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Patent 326

$50,000 Discount to Valuation Off Plan mid 2009

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We have negotiated an exceptional deal on a new off-the-plan Wellington waterfront development. The developer wants to move this new development, called Patent 326, into construction phase straight away and requires 3 more sales immediately. In light of this, the developer is offering a discount of $50,000 off the sale price, exclusive to our clients only. The apartments have been selling well and many locals have already invested. Some properties in this development have sold for over 1.3 Million NZD.

Patent 326 is an exclusive boutique development situated on the
Wellington harbour front. The project is due for completion in early 2009 and each apartment will be built with superior specifications and appliances. The apartments we are recommending will provide the best combination of rental yield and capital growth within the development.

This is a genuine offer to purchase a beautiful waterfront apartment $50,000 under market valuation. We see this as an outstanding deal!

Price Range

$700,000 - $840,000NZD
(£257,000 - £308,000 or $591,000 - $709,000AUD €358,000 - €430,000 or $534,000 - $640,000USD)

Weekly Rentals

$600 - $900NZD

Key Features

· Water frontage with exceptional harbour views

· Large two bedroom apartments (130sqm) with two bathrooms

· Two spacious balconies with hardwood timber decking

· Open plan split level living with quality internal fittings

· Video intercom phones within each unit & security access card entry system

· Landscaped courtyards & car parking facilities

· Patent 326 will also have a street front Café

Point of Difference

Situated on the waterfront Patent 326 will attract the executive style of tenant and with Wellington having the highest medium income in NZ you will achieve top dollar in rental returns.

You have the ability to secure an apartment now with only a 10% deposit. This strategy lets you take ownership in a growth asset with minimal cash outlay, securing the upside and pre-construction price.

With $50,000NZD as a rebate on settlement, this opportunity lets you purchase quality waterfront at below market valuation. This is an excellent investment opportunity!

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