PENTHOUSE, 2-STOREY, BRAND NEW, FULLY FURNISHED, HIGH STANDARD, 1 SECURE CAR PARK IN THE BASEMENT, SHORT WALK TO SKY CITY CASINO, EASY ACCESS TO MOTORWAY. Ready October 2007 with immediate rental return. PENTHOUSE, under construction, Auckland City Centre (Hobson St), NEW ZEALAND. 2-storey, 2 double bedrooms, 2 toilets, 67.6 sqm, fully furnished, high standard, city views, the best (end) position in the building, on top of brand new Auckland City Hotel (possibility of renting to the Hotel), easy access to motorway, short walk to Sky City Casino, one secure carpark in the basement, plus lots of extras: 2-way switching throughout (incl. lounge and bedrooms), 5 data/phone outlets, TV outlets in lounge and bedrooms, extractor fans with delay timers in bathroom and en-suite, rangehood vented to the outside (not recirculated inside), plenty of double power points, good lighting etc. Being built by one of the leading, award winning Auckland developers. 10-storey building not too low, not too high. Construction already started expected completion 2nd half 2007. Genuine reason for sale going overseas. 5 years GUARANTEED RETURN of approx. NZD 36,000.00 (incl. GST) per annum (minus body corp., rates etc.) if leased to the Hotel lease agreement is already in place but can be cancelled with 3 months notice if you don't want to lease the penthouse to the Hotel. If leased to the Hotel you will also get 10 free days per year for your own use. For Sale 2 bed in North Island New Zealand find North Island properties

262 square feet 1.5kms from Hamilton city south eastern boundary. Zoned Rural Residential. Free School bus at the gate for most secondary schools. University 2.6 km. HAmilton International Airport 12km. Down town Hamilton City 6.5km. Four double bedrooms, ensuite in master king bedroom and one single or office. Separate longe, dining and relaxing/family rooms. 2 bathrooms, 2 separate toilets. Modern country style kitchen and food prep. area. Sep. laundry and spa rooms. Fully telephone distribution system. Well lit garden and featured tree areas. Tripple car garaging, stable, outside toilet, tack room workshop and implement storage area. two gully aspect grazing paddocks and one flat paddock. Post and rail fencing. sealed driveway with ample off street parking Included is a 1 bedroom deluxe tourist cottage that provides a steady bonus income. Currently the Homestead is run as a Bed and Breakfast establishment. The accommodation business is also available as a going concern. Five bedrooms, office, ensuite, two separate bathrooms, two separate toilets, formal dining room, casual and family room lounges, Landscaped mature tree (Oaks, Maples, Paulownia, Rimu, Totara, PinOak etc. Large lawns, Nth gulley aspect, pony paddock, asphalt drive easy care gardens and a selection of citrus, peach and apple trees. Three car garage, outside toilet, bike shed, stable, workshop and tack room. Separate self contained Tourist accommodation cottage.Region: Waikato (New Zealand)Localisation between: Hamilton and Cambridge, Localisation at the edge of a village hilly surroundings, vue panoramic viewEloignement voisins: not visible from living areas, commerces: Hillcrest shopping centre, ecole: Hillcrest Primary, High School, Universi, petite ville: Cambridge, grande ville: Hamilton, montagne: Kaimai Ranges, National Park, Tongariro, mer: Raglan (west) Mt Maunganui (east), zones de loisirs: Hamilton City, Mystery Creek,surface du terrain : easy maintained garden, mature trees, lawns. Pony paddock and grassy treed gully areas with stream and fresh water springs.Rez-de-chaussee 422etages 2, Living, office and two large bedrooms downstairs, three bedroosm two bathrooms upstairs.equipement telephone, electricite, gaz gas connection, eau well, eaux usees septic tank, chauffage: electric, cheminee: log fire heats most of the homesteadetat ready for immediate occupancy, The homestead has a variety of long lasting construction materials. It has been well maintained and is in excellent condition. Floor coverings of carpet ( 5yrs) and tiles.annexes The 3+ car garage and renatable Tourist Cottage are 10 years old and in excellent condition. Other out buildings, stable and so on have been maintained to a high standard.possibilitesd'utilisation The property is currently run as a Home/Farm stay with tourist cottage. The main client base is from other countries.conditionsd'achat as per NZ local body rules. Occupancy can take place within on completeion of finance transaction. If the purchaser wishes the property can be managed by the current owners until occupancy up to six months after transaction is completedinconvenients The homestead is large and may not suit aged persons and people with physical disabilities.avantages Can provide a good income. Is less than 2 KM to Hamilton city boundary. 4km to Waikato University. School buses at the gate. Privacy and quiet yet within minutes of restaraunts, schools, supermarket and Hamilton Int. Airport.Bilan This property would suit a family or a couple who wish to run the existing B&B and self catering cottage as an income earner.rooms: 17 living space app. 262m2 land surface/app. m2: 7.830m2Price: 925.000,00 856.764,00 1.182.334,00 $Selling price including Agency fee !All details displayed without guarantee!To request further details please use the Contact Us link below.To view more properties from bluHomes AG click the 'More Properties' link below. Business For Sale in North Island New Zealand find Nort

