Enjoy risk-free profits from a New Zealand Government-backed, one hundred percent RENT GUARANTEED investment property in Auckland, Hamilton, Te kauwhata or Tauranga, fifty-two weeks a year, for up to fifteen years!
"That's 780 weeks worth of guaranteed rent!"
"It's not just the added peace of mind you'll get with a one hundred percent rent guaranteed investment property, it's also the thousands of dollars you'll SAVE during the inevitable vacancy periods!"
If you already own rental property without the security of a rental guarantee, you'll know how financially devastating it can be when your property is untenanted. And it won't always be your tenant's fault - after all, they're not going to stay forever!
More often than not, they'll give you sufficient notice of their intention to leave. But there's always a chance that one day one of them will 'up and leave' without giving you notice - leaving you with a hefty mortgage to pay and no rental income to pay it with!
Here's Why A Rental Guarantee Is Worth Its Weight In Gold
When you invest in property through Compass Property Investments, you always have the added protection of a long-term rental guarantee - either through our own Compass Private Lease or a Housing New Zealand Home Lease.
Guaranteed Rent via Housing New Zealand Home Lease
Home leasing is an option offered by Housing New Zealand. HNZ leases your investment property from you in return for a rental guarantee based on 100% of the applicable rent at the time, 52 weeks a year, for up to 15 years.
Naturally, your property needs to meet Housing New Zealand's rigid home lease criteria i.e. it needs to be in a high rent demand area, good location, close to schools, shops and public transport. Demand for housing in the immediate area is also important.
Unfortunately, should you try and approach HNZ directly, there's no guarantee they'll lease your property from you - even if you DO meet all their criteria.
Rental Guarantee - a Condition of Settlement
Luckily, when you purchase an investment property through Compass Property Investments, you never have to worry whether or not Housing New Zealand will lease it from you - it's a condition of settlement!
Housing New Zealand Home Lease term
The Housing New Zealand Lease term is usually for 10 years with a right of renewal for another 5. NB: Some Housing New Zealand leases are 5 year terms with a right of renewal for another 5. Rents are reviewed annually and set according to market rates.
Compass Private Lease
A Compass Private Lease applies to any property that falls outside Housing New Zealand's criteria, but still meets our own comprehensive standards as far as a rent guaranteed investment property is concerned. Typically, this type of lease involves a rent guarantee based on 90% of the floor rate, 52 weeks a year, for up to 10 years.
Compass Private Lease term
The Compass Private Lease period is for 5 years with a right of renewal for up to another 5 years on a year-by-year basis. Rents are reviewed annually and based on market rates. Property management is conducted by CPI Property Management.
Full Property Management Package
Regardless of whether Housing New Zealand or CPI Property Management is leasing your property from you, a full property management package applies.