- Property: Apartment (Resale)
- Bedrooms: 2
- Bathrooms: N/A
- Receptions: N/A
2 bedroom Apartment in North Island, New Zealand
* FREE furniture pack and Guaranteed rent until 2012 Elite Property Investments is very pleased to present the Celestion Apartments in Central Auckland. To the best of our knowledge, these are the on...
FREE furniture pack and Guaranteed rent until 2012
Elite Property Investments is very pleased to present the Celestion Apartments in Central Auckland. To the best of our knowledge, these are the only off plan apartments available in this location currently and offer an attractive investment opportunity.
This exceptional project includes: -
2 year rental guarantee of 6% net - hassle free investing until 2012
Management fees paid for 2 years
Free furniture package worth $25,000
* Only 10% cash deposit
This offer is for a limited time, its only available until the end of June. Construction has begun with completion due mid 2010.
Prices range from $440,000 - $589,000NZD (from £170,000) and we recommend a quick response to ensure that you don’t miss out on the prime apartments.
Prime location with great views
Celestion is located in the heart of the city and will provide a great opportunity to secure a beautiful Auckland apartment at today’s prices.
Every apartment is light and spacious and each comes with a minimum of one balcony. The apartments we have reserved for our clients have great city or harbour views adding to their value and appeal.
The location is just three minutes from Queen Street and only a five minute walk from the Viaduct Basin.
The location, style and exclusive offer of Celestion makes this an excellent investment option!
10 Key Reasons Why you should invest in Auckland and New Zealand
Interest rates at an all time low - cashflow positive deals
Demand/supply - The demand for Auckland rental property is exceeding supply.
The increased costs of building in central Auckland have caused many developers to cancel or postpone projects
Building consent numbers have fallen by 22 per cent and are still falling. Tony Alexander, Chief Economist of the Bank of New Zealand says they are at their lowest level since the early-1990s and a homes shortage will start to show later next year
By 2021, Auckland will be home to over 2 million people
Ranked 5th best city in the world - 2008 Worldwide Quality of Life Survey
Host to the 2011 Rugby World Cup and the 2015 Cricket World Cup
These factors will contribute to the next phase of the property cycle, as rents rise and interest rates fall, property prices will increase
No Capital Gains Tax
No Stamp Duty or land tax
No Inheritance Tax in New Zealand
There is no better time to buy than now.
Auckland has some outstanding fundamentals for excellent long term capital growth.
The Credit Crunch is Good News for New Zealand.
Why ? you might ask
Supply and Demand - New property development has reduced significantly due to the credit crunch but the demand for inner-city property is growing with a consequent shortage of accommodation in Auckland expected
It is a buyer’s market and developers are currently offering additional incentives, as illustrated above
Interest rates - interest rates are on the way down. They are already at an all time low.
This will be an added bonus for NZ property as many properties will become cash flow positive.
The NZ dollar is now weaker than last year, which improves your purchasing power.
Property is cheaper to purchase
Credit crunch will not last forever
The Rugby World Cup is set for 2011 which will provide a unique rental opportunity for landlords
We often get asked should I buy now or wait until the property market hits the bottom of the cycle. The difficulty in answering this question is that no one ever knows when we are at the bottom of a property cycle and, more often than not, people wait until the market is actually rising again before they invest.
The problem with investing in a rising market is that developers are happy to wait before they sell as demand will always be greater in a rising market. So the best time to buy is when the market is falling and developers are very keen to attract investors.
The current financial turmoil has created the best property investment opportunity for over a decade so please don’t wait too long because you will miss out. Remember a rising market is just around the corner so these prices and additional benefits are not going to be around for long.
Elite Property Investments also has 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.
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.
PLEASE NOTE NON-RESIDENTS OF NEW ZEALAND SHOULD SEEK PROFESSIONAL ADVICE FROM A SUITABLY QUALIFIED TAX PROFESSIONAL TO ASCERTAIN HOW HOLDING OVERSEAS PROPERTY MAY AFFECT THEIR TAX POSITION IN THE COUNTRY IN WHICH THEY ARE DOMICILED.
To brief you on Auckland, it is New Zealand’s largest city with a population of 1.
8 million, Auckland has a growth rate twice as fast as the national average. This spectacular city has a breathtaking harbour and amazing beaches and it provides an exceptional opportunity for investors interested in maximising their capital growth and maintaining strong rental yields.