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Invest in Wellington City, Pay Nothing Until 2010!
Exclusive Deposit Bond Available (Invest with no money down!)
Exclusive Offer to New Zealand Property Solutions Clients:
(This introductory offer is not available to local real estate agents)
- Many apartments priced between $5 - $15K below valuation
- One year rental guarantee
- Deposit bond paid by developer – therefore no money down until 2010
- FREE blinds, washing machine, dryer & fridge/freezer
Forte
is a new, purpose-built apartment building by the award winning
developers Globe Holdings which is due for completion in 2010. It is
situated in the heart of Wellington's vibrant city centre and will
blend into the dynamic local environment which includes cinemas,
theatres, cafes, bars, retail and residential living.
This new
building will be eleven storeys high and feature nine floors with a
mixture of 2 & 3 bedroom apartments. There will be retail space at
street level and each floor will house five apartments with the top
floor comprising the penthouse apartments. Every apartment will have
its own balcony of which some will enjoy views across picturesque
Wellington.
The property market in Wellington is historically
very strong, with consistent growth. This is especially the case in the
city centre, where there has been significant urban growth in the
property sector over recent years. Inner city living is a modern trend
in New Zealand where there is strong demand for purpose-built
apartments. It is estimated that over 1000 people will move into the
city every year.
Pay Nothing Until 2010
A
key opportunity for our UK, US, NZ and Australian investors is securing
an apartment with a Deposit Bond instead of a 10% cash deposit. This
method allows clients to invest in an off the plan development, locking
in today’s prices and paying no deposit until settlement of the
property (in this case late 2010). It allows clients to free up their
monies that would have otherwise been used as a cash deposit. Please
read below for more information on Deposit Bond investing.....
Price Range
$360,000 - $535,000NZD
£146,000 - £217,000 or $315,000 - $467,000AUD
€187,000 - €228,000 or $293,000 - $436,000USD
Weekly Rentals
$500 - $650NZD (predicted market rentals at time of completion)
Key Investment Features
- Sophisticated 1, 2 & 3 bedroom apartments available
- Secure a beautiful inner-city apartment with only 10% deposit & no more to pay until 2010
- Use a Deposit Bond and secure an apartment with zero money down until 2010
- Multi-currency loans available on these apartments. Interest rates from 4%pa
- Prime inner city location
- Modern, spacious open flow living area
- High quality furnishings and fixtures
- Full security system to car-park and lifts
- Appealing property for the professional occupant
- Great access to public transport
Point of Difference
The
location is perfect for the increasing professional population who
prefer close proximity to work, cafe’s, restaurants and nightlife. This
style of property targets the professional tenant as it is an
attractive low maintenance modern apartment with quality furnishing’s.
You
can secure a property at today's prices with only 10% deposit or by way
of Deposit Bond, therefore pay nothing until completion in 2010! This
strategy lets you take ownership in a growth asset with minimal cash
outlay, securing the upside and pre-construction price.
Why invest in Wellington & New Zealand
- New Zealand's capital city with beautiful harbour and city beaches
- Strong population growth
- Booming tourism industry
- Strong rental demand
- Fantastic nightlife and attractions
- Ranked as 12th best city in the world in the “2007 Worldwide Quality of Life Survey”
- Low vacancy rates
- No stamp duty or land tax
- No inheritance tax
- No capital gains tax in New Zealand
- No restrictions on transferring money to and from New Zealand
As
the capital of New Zealand, Wellington is widely regarded as the most
beautiful city in New Zealand. The harbour really sets Wellington
alight and the rich vibrant society is renowned for its café lifestyle.
Wellingtonians have the highest per capita income in New
Zealand. Alongside the government agencies are a host of corporations
and businesses, technology, fashion, and of course, Peter Jackson’s
(producer and director of Lord of the Rings) famous Weta Workshop and
film facilities. These all bring with them a demographic of young
professionals who love the convenience of walking to work. Victoria and
Massey Universities add students to the mix of capital residential
dwellers.
Deposit Bond Investing
A Deposit Bond is a substitute for the cash down payment or deposit required when purchasing a property.
By
using a Deposit Bond instead of cash, the amount of the deposit is
retained by the purchaser until settlement. There is no need for the
purchaser to withdraw the cash required from other investments or out
of equity in other property assets.
Rather than paying the
deposit amount required in cash, you only pay a small premium for the
Deposit Bond, which the seller or developer accepts in lieu of cash.
When
you use a Deposit Bond you satisfy the vendor’s deposit requirements by
the issue of what is essentially a deposit guarantee.
Deposit
Bonds can be issued from 3 months to as long as 3 years, which means
you can keep your money working for you right up until closing, when
you will be required to pay the property's full purchase price....
Development Gallery
Request more information for this development
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