8.1% Net Return On Asking

With the banks struggling to stay competitive with inflation and current high yielding savings accounts offering 5% or less per annum, your money is simply not being put to work for you the way it could be in traditional investment vehicles.

This unit returns over 8% on asking price after outgoings when factoring in the current market rent. This works out as an additional 40% more on return on your investment each year! And the good news doesn't stop there. Once the inflation genie has been put back in its bottle, you can expect a proven capital gain of 20% in the coming years.

Harvard is a no-brainer purchase right now. It's a staple in the portfolio of any Auckland property investor, with 2 bedrooms that maximize rent capitalisation and a smaller footprint that makes it an attractive price. On top of that we have seen the equivalent of 4.5 years of annual rent price inflation in the first 5 months of this year. Apartments are literally renting for >20% more now than Nov/Dec last year.

It's literally a countdown until prices realign to reflect this rental demand disparity but until then, these rental rockets are like gold dust.