REAL ESTATE FOR SALE (OFF-PLAN) (£ GBP 170,000)
Apartment for sale in Albany Auckland Auckland New Zealand

A luxurious gated community situated on a sheltered ridge in the the vibrant hub of Albany, Point Ridge receives all day sun with views all the way to Auckland City. This innovative development offers 20 apartments set amongst terraced housing and is due for completion late 2008. This development is targeting the executive style of tenant.

These 2 bedroom apartments with optional study are due for completion in late 2008 and can be secured now with a 10% cash deposit.

Price Range: £171,000 - £245,000 or €251,000 - €359,000 or $485,000 - $695,000NZD
Weekly Rentals:$440 - $520NZD

Key Features:
• Exceptional high quality development
• Timber flooring & Italian Stonework
• NZs largest gated community
• Stainless Steel appliances
• Large hotel-style pool & lap-pool
• Nearby children’s recreational area
• Large pavilion for individual or community functions
• Fully-equipped gymnasium

Point of Difference:
This Mediterranean styled village offers quality and luxury in a classical modern living environment. The on-site management delivers maintenance free living, also taking away the hassle of letting your investment property.

You have the ability to secure an apartment now with only a 10% deposit (£17,100 or €25,100). With no more to pay until late 2008. This strategy lets you take ownership in a growth asset with minimal cash outlay, securing the upside and pre-construction price.

Auckland is New Zealand’s largest city with a population of 1.8 million and has a growth rate twice as fast as the national average. Albany is New Zealand’s fastest growth region with billions of dollars being spent on infrastructure, it is set to become the second largest centre in the country.

Albany already houses the world class Massey University, North Harbour Stadium and elite private schooling. Developmental projects include a dedicated bus lane into Auckland city, Australasia’s largest supercentre Westfields, specialty home improvements stores and a dedicated commercial area. The Albany area will provide an exceptional opportunity for investors interested in maximising their capital growth and maintaining strong rental yields.