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Why Us

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  • About Us

INTRODUCING

Find your perfect home or investment opportunity in this exclusive boutique development tucked away in a peaceful Mangere street, just minutes from Auckland Airport, local shops, and the Southwestern Motorway. This unique collection of 17 brand-new townhouses is designed to offer flexibility, comfort, and future growth potential. Each townhouse boasts a smart “dual-key layout,” providing two self-contained living spaces—one upstairs, one downstairs. Each level features its own living and dining areas, bedroom, and bathroom, making these homes ideal for modern living. Whether you’re a first-time buyer looking for a home with additional income potential or an investor seeking high demand and solid returns, these properties have it all.
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17 Brand-New Townhouses

Modern and stylish living spaces.

Smart “Dual-Key Layout

Maximise rental income or create flexible living options.

Ideal for First-Time Buyers

Affordable entry into the property market.

Affordable entry into the property market.

Perfect for investors looking for strong returns.

Rental Guarantee

When a multi-unit development is completed, developers have found having one assigned letting agents for all properties is in the best interest of the owners. This makes the letting process more harmonious and avoids different agents and owners competing on price.

A single property management firm will be appointed to manage the initial letting process and the first 12 months of management. After 12 months, owners will be free to change management services. Owner occupiers and owners opting to run as a short-term let are not required to use the assigned property manager.

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SINGLE PROPERTY MANAGER - 12-Month Assigned PM

When a multi-unit development is completed, developers have found having one assigned letting agents for all properties is in the best interest of the owners. This makes the letting process more harmonious and avoids different agents and owners competing on price. A single property management firm will be appointed to manage the initial letting process and the first 12 months of management. After 12 months, owners will be free to change management services. Owner occupiers and owners opting to run as a short-term let are not required to use the assigned property manager.

INITIAL RENTAL GUARANTEE

The letting agent will begin advertising for tenants well in advance of completion; however, there is always a transition period during which some units will be tenanted first. In order to give owners confidence in the use of one letting agent, in particular during the letting process, the developer has provided a rental guarantee to owners for the first 12 months.

FINANCIAL PROJECTIONS FOR SAMPLE UNIT

Standard Tenancy

Appraised by:
START RIGHT

  • Price: $749,000
  • Rental Appraisal: $1,015 per week (52 weeks per year) : $52780
NO DEPOSIT
  • Net Cash Flow Year 1: $4,658
20% DEPOSIT
  • Net Cash Flow Year 1: $12,148
Assumptions
  • Interest-only mortgage rate: 5%
  • Rates: $2,500, Body Corporate: $2,950
  • Other costs to owner: $1,000 (internet)
  • Property management fees: 8% including GST : $ 4,222
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AirBNB
SHORT-TERM

Appraised by:
ZODIAK

  • Net revenue after fees from agency p/w: $1,300
Other costs to owner:
  • Power, water, misc items $500/mo
NO DEPOSIT
  • Net CF: $2,114
20% DEPOSIT
  • Net CF: $8,292
  • It is important to seek tax and structuring advice before implementing an AirBNB strategy.
  • Net CF is cashflow after all expenses, depreciation and a nominal 30% tax rate.
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Standard Rental Scenario

Dual-Key Property: $1,015pw rent Year 1: Purchase Price $749,00

Year 1:
  • Income: $52,780
  • Expenses: $48,122
  • Net cashflow after tax*: $4,658
Year 5:
  • Income: $58,262
  • Expenses: $51,224
  • Net cashflow: $5,092
  • 5yrs accumulated net CF: $18,519

Two-bedroom Townhouse $650pw Year 1: Purchase price $649, 000

Year 1:
  • Income: $33,800
  • Expenses: $40,604
  • Net cashflow after tax: -$6,804

AirBNB Rental Scenario

Dual-Key Property on Short-Term Let

Year 1:
  • Weekly net income: $1,300
  • Annual net income: $67,600
  • Expenses: $55,028
  • Net cashflow after: $8,110

2-bed Townhouse on Short-Term Let

Year 1:
  • Weekly net income: $800
  • Annual net income: $40,800
  • Expenses: $55,028
  • Net cashflow after: -$7,955
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