• Welcome , If you are not , click here to log out.

The Saint - 2 Bed Apartment for Sale in Auckland

Home » Property For Sale » New Zealand » Auckland » 2 Bed Apartment

Property ID: 348150

Apartment

Available units

2 bedroom apartment

£140,000

Delivery date: early 2009

Key Features

  • - Only £500 needed to reserve an apartment with a deposit bond
  • - 18 month build programme. Completion due early 2009
  • - Guaranteed rent until 2011
  • - Closing costs will be in the region of £1000, that’s it
  • - Mutli-currency loans are now available. Rates from 4%
  • - No Capital Gains Tax, Stamp duty or Inheirtance tax

Only £500 needed to reserve a 2 bed apartment with nothing else to pay until 2009! Superb views of The Sky Tower and harbour. Close to Auckland University and to the city's main hospital. No CGT, VAT, IHT or stamp duty either!

Full Description

The Saint Apartments provide a great opportunity to secure a beautiful Auckland apartment at today’s prices with just £500. Yes you can lock in the price of a major city centre apartment for just £500 and watch your apartment grow in value over the 18 month build programme.

With guaranteed rent until 2011 and a management agent already selected this will be an armchair investment.

The Saint Apartments’ convenient location is handy for the University district, the vibrant dance and nightclub scene, designer shops and the ever-growing choice of restaurants, cafes and bars. The cool, the hip, the fashionable, call them what you will, this is their quarter.

Access to and from the motorway system is excellent, while the city’s two major universities and central hospital lie within easy walking distance and the commercial heart of the city is only a few minutes away. A short stroll puts you amongst the restful green expanses of the Auckland Domain or Albert Park and the secluded Grafton Reserve is right at your back door.

The Saint offers 63  two-bedroom apartments, finished to a very high standard and all with balconies which will appeal to the professional tenant. Due for completion in early 2009. The Apartments will offer stunning harbour and city views and their location will ensure long term capital growth and strong rental yields.

Why Invest in Auckland?

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. Some key facts follow: -

  • Has a growth rate twice as fast as national average
  • Future Auckland projects will be 10% - 15% more expensive to build because of a new Council levy  
  • Forecasts for strong population growth (forecast to  double by 2050)
  • Breathtaking harbour and amazing beaches
  • 2 Billion Dollars worth of rail and subway upgrade underway
  • Hosting the 2011 Rugby World Cup
  • Strong demand for inner-city living
  • Ranked as 5th best city in the world in the “2007 Worldwide Quality of Life Survey”

During the Rugby World Cup in 2011 Auckland will host the majority of games including the final.  It’s anticipated that 100,000 people will visit Auckland over the 6 week period which will create a major shortage in accommodation. This presents an excellent opportunity to purchase a centrally located apartment, furnish the property and rent it out during the World Cup.  This will be a very lucrative proposition as they are already talking $500NZD plus per night for accommodation.

Known as The City of Sails, with more boats per capita than anywhere else in the world, it is easy to see why people flock to this water playground with its ease of access and unrivalled natural beauty.

Auckland is a truly international city  with an amazing variety of restaurants, shops and activities. Imagine a vibrant city positioned beside one of the most spectacular harbours in the world. A city consistently voted amongst the top five in international lifestyle surveys worldwide. A city that stretches from mountain tops to beautiful sandy beaches. It has also hosted 2 Americas Cup regattas.

That city is Auckland.

Exclusive Period !

The local interest in the Saint Apartments is going to be very strong and we are pleased to announce that the developer has giving us a 4 week exclusive window.

To summarise, some of the main reasons why you should not miss out on this opportunity are: -

  • Early investors will be able to cherry pick the best units
  • 2 year rental gaurantee
  • Only 63 apartments
  • At least 2 price rises are planned through the build programme
  • Luxurious spacious accommodation
  • Spacious balconies with superb views
  • Apartments will suit owner occupiers and investors alike. An excellent combination for capital growth
  • The apartments are on the fringe of the Central Business District (CBD). Great location for city professionals
  • All white goods included
  • Car parking available
  • 18 month build programme. Completion due early 2009
  • Capital growth focused investment with excellent rental potential
  • Auckland is a rapidly expanding city, it’s like Sydney 15 years ago !

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: -

  • Closing costs will be in the region of £1,000, that’s it !!
  • No Capital Gains Tax in New Zealand 
  • No Inheritance Tax
  • No Stamp Duty
  • No VAT on property purchase
  • Low initial deposit, 10% or £500 if you purchase a deposit bond. Nothing else to pay until completion which is expected to be early 2009
  • Mortgage loan to value is based on valuation at completion not the purchase price
  • Multi - currency loans are available on  these units. Rates available from 4%
  • Self-cert and non-status mortgages are also available for overseas investors
  • No restrictions on transferring money to and from NZ 

We are the first company to market this development so don’t delay as these units are going to sell very quickly.

Please click the enquiry link and further information will be emailed to you.

 

Subscribe to Newsletters

Please enter your Email address and we will send you more information:

New Zealand News

Global Investment

Property Showcase

Disclaimer

All investments bear varying degrees of risk. TheMoveChannel.com strongly discourages you from making any investment decision based upon information that you cannot independently confirm and strongly recommends that you seek advice from a qualified financial advisor or solicitor before you make any financial investment.