Returning 7% annualy on investment fixed for 3 yearsRegion: Canterbury (New Zealand)situation near to: Right on beachfront, orientation east, situation town/village center flat, view sea viewdistances neighbours: next doorequipment telephone, electricity, water main connection, used waters main sewer, heating: electriccondition in building processbuyingconditions subject to formal leaserooms: 33 living space app. 1.034m2 land surface/app. m2: 1.584m2Price: 4.760.000,00 4.408.860,00 6.084.227,00 $Selling price including Agency fee !All details displayed without guarantee!To request further details please use the Contact Us link below.To view more properties from bluHomes AG click the 'More Properties' link below. Apartment For Sale in South Island New Zealand find South Island properties

North facing, 5.8ha, block accessed from Noakes Hill Road. Current indusrtial type steel truss building on site less than 75 metres from the front gate, filled with reics from the past. The lsnd scape varies from rolling, to slopping to steep. Native trees, open areas, and bush, all north facing. An exceptional oppurtunity to take advantage of this remarkable region.Region: Auckland (New Zealand)situation Near to: Auckland City, situation/direction: north, situation secluded: hilly, view: panoramic viewdistances: neighbours: very secluded and private, shopping: nearby, school: Primary to College all close by, town: many close, city: Whangaparaoa, mountains: n/a, sea: very close, attractions: private yet close to all amentitiesproperty: section only, waiting to be built on.ground floor: yet to be builtupper floors: yet to be builtcondition: secluded, section, electricty, telephone, gas etc all easy to set up.annexes: large out buildingpossibleutilization: farming, subdividing, anything from residential to ruralconditions ofassumption: as per agreementdisadvantages: noneadvantages: manyconclusion: Beautiful section, many possibitiesrooms: 0 living space app. m2 land surface/app. m2: 59.000m2Price: 165.000,00 152.828,00 210.903,00 $Selling price including Agency fee !All details displayed without guarantee!To request further details please use the Contact Us link below.To view more properties from bluHomes AG click the 'More Properties' link below. Other For Sale in North Island New Zealand find North Island properties

66 square feet Beachfront property with jetty. Suitable Holiday or retirement home - very private, 20 minutes from Downtown Auckland by ferry. Ideal for boating enthusiasts. Large property with development potential for an additional house. The house has recently been referbushed.Region: Auckland (New Zealand)position near to: Auckland, orientation east, position: at the edge of a village, hilly surroundings, view at the seadistances neighbours: 100m, shops: supermaket, shops, bars, resturants, shool: Waiheke school, village: Ostend, city: Auckland, sea: Waitemata, leisure: yachting,tennis,trampingproperty: 1315mfloors 2 floors, Upstairs living room and downstairs workshopequipement telephone, electricity, bottled-gas, water: well, used water: septic tank, heating: gascondition ready for immediate occupancy, recently referbushedannexes nonesummary ideal home for boating enthusiast with sea ancorage in the bay. Jetty in good condition.rooms: 1 living space app. 66m2 land surface/app. m2: 1.315m2Price: 575.000,00 532.583,00 734.964,00 $Selling price including Agency fee !All details displayed without guarantee!To request further details please use the Contact Us link below.To view more properties from bluHomes AG click the 'More Properties' link below. Land For Sale in North Island New Zealand find North Island properties

4 hectares of land close to Christchurch for sale...4 hectares of land close to Christchurch for sale Other For Sale in Christchurch South Island New Zealand find Christchurch properties

