Housing NZ Investment Properties

Here's 7 reasons why owning an investment property leased to Housing NZ is one of the best investment decisions you could ever make:

√ guaranteed market rental income every week for 52 weeks of the year
√  tenant moves out and your property sits vacant - you still get paid the rent!
√  long term leases offered from 2 - 15 years, usually with rights of renewals of up to 5 years
√  property is managed by a property manager - you don't have to deal with tenant damage ever!
√  upon expiry of the lease - Housing NZ will reinstate the property to its original condition at their cost
    (less fair wear and tear)!
√  tenants damage the property - Housing NZ fix it at their cost not yours!
√  ability to sell your property at any time with the existing lease in place

Read how one satisfied customer was able to climb the property ladder by purchasing an investment property tenanted to Housing NZ:

"My wife and I purchased our very fisrt two investment properties 5 years ago, both tenanted to Housing NZ.  The banks were
not willing to lend us the money initially as we did not own our own home and were renting, but upon the banks realising that the properties were leased to Housing NZ they immediately agreed to lend us the money as they were aware that Housing NZ guarantees the rent 52 weeks of the year.

These investments proved to be very successful and profitable and we now own 5 investment properties in Manurewa 5 years
on which is a pretty good result.  It was easy to deal with the Housing NZ tenancy managers and I found them to be very helpful and courteous.  In fact after one tenant literally demolished the property and even stole the hot water cylinder, Housing NZ undertook the responsibility to repair the entire property at their expense and I ended up with a fully renovated home just like new which I then sold for a profit. 

Another cool advatage is that we didn't have to deal with bad tenants and all we had to do was deal with Housing NZ.  Why would one take the risk of getting only 40-45 weeks rent per year from dodgy tenants when you can get 52 weeks guaranteed rent from Housing NZ!"

Mr P Singh, Prabcash Holdings, Auckland