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Key selling points
- Units from £88,000
- Free furniture pack
- 2 year rental guarantee available, up to 9%
- Management fees paid for 2 years
- Multi-currency lending available on these units
- No CGT or IHT in New Zealand
ONLY 20 UNITS AVAILABLE WITH GUARANTEED RENT AND FREE FURNITURE PACK !!
We are pleased to start the year off with a positive cash-flow investment opportunity, right in the heart of Auckland Central. The Volt apartments are located in a prime position on Queen Street and have all the benefits of city living.
We have negotiated an excellent package on behalf of our clients. 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.
2 year rental guarantee
A two year rental guarantee at $400pw. This equates up to a 9.2% rental yield for some apartments.
Free furniture pack
Each apartment will come complete with a free furniture pack (value approx $9,000NZD).
Body corporate fees (management fees) paid by the developer for 2 years
That’s right the developer has agreed to pay the body corporate fees for the first two years.
Positive Cash-flow Investment
Calculations show that based on a NZ loan and lending 80% of the purchase price the Volt will provide over $2,000NZD positive cash flow per year. For clients eligible for Multi-Currency lending and based on a 75% lend (maximum allowable for Multi-currency loans) the Volt apartments will generate a massive $11,500 (approx) per year. On both counts to purchase a brand new apartment in Auckland and receive positive cash flow makes for an exceptional investment opportunity.
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
£88,000 - £131,000
Key Investment Points
- Positive cash-flow investment opportunity
- 2 year rental guarantee at $400PW
- 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
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.
Multi-Currency Lending
Multi-Currency lending is an exciting new avenue for borrowing money to invest in New Zealand real estate. In brief a Multi-Currency loan enables you to borrow the money for the property in a different currency. At the moment our clients are lending on the Swiss Franc which has interest rates of only 3.9%. This is a huge saving compared to the current interest rates in New Zealand, and by structuring your Multi-Currency loan effectively you can make your New Zealand property cash flow positive.
The Volt Apartments meets the banks’ requirements and hence is eligible for this type of financing. At the moment to be eligible you have to be living outside of New Zealand and Australia.
Contact Us
We have an administration service, which is designed to assist an overseas investor enter the New Zealand market in 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.
DON’T FORGET WE DO NOT CHARGE ANY FEES - NO JOINING FEE, NO ARRANGEMENT FEE, NO FINDERS FEE!!
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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