High Yield & Passive Cashflow with no Hassles! No tenant changes as 15 yr long term lease in place. An Enduring Asset Class for your Investment Portfolio in Serviced Apartments. Freehold Unit Titles so you can re-sell at any time.

If you desire a 6% gross yield and payment EVERY month giving you a consistent and ongoing income from your Investment Portfolio, this is the "perfect fit" for you in a rising market outside Auckland (so much more affordable).

These Serviced Apartments offer a unique property investment opportunity with the following features:

- Residential apartments (studio, one or two bedroom choices)

- Low cost entry price starting at just $213,000 (plus GST)

- Consistent cash revenue paid monthly directly to you by the commercial tenant

- Gross yield 6.0% pa. with only costs to you of annual Council rates and BC fees. No maintenance, repairs, reno costs, no calls from tenants as all covered by commercial lease so cost of the tenant!

- 2% pa. rental increases built into the long term lease rising to a cumulative 17% yield by lease expiry.

- 100% occupancy for the next 15 years plus further rights of renewal for up to ten more years (no leasing hassles by tenants constantly changing)

- Managed by a Body Corporate manager appointed by the Owners (no personal day to day management involvement required by you.)

- Possible depreciation and other tax benefits

- Mark to market revaluations every 5 years for capital gain

Whether you are paying with cash or gearing with a borrowing arrangement, these serviced apartments absolutely meet all the requ