If you havenu2019t considered leasehold now is the time you should. In fact please bring your accountant to the viewing, as numbers donu2019t lie.

While your inviting him you can also mentionu2026u2026u2019this property has an expected rental return of 10% Net as wellu2019u2026

Trust me he will be there.

Thatu2019s rightu2026..

Income u2013 Expenses = 10% return.

So as an investment it stacks up and then some but even better if you bought to live in you are effectively paying nothing u2026u2026i.e. $30,000+ of( interest only) payments to the bank each year vs the lease payments which is much much less.

And look at the place. It is the place to be and with Wynyard Quarter just about to start showing its fantastic future itu2019s only going to get better.

So leasehold is about living the lifestyle without the price tag and you can free up other capital elsewhere.

Email jesse@apartmentspecialists.co.nz