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7%
Net Rental Yield & Discount to Valuation
Prime waterfront apartments in Napier
The Waterfront Apartments provide an exceptional opportunity to purchase prime New Zealand property at under valuation pricing. We have negotiated with the developer to release 6 properties discounted, below their current market value, by $38,000 - $85,000NZD.
Additional to this, the property management company will also guarantee the rental returns at net 7% for the first two years. This equates to approx $835NZD per week! The on-site property manager considers these properties to be extremely attractive to the rental market and hence will provide an exceptional return on investment.
The Waterfront is apartment living without compromise; designed by leading architects Craig and Moller and built in one of the most inspired of settings. 52 prime waterfront apartments featuring open-plan living, indoor-outdoor flow to generous 24m2 private balconies, with astonishing 180-degree water views across Ahuriri Lagoon.
Price Range
$535,000 - $575,000NZD
(£192,000 - £206,000 or $410,000 - $441,000SGD or
$417,000 - $448,000AUD or $266,000 - $286,000USD)
Weekly Rentals
7% net guaranteed for 3 years
Key Features
- Multi-currency loans are available with interest rates as low as 4%
- Designed using the highest quality materials
- Stunning Italian style kitchens
- Bathrooms incorporate the latest technology
- All apartments face north, soaking up every last ray of sunshine
- Private balcony with louvers for sun control and privacy
- All apartments have two secure, undercover car-parks
- All apartments are wired for high-speed internet and sky digital TV
- Level 2 apartments have 72m2 of balcony and garden area
Point of Difference
It is not often that we receive such high rental yields for waterfront property. This is a unique opportunity to purchase a luxury apartment with unobstructed water views in a pristine location.
The opportunity to secure an apartment of this calibre in such an incredible location is rare. If you are interested in this property, please contact us promptly, as this development will not last long on the market.
Why Invest in Napier?
- One of New Zealand’s premium wine making regions
- The region is experiencing solid population growth
- Major holiday destination for national and
international tourists
- Boasting some of New Zealand’s highest sunshine hours
- The Waterfront Apartments will reap the benefits
of these growth prospects
Blessed with one of the best climates that New Zealand has to offer, Napier is in the heart of
the Hawkes Bay wine making region. Its long established
vineyards are set amongst the beautiful backdrop of the Hawkes Bay. The
sunny climate, sheltered coastal plains and long
established vineyards attract thousands of visitors every year. Fine
restaurants, cafes and wineries dot the countryside.
Ahuriri is an area of unique character. Like many wharf developments around the
world, Ahuriri is booming. Old waterside buildings and warehouses are being
revitalised into a hub of cafes and restaurants and the beautiful, sheltered
harbour and estuary are a magnet for yachts, kayaks, swimmers and water-sport
enthusiasts.
Ahuriri Estuary is an important wetland area with a diverse range of bird life.
Wonderful walkways have been developed around the estuary and lagoon, providing
opportunities for bird-watching, photography, picnicking, hiking and running.
Development Gallery
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