A boutique freehold residential development of stylish
apartments in contemporary design, The Crescent offers fifty-two2-bedroom
apartments. Good size units meant for working and young
family working in the CBD, theses apartments feature ultra-modern
fittings and fixtures.
With its superb location, demand for rental is very high.
The Crescent offers a rent guarantee of 8.0% NETT per annum
for two years.
This stylish development
designed by world renown Architects Warren & Mahoney
offers you the convenience of a high quality Studio
or One Bedroom Suitewithout the cost.
As an owner, you will have
one of the world's greatest holiday destinations at your
disposal, with additional opportunity to earnreturn from the lease of your unit when
you are not staying there.
The Aurum Hotel
& Suites represents a fantastic lifestyle opportunity,
coupled with a first class managed property investment,
providing attractive return, future capital gains
and an involvement in this southern town largest and most
exciting industry - tourism.
The most outstanding feature of UNITEC RV1 is the long
term rental of 10+10 years to UNITEC, one of
the fastest growing universities established by the
Government of New Zealand.
Owners
are guaranteed a minimum 6.7% P.A. during the
rental period with Periodical Rent Reviews. For the
first 4 years, owners are guaranteed a rental
of 8% NETT p.a.
Fully
fitted out, including a comprehensive furniture package,
all apartments are subjected to a lease between the owner
and UNITEC for 10 years with an option to renew for a
further 10 years. UNITEC in turn leases the apartments
to the students on a bedroom basis under a tenancy agreement.
Each apartment receives:
·
a rental guarantee of 9.1% per annum for the first
four years, with ·rental review to prevailing market rent during
the 10+10-year lease period.
Units are leased by Quest
NZ Ltd directly from the owner for an initial lease
term of 10 years, with option of renewal for further two
terms of 5 years each. Cathedral
Junction offers an initial net rental guarantee
of 8% on purchase price in the first two years, with
rental reviews to prevailing market rates every two years.
A minimum rental guarantee of 7% per annum is also
given over the 20-year lease term.
