Auckland
Affordable Auckland investment property with a high yielding rental guarantee? We are pleased to present the Proximity Apartments with these and more exclusive benefits for our clients! Please read on for the key elements that make this proposition an extremely attractive investment opportunity.
Price Point
The Proximity has a low price point for the Auckland market with an average of $190,000NZD for a studio and $240,000NZD for a one bedroom apartment. The prices of these apartments include a furniture pack and car space. At this price point we do not expect them to last long on the market.
Rental Guarantee
White Rose Global has negotiated a two year rental guarantee exclusively for our clients. The guarantee is at $330 per week for the studio apartments and $370 per week for the one bedroom apartments. These guarantees are based on current market rental rates.
High Yielding Apartments
The apartments will generate a rental return between 7 - 9.1% per annum, which makes for some of the highest yielding apartments available in Auckland today.
Minimal Outlay until Completion in Early 2009
To secure a property today a 10% deposit or deposit bond is all that is required until completion. The developer will subsidise the cost of the deposit bond by $1000 thus making the total deposit bond cost at approximately $1,200NZD. Alternatively a cash deposit for these apartments will start as low as $17,300NZD (£6,600, $15,300AUD, $13,400USD).