380 square feet An absolute water front property with small beach just meters from the house. With 4 large bedrooms main bedroom airconditioned. All rooms have sea views on two levels, with billard room study and one bedroom with lounge on the lower level. The grounds are landscaped for easy care.Region: Auckland (New Zealand)Situation near to: City of Auckland, Direction north, Situation town/village center , view viewDistances to nearest Neighbours: Next Door 15m, Commerce/shops: -5Km, School: -2Km, Town centre: Pakuranga Town Centre -5Km, Large city: Auckland City -15Km, Mountains: Rangers -30Km, Coast/beaches: -10m, Entertainment/recreation: Within 2 to 10kmTotal area 1390 Sq MFloor area 380 Sq MNumber of floors 2Facilities Telephone, Electricity, Gas gas connection, Water mains connection, Waste water draining system, Heating: Gas and Reverse cycle A/C, Fireplace: Gas FiredHabitability ready for immediate occupancyOutbuildings Nonepossibleuse Residential House Could be upmarket rental propertyBuyingconditions Cash UnconditionalDisadvantages NoneAdvantages Close to all shopping malls Schools Private and public right on the water with swimming beach boating marina and very quietSummary A very pleasant home 30 minutes from Auckland CBDrooms: 13 living space app. 380m2 land surface/app. m2: 1.390m2Price: 1.500.000,00 1.389.346,00 1.917.298,00 $Selling price including Agency fee !All details displayed without guarantee!To request further details please use the Contact Us link below.To view more properties from bluHomes AG click the 'More Properties' link below. Other For Sale in North Island New Zealand find North Island properties

THESE UNITS ARE SELLING FAST IN NEW ZEALAND SO PLEASE CONTACT US ASAP!!Have you been waiting for an affordable Auckland investment property with a high yielding rental guarantee? We are pleased to present the Proximity Apartments with these and more exclusive benefits for our clients! Please read on for the key elements that make this proposition an extremely attractive investment opportunity.Price PointThe Proximity has a low price point for the Auckland market with units ranging from 60,000 - 140,000. Please note a car parking space is included in this price. Furniture packs are also available. At this price point we do not expect them to remain on the market for long.Rental GuaranteeWe have negotiated a two year rental guarantee exclusively for our clients. The guarantee is at $400 per week for a two bed apartment. These guarantees are based on current market rental rates.High Yielding ApartmentsThe apartments will generate a guaranteed rental return of between 6% - 9% per annum, which makes for some of the highest yielding apartments available in Auckland today.Minimal Outlay until Completion in Early 2009To secure a property today a 10% deposit or deposit bond is all that is required until completion. The developer will subsidise the cost of the deposit bond by $1000 thus making the total deposit bond premium payable by an investor approximately 1000. Alternatively a cash deposit for these apartments will start as low as 6,000.Arm Chair Investment until 2011With completion in 2009 and a high rental return guaranteed for two years, the Proximity Apartments make for a sound long term, hassle free investment. This deal is available for all apartments in the Proximity including the upper level and penthouse apartments. With 16 floors in total there is a good selection of top floor apartments with great urban views.Key Investment Features* Early investors will be able to cherry pick the best units* Top level apartments are available for purchase* Little money down until completion in 2009* Superb views from the higher levels* 2 year rental guarantee* Manakau is experiencing strong population growth* Furniture packs available for purchase* Free Washing Machine and Dryer package* Includes full Whiteware package* Close proximity to Auckland International Airport* Car parking available for purchaseWhy invest in Manukau & New Zealand* No Capital Gains Tax in NZ* No Stamp Duties or land tax* No Inheritance Tax in New Zealand* Robust economy* Hosting the 2011 Rugby World Cup* Hosting the 2015 Cricket World Cup* Strong demand for inner-city living* Highly ranked in quality of life surveys* Manukau has lower property prices than Auckland central* One of New Zealands fastest growing cities* Huge demand for inner-city living in quality propertiesManukau has strong population and economic growth. Its just 20 minutes from downtown Auckland and is the location of Auckland International Airport; arrival point each year to over 1.7 million visitors to New Zealand.Manukau is rich in cultural diversity offering a blend of urban, rural and seaside communities. This city provides an exceptional opportunity for investors interested in maximising their capital growth and maintaining strong rental yields.Deposit Bond InvestingAs mentioned above investors are able to secure a unit using a deposit bond. This is a cost effective and easy way to meet your deposit obligations on Homebond approved developments.When you use a deposit bond you satisfy the vendors deposit requirements by the issue of what is essentially a deposit guarantee. You dont have to use your own hard earned cash or go to the bank to extend your own mortgage to cover the deposit. and do not you have to break an existing term investment, which often incurs penalties. Furthermore you will not be tying up all your existing credit lines for the duration of the contract period.The Bond provides a low-cost option to secure a stunning apartment at todays prices with no more tha

