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We had a fairly substantial amount of Bartercard Trade Dollars to spend and wanted to use most of them in the property market, after some consideration we decided to purchase a property that would provide income - not just long-term capital gain.

- Nikki Barrett
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Whangamata - Marine Reserved Apartment - 1/4 Share Available


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RegionCoromandel
Property TypeResidential
Asking Price $110,000
Trade Dollars $44,000
Cash Dollars $66,000
Price Notes40% Trade
VendorDiane McWhirter
04 568 8624 or 027 445 3310
diane.dimac@xtra.co.nz
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Enjoy one of New Zealand's top holiday spots


Marine Reserved Apartments are located within easy walking distance of Whangamata Beach, the estuary and the village.
 
Each apartment at 'Marine Reserved' is owned under a Property Share Agreement with each 1/4 share having its own title.
There is also a full-time on-site manager, who overseas the rental pool, cleaning, interior and exterior maintenance, and security.
 
With a 1/4 share you have the benefits of ownership, with only a 1/4 of the capital outlay, and a 1/4 of the maintenance and over-heads costs, while you still get to enjoy your "bach by the beach" one week per month, including the weekend.
 
Owning a share of a Marine Reserved apartment is a great way to guarantee your holiday accommodation on the Coromandel for the foreseeable future, as well as potentially being an excellent long-term investment.
 
  • With sea view and only 100 metres from the main beach
  • Fully-furnished
  • Three storey, three bedroom, two bathroom, internal two car garage
  • Full-time management 24/7
  • When you're not using your apartment offer it to family and friends, reward your employees OR leave it in the rental pool and use the income to off-set your ownership costs
Note: 
The photos were supplied by the original developer, and therefore are representative of the apartment only
 

For more information please contact Diane on 027 445 3310.

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Cameron Owen

09 414 6837