Full Description

No stamp duty. No capital gain tax. No inheritance duty. No land tax. One of the most generous book value depreciation rates in the world. New Zealand offers great incentives and flexibility for long term property investors. Empire is a 21st Century building located in one of the best residential location within the city of Auckland. The entire complex is fully under centralised 4-star hotel level management, you as investor can be totally hands free while receiving monthly reporting statement with your rental income payments. The Empire residents enjoy quality and convenient on-site facilities include: 2 restaurants, cinema, laundries, parking, swimming pool and gym. The entire complex is protected by high-tech security system and video monitoring. This is indeed a fun, safe, convenient and pretigeous place of residence. The subject property is a 3 bedrooms North facing apartment situated on the top (19th) level of Empire. The apartment is fully furnishing and comprises two bathrooms. The flexibility of its design and layout made it ideal to both long term and short term (tourist) tenancies. This "hybrid" strategy has produced extremly high occupancy rate for the complex since Empire's opening in July 2006.