This property is split over three levels, bottom level being huge living area plus outside deck overlooking bushland. Second level has new gourmet kitchen flowing through to the dining area then onto large deck at rear of property with barbeque area overlooking native bush. Two newly carpeted double bedrooms and sep toilet and bathroom combined with tiled laundry area complete the second level. Top level has three newly carpeted large bedrooms, main bedroom has deck to rear Main bathroom is situated on the top level with integrated toilet. Views to Water & City Ample off street parking for 5 vehicles with a double garage and separate workshop. New Home For Sale 5 bed in Auckland New_Zealand find Auckland properties

A unique house overseas!!!!!!!! Style! Luxury! Views! In New Zealand..... 862 sq m property located in Papakura, Auckland. Open-plan living. Master bedroom with en-suite bathroom conveniently located on the ground floor. Three sunny upstairs bedrooms overlook Manuka Harbour. Automated entrances on double garage. Many more pictures available on request. For detailed information and appointment to view, contact Elsabe on House-Home For Sale 4 bed in Auckland New Zealand New Zealand search Auckland properties

Dit is die ideale geleentheid om 'n huis in Niew Zeeland te besit.............. As jy te lank wag sal jy hierdie geleentheid om 'n huis in Niew Zeeland te besit, misloop. Lieflike gesinswoning in Auckland met asemrowende uitsig oor Mamukura Harbour en Hombay Hills. 3 Slaapkamers , 2 sitkamers, 3 kombuise, stort. Vir volledige inligting skakel Gert by 0829298894 House-Home For Sale 3 bed in Auckland New Zealand New Zealand search Auckland properties

A superior two bedroom apartment in a top building within a great location. You will be able to experience incredible views from this floor height. This property is great as a continued investment or it makes a terrific city base. It is only minutes to High Street and the designer shops. You will be able to walk to many stylish restaurants. For Sale 2 bed in Chatham Islands New Zealand find Chatham Islands properties

A superior two bedroom apartment in a top building within a great location. You will be able to experience incredible views from this floor height. This property is great as a continued investment or it makes a terrific city base. It is only minutes to High Street and the designer shops. You will be able to walk to many stylish restaurants. For Sale 2 bed in Chatham Islands New Zealand find Chatham Islands properties

Vacation rentals Pyramid Farm situated at the northern end of the Paparoa national park offers great accommodation for the traveler who enjoys Nature and a relaxing enviroment. ENGLISH Conversation camps, Students who wish to improve their English conversation skills find these camps very beneficial. Full accommodation in one of New Zealand's most scenic adventure areas, food and at least 5 hours English conve...

A stunning end apartment set in a no exit street which leads to the waterfront.  This complex is beautifully presented within walking distance of the CBD cafes and shops. The inviting hallway leads to three bedrooms two bathrooms and a warm spacious lounge. The private deck is ideal for an evening glass of wine or a great space to entertain family and friends. This apartment is perfect for a couple wanting a city lifestyle and low maintenance living. This vendor is moving on for definite sale. For Sale 3 bed in Chatham Islands New Zealand find Chatham Islands properties

A stunning end apartment set in a no exit street which leads to the waterfront.  This complex is beautifully presented within walking distance of the CBD cafes and shops. The inviting hallway leads to three bedrooms two bathrooms and a warm spacious lounge. The private deck is ideal for an evening glass of wine or a great space to entertain family and friends. This apartment is perfect for a couple wanting a city lifestyle and low maintenance living. This vendor is moving on for definite sale. For Sale 3 bed in Chatham Islands New Zealand find Chatham Islands properties

House The property shown in the photographs is a spacious, modern, two-storied, architecturally designed home with spectacular seaviews which include the Mercury Islands and Great Barrier and only a 1-2 minute stroll down to a white sandy beach. With two bathrooms and three large bedrooms, this is an ideal choice for two families. This is just one example of 300 homes we can offer you which are mainly located on the beautiful Coromandel Peninsula, with some in other North Island destinations such as the Bay Of Islands, Northland, at beaches just north of Auckland and in Lake Taupo. Whether you are a group of two families joining up for a summer holiday, or a couple needing a cosy winter get-away, we can find the right Holiday Home for you. New Zealand has some of the most picturesque beaches in the world. On our own web site - where we have all the homes dispalyed with full descriptions, colour photographs, seasonal rates and availability calenadrs. There is also a Destinations section where we have brief introductions and photos of the beaches near our private Holiday Homes with listings of houses within each destination. We handle all aspects of your stay including meeting you at your arrival to show you into the house. We look forward to helping you choose the right property for your requirments, so email us today and we will make some suggestions. holidayhomes@bluepenguin.co.nz

Step in from the cold and enjoy this large two double bedroom apartment in the Citta apartments. Overlooking the inner courtyard, a peaceful enclave in the city, at 60m2, this apartment enjoys a prime position, being north facing at the far end of the complex. The open plan living optimises the feeling of space, with a well designed kitchen, with moveable island, providing both a workbench and breakfast bar, whilst the large living area looks out onto the courtyard below. Enjoy morning coffee sitting around the dining room table before heading off into the city. The master bedroom is a great size, with built in wardrobes and plenty of room for your furniture, whilst the second bedroom, also with built in wardrobes, can accommodate another double bed, although the current set up maximises the space further. With a short trip into the CBD, this apartment is ideal for city workers who don't have a car to worry about, although there is plenty of public parking just behind the apartments, with internal access to Citta for residence. Currently tenanted at $320 pw, this apartment could also be an investment opportunity in a city fringe location. For Sale 2 bed in North Island New Zealand find North Island properties

Step in from the cold and enjoy this large two double bedroom apartment in the Citta apartments. Overlooking the inner courtyard, a peaceful enclave in the city, at 60m2, this apartment enjoys a prime position, being north facing at the far end of the complex. The open plan living optimises the feeling of space, with a well designed kitchen, with moveable island, providing both a workbench and breakfast bar, whilst the large living area looks out onto the courtyard below. Enjoy morning coffee sitting around the dining room table before heading off into the city. The master bedroom is a great size, with built in wardrobes and plenty of room for your furniture, whilst the second bedroom, also with built in wardrobes, can accommodate another double bed, although the current set up maximises the space further. With a short trip into the CBD, this apartment is ideal for city workers who don't have a car to worry about, although there is plenty of public parking just behind the apartments, with internal access to Citta for residence. Currently tenanted at $320 pw, this apartment could also be an investment opportunity in a city fringe location. For Sale 2 bed in North Island New Zealand find North Island properties

On the market for the first time since new is this fantastic spacious apartment at One Hobson St. With 2 bedrooms, 2 bathrooms and a secure car park this property has it all. The large open plan lounge, modern kitchen and dining area give this apartment a definite “X” factor. Soak in the views from the long deck that can be accessed from the living area as well as both bedrooms. With the luxurious 4 star Hotel Grand Chancellor operating in the building; you can really take advantage of city living at its best. Common facilities include a swimming pool, plunge pool and spa as well as a fully equipped gym and sauna. There is even a licensed restaurant next to the lobby if you prefer not to cook. The overseas owners have said it’s time to sell so come and make this apartment your next lifestyle choice or reap the rewards of an executive investment. Currently rented at $600 per week. For Sale 2 bed in Chatham Islands New Zealand find Chatham Islands properties

This canal based house located at Huntingdon Park epitomises the character of the Canterbury countryside only about 1 hour from Christchurch and 5 minutes from Ashburton. The magnificent Lake Hood is the new premier sport and recreational venue. Pursue your personal water sports sailing, windsurfing, canoeing, diving, rowing, water skiing, swimming and fishing within metres of your home and snow ski on Mid Canterbury ski-fields during winter. This is a rare opportunity to purchase a superb family home in this flourishing new lakefront subdivision. This is absolute waterfront and the new owners have the option of a jetty at the end of the section. Three car garaging gives room for the boat and a private launching ramp is approx 50 metres away. The generous living areas make the home ideal for entertaining friends and family alike. With four bedrooms, master bedroom with ensuite and walk in wardrobes, bathroom, laundry, open plan kitchen dining, living room and triple garage. The new owner still has the opportunity to choose the kitchen of their choice. Floor 232 m. Land 875 m. For Sale 4 bed in New Zealand find New Zealand properties

On the market for the first time since new is this fantastic spacious apartment at One Hobson St. With 2 bedrooms, 2 bathrooms and a secure car park this property has it all. The large open plan lounge, modern kitchen and dining area give this apartment a definite “X” factor. Soak in the views from the long deck that can be accessed from the living area as well as both bedrooms. With the luxurious 4 star Hotel Grand Chancellor operating in the building; you can really take advantage of city living at its best. Common facilities include a swimming pool, plunge pool and spa as well as a fully equipped gym and sauna. There is even a licensed restaurant next to the lobby if you prefer not to cook. The overseas owners have said it’s time to sell so come and make this apartment your next lifestyle choice or reap the rewards of an executive investment. Currently rented at $600 per week. For Sale 2 bed in Chatham Islands New Zealand find Chatham Islands properties

