals who love the convenience of walking to work. Victoria and Massey Universities add students to the mix of capital residential dwellers.

Why you should use a Deposit Bond Instead of Cash:

  • Reduce your cash outlay.  With this project your cash outlay is ZERO with a bond compared with 15% cash deposit.
  • Safe, simple and secure. Guaranteed by one of the world's largest insurance groups.
  • Allows you to leave your hard earned cash invested until completion.
  • No need to raise a deposit by refinancing existing assets. This is not only difficult in this current market but it is also expensive.

Deposit Property Bond investing is now becoming increasingly popular and given the key facts above you can no doubt see why. It doesn't make sense to tie your money up for long periods of time when you don't have to. 

Contact Us:

We have an administration service, which is designed to assist an overseas investor enter the New Zealand market with confidence. You will have access to a lawyer for your conveyancing, a mortgage broker for your finance and an accountant for your yearly tax returns. We assist in every step of the buying and holding process of New Zealand property. For more information on this fantastic investment opportunity please click the enquiry link below and we will then email you further information and instructions on how to reserve an apartment.

 
     
     
 

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Financial and property investments bear varying degrees of risk. TheMoveChannel.com strongly discourages you from making any investment decision based upon information that you cannot independently confirm and strongly recommends that you seek advice from a qualified financial advisor or solicitor before you make any financial investment.

 
     
     
   
     
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