Metropol Dual Key Investment
Corner Leeds and Ghuznee Streets, Wellington, New Zealand
ANALYSIS SUMMARY
Apartment 3C
Valuation: $475,000
Purchase Price: $451,000
Immediate Equity: $24,000 (5.05% below registered valuation based on if the development was built in today's flat market)
Settlement: Expected settlement is late 2011
Deposit: Either 10% deposit or a Home Bond is acceptable. We have a broker who can explain this process and help you through your application.
The Developer Will Contribute $3,000 Toward Your Home Bond Fee
INVESTMENT OPPORTUNITY
This is your choice to secure a quality investment that you can buy in a flat market at figures based on if the development was built today, and then settle in three and a half years time when the market should be stronger, and significant growth in both yield and equity could be realized.
You get:
- One bedroom plus studio apartment on one title with interconnecting doors
The interconnecting doors give you the flexibility of renting as one large two bedroom apartment, or to maximize your yield you can rent as two separate apartments. Being able to rent as a studio and one bedroom, or as a two bedroom apartment gives your investment a diversity rarely seen and gives you the ability to adapt to market demands.
- Two incomes = outstanding yield
Two incomes from the one investment gives you a high yield for such a centrally located, quality apartment.
- Both apartments are fully furnished
Fully furnished apartments give you maximum rent and high depreciation, both enabling you to maximize your return.
- Great lending options
With a floor area of over 50m2, your financing options are varied
- Rare high yielding quality investment with excellent growth potential
The fantastic central location should be enough to ensure high quality tenants for years to come. These investment apartments ALSO have the advantage of being some of the best quality apartments of their kind on the Wellington market today, AND will be surrounded by very highly specified owner occupied apartments which should have a significant advantage of keeping the investment apartment values high.
DEVELOPMENT SUMMARY
Metropol is a brand new multi-use development situated in a prime central Wellington location, only steps to the centre of the ever popular Cuba Precinct, and only a block to the entertainment heart of Wellington, Courtenay Place.
Metropol consists of:
- Ground floor retail space
- Two floors of commercial space
- Investment Units - Dual key, one bedroom plus studio, fully furnished
- Duplex Apartments - two bedroom apartments on two levels
- Live / Work Apartments - two bedroom apartment upstairs and office space downstairs
- Large one, two and three bedroom apartments situated in a 15 storey tower with access to a rooftop garden on level 12
- Three sub penthouses and two stunning penthouses
- 70 carparks
- Bicycle racks available for all residents
THIS IS NO ORDINARY INVESTMENT
The many sustainability features built into this development give this investment a whole new dimension. Additional energy production is achieved through capturing the energy created from the lifts on their decent, and also from modern windmills on the roof. Solar panels will be on the northern side of the building generating power for the building hot water supply. Energy efficiency will be further created through sensor lighting and energy efficient appliances. Thermal insulation is a feature of the building minimizing heat loss and city noise. These and many other features will attract public attention, creating demand for both owners and tenants looking for quality city living. The Body Corporate levies will reflect some of the energy savings achieved.
ASK FOR YOUR INFORMATION PACK TODAY
SIMPLY REGISTER YOUR INTEREST BELOW
name:
Metropol Dual Key Investment
location:
Corner Leeds and Ghuznee Streets, Wellington, New Zealand
type:
Dual Key Investment Apartments
