Building Wealth Through Investment Property
Building an investment property enables investors to essentially acquire a new property at wholesale rates. By removing the middle man from the supply chain whether that be a professional property developer or a real estate agent, considerable savings can be made when building. This provides investors with instant equity that may later be used as leverage to build further investment properties. With the demand for housing in New Zealand projected to be strong in the next 10-20 years, and more and more people choosing to live in Auckland, investing in property makes lots of sense.
Why build an investment property instead of purchasing an existing house?
New rental properties typically deliver: