Full Description

Incorporated into a landmark heritage building on a vibrant, urban street corner, will be 31 brand new apartments designed to compliment the character and integrity of this unique building and create something a little different from most contemporary inner city apartment blocks... something with soul.

The new structure, which will honour the character and integrity of the historic Il Casino building, is articulated into three, vertical buildings - the old Il Casino building forming the base of two of the buildings - with each of the three being subtly different; distinct in its own right, yet similar enough to read as one cohesive building.
 
The design reveals the inherent structure of the building and the integrity of the original materials. You will find exposed concrete finishes, a mixture of old and new, things left comparatively raw; solid concrete walls and floor, timber posts, a rich combination of machined and something gruntier.

Most apartments come with large chef kitchens, floor to ceiling windows, heated bathroom floors, weather-proof outdoor terraces with natural timber decks and lanai's, tiled bathrooms and a state-of-the-art, fully automated car stacking system. 

Below valuation - pre release price!  In order to move this development into construction phase the developer is heavily discounting many of these luxurious apartments.

Price Range:
$360,000 - $1,500,000NZD
(£145,000 - £603,000 or $312,000 - $1,300,000AUD €186,000 - €776,000 or $292,000 - $1,217,000USD)

Weekly Rentals:
$350 - $800

Key Features:

• Designed using the highest quality materials
• 1 - 3 bedroom apartments available
• Some upper level apartments will have water views
• Quality appliances including fridge, dishwasher, oven, waste disposal
• Granite bench tops
• Washing machine and dryer
• Reverse cycle ceiling mounted air conditioner to living/dining area.
• Under floor heating to bathrooms and ensuite
• Three different colour schemes available
• 100 % wool carpet to living/dining and bedroom spaces
• Balcony heaters with sliding and stacking glass screens to enclose balconies
• Video capable security entry
• Wireless remote control access to car park entry door

Point of Difference:

Located in the heart of Wellington City, Il Casino will attract the executive style of tenant and with Wellington having the highest medium income in NZ you will achieve top dollar in rental returns.

You have the ability to secure an apartment now with only a 10% deposit and no more to pay until completion in 2010. This strategy lets you take ownership in a growth asset with minimal cash outlay, securing the upside and pre-construction price.

Why invest in Wellington & New Zealand?  

• New Zealand's capital city with beautiful harbour and city beaches 
• Strong population growth 
• Booming tourism industry 
• Fantastic nightlife and attractions 
• Ranked as 12th best city in the world in the "2007 Worldwide Quality of Life Survey" 
• Low vacancy rates 
• No stamp duty or land tax 
• No inheritance tax 
• No capital gains tax in New Zealand 
• No restrictions on transferring money to and from New Zealand

As the capital of New Zealand, Wellington is widely regarded as the most beautiful city in New Zealand. The harbour really sets Wellington alight and the rich vibrant society is renowned for its café lifestyle. Many professionals live in Wellington during the working week then return to their families in the weekend.....

Deposit Bond Investing!
By using a Deposit Bond instead of cash, there is no need for you to withdraw the cash required from other investments or out of equity in other property assets to secure an off plan property purchase.

Rather than paying the deposit amount required in cash, you only pay a small premium for the Deposit Bond, which the seller or developer accepts in lieu of cash.

When you use a Deposit Bond you satisfy the vendor's deposit requirements by the issue of what is essentially a deposit guarantee.

Deposit Bonds can be issued from 3 months to as long as 3 years, which means you can keep your money working for you right up until closing, when you will be required to pay the property's full purchase price....