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Purchase in the first stage of Calibre and save!Stage one of three is available for purchase now and offers sophisticated two bedroom apartments at an excellent price point for central Christchurch. These apartments will not be complete until 2010 so this is a fantastic opportunity for off plan investing with little or no money down.Calibre is located in the well known suburb of St Albans; close to central Christchurch. It is a multi apartment development with stylish features, full security systems and generous outdoor living. Priced at $325,000 - $330,000NZD these apartments offer great value for money and include two car parks, fridge/freezer, washing machine and dryer, as well as FREE window furnishings.Pay nothing until 2010 with deposit bondsThe developer has agreed to pay the cost of the deposit bond so you can secure an apartment in Calibre today with absolutely no money down and pay nothing until 2010. If you elect to pay with a cash deposit all that is required is 10% of the property’s cost. This money stays secured in a lawyers trust account, earning you interest too. The rental guarantee equates to a hassle free investment until 2011The developer has such confidence in this development that they are offering a one year rental guarantee to see you through the initial renting phase. This is your chance to acquire a stylish investment property with no hassles for three years.“Calibre is well priced to provide the best returns to investors, both from rentals and capital gain”Key benefits of investing at Calibre* Excellent price point * Invest in the initial stage 1 and reap the early investor benefits * One year rental guarantee * Deposit bonds paid by the developer * FREE window furnishing package * FREE fridge/freezer, washing machine and dryer for the first 10 purchasers * Full time onsite manager * Excellent Location - inner city Christchurch * Two bedroom apartments all come with two car parks Price Range:$325,000 - $500,000NZDWeekly Rentals:$365 - $450NZDKey Investment Features:* Secure a beautiful inner-city apartment with only a 10% deposit and nothing more to pay until late 2009* Multi - currency loans available on these apartments. Interest rates from 4.5%pa* Modern and appealing property * Quality appliances including fridge, dishwasher, oven, waste disposal* Washing machine and dryer* Double glazed windows throughout* Childrens play area* Two secure car parks included in the purchase price Why invest in Christchurch and New Zealand? * No Capital Gains Tax * No Stamp Duties or land tax * No Inheritance Tax in New Zealand * Strong population growth * Robust economy * Economic hub of the South Island * Hosting the 2011 Rugby World Cup * Hosting the 2015 Cricket World Cup * Strong demand for inner-city living * Lower property prices than Auckland or Wellington Christchurch is the second largest city in New Zealand and is the economic hub and international gateway to the South Island. Property in Christchurch is reasonably affordable and creates an easy entry into the property market for investors. The gross returns on investment properties are higher in Christchurch than most other Australasian cities.There has been an increased demand for apartment or townhouse living over recent years. This has been caused by increasing restraints on living space in the city, and increasing consumer desirability for lower maintenance living in attached housing.Deposit Bond Investing A Deposit Bond is a substitute for the cash down payment or deposit required when purchasing a property.You are effectively using the equity in your own home as a deposit guarantee therefore satisfying the vendor’s deposit requirements.Rather than paying the deposit amount required in cash, you only pay a small premium for the Deposit Bond.....
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