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NEW ZEALAND Property Investment. Commercial, Industrial, Office, Retail, Commercial Syndication & Otago University Property Investment Opportunities.
If you are an investor seeking a top-quality property leased to a prime national tenant who should always pay their bills, then this is it! In a popular main street location, featuring two street frontages and 15 car-parks, this modern, purpose-built bank building has been recently earthquake rated at 100% of New Zealand Building Standard. Currently on a net lease of $83,721 p.a. this should be an affordable, secure ‘bricks and mortar’ investment for private investors, trusts and syndicates. Price of $1,240,000 equates to 6.75% NET return, with good upside with the next rent review due in 2014, and a rental valuation of $93,200 available.
Contact me for further information, including copies of leases, earthquake rating report etc.
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"...While property prices are likely to pick up in future, a rental investment should stack up as just that - an investment. Properties are available at 8 per cent or 9 per cent gross return. Look for those - then any capital gains are just the icing on the cake."...Read the full article hereClick here to read the full Article
With low mortgage rates and rising rental returns, New Zealanders have returned to property as their favoured investment....Anecdotally Auckland and Christchurch appeared to be the most popular areas with property investors, as well as pockets of Dunedin. Read the full article hereClick here to read the full Article
"These numbers show very little if any alleviation in the shortage of listings is underway. In fact given that sales are rising the ratio of sales to listings continues to drift up. This sort of movement is correlated with prices also rising at an accelerating pace. Read or download the report here.Click here to read the full Article
"The real estate market in February has built on the strong results in December and January with a 37% lift in sales across the country compared to February last year and the highest number of transactions in a February month since 2008," said REINZ chief executive Helen O'Sullivan."Click here to read the full Article
"...although all three measures we follow in the REINZ housing statistics report eased in January – prices, sales, and days to sell versus average – the underlying trends are for improvements in all three. The rising real estate market will eventually lead to rising consents and dwelling construction with assistance from recent cuts in bank fixed housing mortgage rates." Read or download the full report hereClick here to read the full Article
".... relatively low prices but rising steadily, sales volumes picking up, short supply in sought-after locations, and low interest rates likely to continue throughout next year due to the economic uncertainty nationwide. No boom, but a definite boost, particularly in central Auckland.Click here to read the full Article
BNZ Weekly Overview 7th December 2011
Are New Zealand house prices overvalued by 25%. Read or download the full report here.Click here to read the full Article
"Every person who invests in well-selected real estate in a growing section of a prosperous community adopts the surest and safest method of becoming independent, for real estate is the basis of wealth." - Theodore Roosevelt
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