With the best high-yielding savings and term deposit accounts currently offering around 6% per annum, here's an opportunity to land an asset generating a higher return and sit back and watch the underlying asset price grow.
With these units sitting around 20% below where they were selling in 2021, the proven capital gain that you can expect to experience in the coming years once the inflation genie has been put back in its bottle is HUGE.
These are, quite frankly, no-brainer purchases right now. If you're looking for an investment, you'll struggle to find something that stacks up better than this over the next 3–5 years in terms of cash flow and capital gain.
Stanford has long been a staple in the portfolio of any Auckland property investor. The 2 bedrooms mean rent capitalization is maximized, and the smaller footprint means you're talking a very attractive price tag to secure it. Add to that the pullback in values we've seen over the past 15 months or so, and these rental powerhouses are ready to skyrocket.
Built by the well-renowned tried-and-tested Conrad Development Group, known for their no nonsense investment apartments, investing in Stanford is like betting on the All Blacks, you know your money is safe.
Note: The chattels in the photos may vary from what is being sold, please check the chattels list if this is important to you.