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Investment Property » For Sale » New Zealand » Wellington » Victoria Quarter    

Victoria Quarter


Location

New Zealand
Wellington
North Island

Available units

  

apartments
£98,000

Delivery date: Late 2010
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Property ID: 353113
















     
 

 Description

Key selling points

  • Only £500 needed to invest using a deposit bond
  • 2010 completion, nearly 3 years off plan growth potential
  • Mutli-currency loans are now available. Rates from 4%
  • Freehold units from £98,000
  • No Capital Gains Tax, Stamp Duty or Inheritance Tax in NZ
  • Closing costs will be in the region of £1000, that’s it

We are very pleased to present Victoria Quarter, an exciting new apartment development nestled in the heart of Wellington city which is sure to attract strong capital growth.  This development is centrally located with all amenities, cafés, restaurants, nightlife on your doorstep.  Courtenay Place which is the nightlife capital of New Zealand  and the Central Business District (CBD) are both within 5 minutes walk of Victoria Quarter.

With completion due late 2010 this development offers the opportunity to secure an apartment now with £500 using a deposit bond or a 15% deposit with no more to pay for nearly 3 years. Victoria Quarter is in a premium location and comprises four buildings revolving around a central pedestrian courtyard with outdoor cafe. These Prime apartments will be sought after by both professional tenants and owner-occupiers.  

The city of Wellington is two kilometres wide and encased between a stunning harbour and rolling green hills.  This makes for a great investment property environment.  Land is a scarce resource and there is constant rental demand in the inner city from the professional style of tenant. This all ties in with the fact that Wellington boasts the highest rents in New Zealand. Furthermore,  Wellington is widely regarded as the most beautiful city in New Zealand, it is also the capital.  It has a rich vibrant society, is renowned as the café capital and has a very strong and stable workforce.

The development offers a range of one, two & three bedroom apartments with large balconies, each with superior high-end furnishings.  Occupants can enjoy resort style facilities including swimming pool, sauna, and gymnasium.

We regard these apartments as a great investment opportunity for the following reasons: -

  • Freehold units
  • Modern open flow living area
  • Lock in today’s prices for completion late 2010
  • Quality appliances
  • Car parking spaces are available for purchase
  • 5 minutes walk to the CBD and the Waterfront
  • Indoor pool, sauna and gymnasium
  • Exceptionally strong tenant demand
  • The attributes of Wellington make for a sound investment proposition
  • Capital growth focused investment with excellent rental potential. 

If the above isn’t enough to tempt you, don’t forget the property investment environment in New Zealand is incredible and, quite frankly, an investor’s dream. See below to find out more: -

  • No Capital Gains Tax in New Zealand 
  • No Inheritance Tax in New Zealand
  • No Stamp Duty in New Zealand
  • No VAT on property purchase
  • Low initial deposit, 15% or £500 if you purchase a deposit bond. Nothing else to pay until completion which is expected to be late 2010
  • Mortgage loan to value is based on valuation at completion not the purchase price
  • Self-cert and non-status mortgages are also available for overseas investors
  • Multi - currency loans available on these apartments. Rates from 4%
  • No restrictions on transferring money to and from NZ

We are the first company to bring these apartments to the UK market and there is still an excellent selection of apartments left but don’t delay as these units are forecast to sell very quickly.

For more information on this fantastic investment opportunity please click the enquiry link above and we will then email you further information and instructions on how to reserve.

 
     
     
 

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