The Future of Property Investment
22 Aug 2017
We all know that the average price range of Auckland properties has risen significantly over the past few years and investors wanting to buy easily tenantable properties now find themselves looking in the $800,000 to $900,000 bracket.
While there are still properties available in this price range – the houses themselves often come with high maintenance costs which place serious pressure on the ROI.
Because of this, many investors are now seeking low maintenance, new homes in the fast-developing green-field locations on Auckland’s outer limits. We find that areas such as Warkworth, Kumeu, Pukekohe, Pokeno and Te Kauwhata are in demand as there is work close by but a shortage of good quality rental accommodation.
As a direct solution to this, KEY2 have entered a strategic partnership with Auckland Property Management (APM), making this type of investment a hassle-free proposition.
KEY2 specialises in sourcing the perfect piece of land, or house & land package (that often no one else can), to create new homes and has a range of styles to choose from that will suit any site and ensure investors get the right mix of cost and size to maximise rental return. Not only do we have one of the biggest ranges of properties across Auckland, but we work with the best choice of builders and developers, and if we don’t have what you are looking for, well, we’ll go and find it.
APM meanwhile are long established in property management and can advise on rent levels and design elements to improve desirability – a key to achieving maximum rental return.
Together we offer a turn-key investment solution. KEY2 provides support through every stage of the new build process from design and landscaping, to build and financing assistance, yielding a home for investors that is ready to rent. APM then find the tenants, manages the property, and in many cases, can even offer a guaranteed rental scheme.
The benefits of new property for investment are numerous. Tenants love new homes to move into; the home comes with all its warranties; there is very little maintenance needed; and LVRs are much better for brand new properties, with up to 90% finance available.
To find out more about this exciting investment option contact Geoff Morgan on 027 700 7700 at KEY2 or Howard Morley or Celia Burbery at APM on 09 638 2500 or visit - https://www.aucklandproperty.net/investor-platform/