Affordable Auckland Apartment

Attractive to professional style tenants in popular suburb of Newtown

We are pleased to offer an excellent opportunity to invest in the Auckland Property market with this affordable Mountview apartment, situated in the popular central Auckland suburb of Newtown. 

This comfortable three bedroom apartment is at a great price point for central Auckland and with tenancy already in place for the next year, it makes for a sound investment.

The Location:
Newtown is conveniently located on the fringe of Auckland’s CBD, making these apartments attractive to the professional style tenant.  The central Auckland suburb of Newtown borders the distinguished suburb of Ponsonby with its café and restaurant scene and boutique stores on Ponsonby Road.  It is also within walking distance to the CBD and is close to Western Park which provides a pleasant outdoor area.

Price: $310,000NZD
(£119,000 , $176,000USD , $265,000SGD , $245,000AUD)

13 Key Reasons to Invest in Auckland, New Zealand:

• Auckland is growing two times faster than any other city in New Zealand.
• By 2021, Auckland will be home to 2 million people.
• Auckland officially has 33% of New Zealand's population.
• Auckland has 30% of New Zealand's economic growth.
• $2 billion investment is underway for rail and subway infrastructure.
• Ranked 4th best city in the world - 2009 Worldwide Quality of Life Survey.
• Host to the 2011 Rugby World Cup and the 2015 Cricket World Cup.
• The demand for Auckland rental properties is exceeding supply; increased costs of land, as well as building and compliance costs, mean new development is less affordable.
• These factors all contribute to the next phase of the property cycle; as rents rise and interest rates fall, property yields increase.
• No Capital Gains Tax.
• No Stamp Duties or Land Tax.
• No Inheritance Tax in New Zealand.
• Huge demand for inner-city living in quality properties.

These factors mean that now is an excellent time to buy in New Zealand.

Auckland has some outstanding fundamentals for excellent long term capital growth. It is 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....

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