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Newsletter May 2019 - Queenstown apartment housing

New Ground Capital Limited (NGC) offers qualifying wholesale investors the opportunity to invest in Toru Apartments, a large-scale apartment development already under construction in Queenstown, one of the most highly-regarded four season resort towns in the Southern Hemisphere and renowned for stunning scenery, incredible activities and amazing culinary experiences.

This 236-apartment project in Remarkables Park is being developed in response to the overwhelming demand for affordable housing and good quality, well-located rental housing.

The development includes a mix of relatively affordable units for open market sale and apartments that will be retained by the development entity for leasing to employers and individual households.

NGC has pioneered the establishment of build-to-rent (multifamily) housing in New Zealand since 2014. Over the last four years NGC has initiated the development of over 490 homes in Auckland and Queenstown.

NGC’s property management arm, New Ground Living, offers a radically different rental proposition in the NZ market, offering purpose-built rental houses that are modern and healthy to live in, on lease terms of between 3 and 7 years, providing all important security of tenure.

Click here to find out more about this attractive investment proposition.


Ross Verry

Ross Verry is CEO of Syndex and a shareholder. The views expressed above are purely his own. Please assess and research all your investment.