Southern Homes : June 21st 2012
Southern Homes Thursday, June 21, 2012 19 rwmanukau.co.nz Immaculately presented 3 bedroom home on a fully fenced corner section in this sought after and handy location. Minutes to motorways, Mangere Bridge or Mangere Town Centre. Solid 1960's construction weatherboard and tile, 3 double bedrooms, separate dining and an elevated view over the park from the deck. With low interest rates and prices there has never been a better time to buy. Take this opportunity and get on the property ladder. Phone us for more details. New Listing Mangere 18 McKinstry Avenue 3A1F1I For Sale $355,000 View Sunday 1.00pm - 1.30pm rwmanukau.co.nz/MKU20470 Adam Thomson 021 749 726 (09) 215 2538 firstname.lastname@example.org William Vaea 0211 833 433 email@example.com LICENSED (REAA 2008) This super sized beauty has been designed to cater for a large family with four generous double bedrooms, a study, two full bathrooms, including ensuite, walk-in wardrobe and spa bath. Extra large living areas perfect for entertaining with plenty of windows providing loads of light and awesome views. As a bonus this includes a granny flat with a generous double bedroom, full bathroom and a spacious open plan lounge/dining and kitchen that captures the morning sunlight. Situated on a full freehold section, fenced in and private with peaceful rural views, this family home is a must to view. Some areas need work, what an opportunity to add value. New Listing Totara Heights 26 The Enclave 4A1D4E2F4K Auction 3.00pm, Thursday 19th July On Site View Sat / Sun 12pm - 1pm rwmanukau.co.nz/MKU20472 Gena Adam 0272 781 400 (09) 262 2250 firstname.lastname@example.org LICENSED (REAA 2008) Top One Real Estate Limited Licensed (REAA 2008) www.donha.co.nz PAPATOETOE $499,000 Home and Income - Investment opportunity Close to schools and easy access to public transport 3 bedroom hardiplank house with carport Recently refurbished with new kitchen New carpet Plus 2 bedroom minor household unit With double garage Both currently rented Viewing by appointment only. Call me now to arrange a view time. Ravi Singh DDI (09) 215 0558 Mobile 021 744 843 email@example.com OPAHEKE ROAD $659,000 Buy1orBuyAll Great investment opportunity here. Blockof3 with2x1bedroomunitsand1 x 2 bedroom unit. All three are on separate titles, with own driveway and private back yard. Unit 1 offers a single lock up garage and all 3 units have plenty of off street parking. Currently rented. Viewing by appointment only Ravi Singh DDI (09) 215 0558 Mobile 021 744 843 firstname.lastname@example.org CENTRAL MANUREWA $369,000 Walking distance to Manurewa Town Centre & Great South Rd Ideal family home. Well presented 3 bedroom weatherboard home Large 696m2 (more or less) section Large garage with additional space for workshop Separate Lounge and dining Spacious bedrooms Handy to schools, child care centres and all other amenities Call me now - viewing by appointment Ravi Singh DDI (09) 215 0558 Mobile 021 744 843 email@example.com The song remains the same By ALLISTAR WALKER The heady days of the real estate boom are behind us. We currently have a vibrant Auckland market but this not matched so well by the mar- ket elsewhere in New Zea- land. Some potential property investors have been put off property investment as a vehicle to retirement by press releases particularly from the Labour and Green parties. It often seems that people forget the very basis of our free society is supply and demand. That is, if there is a demand for rental accommo- dation, property investors are needed to supply that. The alternative is the gov- ernment effectively becoming landlords by buying houses and renting them. In an econ- omic environment where there is no money in the gov- ernment coffers, this is simply not viable. Also that activity in itself could tend to distort the mar- ket. Accordingly it makes sense that the private sector takes the major share of bur- den in providing rental accommodation. Should there be too many investors with too much property, lack of tenants will force them to sell and thus the market regu- lates itself, as it is supposed to do. So why would a govern- ment seek to penalise prop- erty investors? Currently they don't and the result is there are still worthwhile tax breaks in owning property. Also depending on an adv- isors point of view, it can be hard to argue against the cer- tainty of property investment and, more importantly, the certainty of an inflation indexed rental income. Shares may not always pro- vide this certainty, unless handled by skilful managers. While property investment is lumpy and harder to spread over many types of property as you would a share portfolio or managed fund, the truth is that no more land is being made, more people are being made and more property will always be needed to house them on less available land. Unless there is war or fam- ine it is hard to see that prop- erty prices won't at least keep pace with inflation and dur- ing boom periods outperform inflation. Once the properties are paid off the rental income continues to grow in line with inflation thus protecting the spending power of your retirement income and still retaining and protecting the capital. The cost of living, govern- ment provided pensions and future affordability of services are things that are difficult to predict or project with any meaning. However, rental income will reflect these factors posi- tively, provided property bought for investment purposes are purchased in good areas going forward, paid for at the right price and have the necessary potential. Get it wrong and you could be one of those who are not able to master bad times, but get it right and the results can be fantastically rewarding -- once a good buy always a good buy. We have many stories of people who have invested successfully and prudently and are willing to share these with readers on application. Property investment is not for everyone and is not the only way to invest for retire- ment or financial indepen- dence. There are pitfalls and the investor should be wary of the glitz and smoke at some seminars (remember Blue Chip) and sit down with a qualified adviser to discuss the pros and cons and whether it is right for you. Once you decide your course, it is then a matter of setting the strategy with the view to where do you want to be in five years, 10 years or 30 years from now? Check out www.sorted. org.nz for all sorts of financial information. Experienced in business lending and risk (insurance) advice, Allistar Walker is a Registered Financial Adviser and Senior Fellow of Financial Services Institute of Austra- lasia. His full disclosure is available at www.mortgage help.co.nz or he can be contacted at 410 6023 and firstname.lastname@example.org.
June 14th 2012
June 28th 2012