Great Location, Brand New, Great Price

Description

A new suburban apartment community in Mangere, Avenue Apartments provide 119 architecturally designed one and two bedroom apartments at a fantastic price point in a prime commuter zone.

  • 1 and 2 bedroom premium apartments in Mangere, Auckland
  • Located in a prime rental area close to industrial and commercial hubs and major employers
  • Gated community with CCTV security and swipe card access
  • One car park per apartment
  • 80% LVR available as a new build, vs 60% for an existing house
  • Massive population growth and shortage of housing in Auckland
  • Fixed price development. Lock in today’s pricing and enjoy market growth in value and rents at completion
  • Single property manager (resident on-site) to ensure smooth management and consistent rents

The exterior of the building features clean, modern, contemporary styling and robust materials. The apartments are rendered in a simple but expressive manner with alternating rhythms of materials and varied external articulation to give the apartment buildings a welcoming, human scale.

With an On-site Manager, on-site car parking (one allocated space per apartment) and a communal courtyard space including barbeque area and children’s play area.

Consider the following:

  • In 2028, Auckland will be home to 37% of New Zealand's population, compared with 34% in 2013
  • Auckland's population is projected to reach two million by 2033
  • By 2043, the population of Auckland could make up 40 percent of New Zealand's population
  • 60% of population growth through to 2043 to happen in Auckland

The developers have agreed that they will be furnishing all remaining apartments at the Avenues (including the ONE bedrooms) for FREE and only require a 5 % deposit.

Full investment briefs are available. Contact us today to register your interest and and secure your unit.

Pricing was correct as of 31/07/2019 and may change.

PROPERTY DETAILS
  • Estate type:
  • Rental status:
  • Rental appraisal:1 bm $470.00 - $490.00 p/w (unfurnished)
    2 bm - $570.00 - $590.00 p/w (unfurnished)

    1 bm - $490 - $530 p/w (furnished)
    2 bm - $590 - $630 p/w (furnished)

    Appraisals are current as of 27/03/2019. Written rental appraisal available to potential purchasers
  • Floor area: From 50m2 (excl deck/patio)
  • Land area: 
  • Bedrooms: 1 & 2
  • Bathrooms: 1 & 2
  • Car parking: 1
  • Rates:
  • Body corporate fee: Approx $2,500 for 1br & $3,000 for 2br
AMENITIES

550m from bus stop and local schooling

3.2km to Southern Cross Campus

5.9km to Middlemore Hospital

5.1km to Auckland Airport

15.5km to Auckland CBD

LOCATION
  • From $525,000
  • Gross yield: Potential 4.8% - 5.2%
  • Rental appraisal: 1 bm $470.00 - $490.00 p/w (unfurnished) 2 bm - $570.00 - $590.00 p/w (unfurnished) 1 bm - $490 - $530 p/w (furnished) 2 bm - $590 - $630 p/w (furnished) Appraisals are current as of 27/03/2019.

  • Written rental appraisal available to potential purchasers
  • Annual rates:
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ABOUT THE AGENT

Kunal Mehta

Property Investment Specialist