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The New Zealand Government has no major barriers for overseas property investors – in fact, it actively encourages foreign investment to help meet the growing population's increasing demand for property.
 
Forte Wellington

Invest in Wellington City, Pay Nothing Until 2010!

Exclusive Deposit Bond Available (Invest with no money down!)

Register Your Interest / Order a brochure



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....

 

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