This fourth floor, two bedroom apartment at number One Hobson St is ideal as an investment, city-stop-over pad or first home for a single or young couple.  Functional and well designed, superior fittings including white ware this apartment has some unique qualities. The master bedroom features a floor-to-ceiling glass window with wide views across the Viaduct to the harbour bridge. The mornings suddenly become an experience you look forward to waking up to. So what are your options? Live in yourself or tenant it.  Renting this apartment just won’t be a problem. Previous tenants have paid from $400 - $450 per week.  With minimal vacancy this is a tidy return. What could you do with the car park? The apartment comes with a highly desirable and well located car park. This gives you the option of using the car park yourself, or have you thought about renting it out. Car parks in the inner city are fetching a premium of from $50 - $70 per week. Now that’s a nice little earner to cover the body corporate fees. Enjoy Hotel facilities and location You will also have the added bonus of using the Grand Chancellor Hotel facilities – a choice of three pools (one lap, plunge and spa pool), gym, sauna and restaurant. You or your tenants will also appreciate the security of having 24/7 hotel staff, easy access to the motorway and a minutes walk to the trendy and effervescent Viaduct. With freehold tenure, what more could you want? For Sale 2 bed in Chatham Islands New Zealand find Chatham Islands properties

This fourth floor, two bedroom apartment at number One Hobson St is ideal as an investment, city-stop-over pad or first home for a single or young couple.  Functional and well designed, superior fittings including white ware this apartment has some unique qualities. The master bedroom features a floor-to-ceiling glass window with wide views across the Viaduct to the harbour bridge. The mornings suddenly become an experience you look forward to waking up to. So what are your options? Live in yourself or tenant it.  Renting this apartment just won’t be a problem. Previous tenants have paid from $400 - $450 per week.  With minimal vacancy this is a tidy return. What could you do with the car park? The apartment comes with a highly desirable and well located car park. This gives you the option of using the car park yourself, or have you thought about renting it out. Car parks in the inner city are fetching a premium of from $50 - $70 per week. Now that’s a nice little earner to cover the body corporate fees. Enjoy Hotel facilities and location You will also have the added bonus of using the Grand Chancellor Hotel facilities – a choice of three pools (one lap, plunge and spa pool), gym, sauna and restaurant. You or your tenants will also appreciate the security of having 24/7 hotel staff, easy access to the motorway and a minutes walk to the trendy and effervescent Viaduct. With freehold tenure, what more could you want? For Sale 2 bed in Chatham Islands New Zealand find Chatham Islands properties

Townhouse For Sale 3 bed in Hamilton Waikato New Zealand find Hamilton properties. THE OPPORTUNITY: Is to purchase a brand new Townhouse off-the-plans in Dinsdale, Hamilton, NZ (4 Townhouses available). These 3 bedroom Townhouses have been specifically designed as investment properties. A number of factors contribute to the investment potential of these properties. FIRSTLY, THE LOCATION: The houses an excellent location, close to the Dinsdale shopping center, local schools and parks, and within easy commute to the Hamilton CBD. We have already successfully built, sold and tenanted several similar developments in this area so we know that demand from tenants and buyers is consistently strong. THE DESIGN: NZ certified builders construct quality, low maintenance dwellings from durable and proven products like brick cladding and longrun roofing, that will stand the test of time. The outdoor areas are low maintenance with barked native gardens. The traditional investment properties in this area simply do not compare with developments like ours. THE RETURN: These properties may prove a financial success in a number of ways. Aside from the weekly rental, these investments will provide a vehicle in which to reduce your income tax. Being new build, with a high building to land value ratio, these properties will maximise the depreciation you can claim. Over time, you can expect the rental income to increase, which together with the capital gain will create a profitable retirement vehicle. RENTAL ESTIMATE: NZ$330-350 per week DEPOSIT: 10% deposit per house on completion of due diligence. The deposit will be held in our solicitors trust account until settlement, which occurs 5 days after the title and code of compliance have been issued. CONSTRUCTION TIME: Four Townhouses under construction. We expect to be completed in June, with settlement in July 2009.