Business Central July 2021

82 | PROPERTY Assured Property Investments “Our buyers are not fat cats, they are responsible people who want invest in one or two properties to make sure they can look after themselves in retirement.” Providing low-risk rental investments T Karen Phelps The 150 Te Rapa Road development will deliver six four-bedroom, four-bathroom duplex units and six two-bedroom, two-bathroom townhouses. A ssured Property aims to build tangible, income producing assets, helping everyday Kiwis to get ahead. At the same time it builds good quality, affordable rental accommodation. Company director John Kenel says it’s got to be a win- win for the landlord and tenant. “We build the right property in the right lo- cation to provide the accommodation people want and need,” he says. John bought his first rental property in 1997 and started Assured Property in 2004 based on one simple belief – investing in property should be easy and accessible to everyday New Zealanders. Assured Property has a unique offering: designing and building properties with both the investor and tenant in mind creating multi-tenanted residential buildings in high-demand Waikato locations. With a proven knowledge of what works best, John says that Assured Property has fine- tuned its model right down to establishing each investment with furniture, landscaping and fittings that are perfect for the specific needs of the rental industry. He says the result is a low-risk, reliable, tangible asset that provides yield as well as long-term growth. Assured Property has built around 1000 rental property investments. Most clients are first time investors. Assured Property focuses on the Hamilton market due to its strong underlying funda- mentals. “It is New Zaland’s fourth largest city and the third fastest growing city after Auckland and Pukekohe. The city is predicted to grow to 175,000 by 2022. The Hamilton property market is very busy with first home buyers and investors buying good quality property in the city,” explains John. He says that Assured Property keeps a close eye on economic trends and indicators for the Waikato, allowing the company to identify new-growth areas and adapt to the market changes providing a better investment for the Assured Property buyers. A recent project is a good example. 150 Te Rapa Road will deliver six four-bedroom, four-bathroom duplex units and six two-bed- room, two-bathroom townhouses. It’s a rent by the room model that John says has proven success. John says as the development is located at the entranceway to Hamilton, special care was taken to ensure it made a statement to all those that arrive in the city. He worked closely with Hamilton City Coun- cil’s Urban Design Panel to produce a show- piece for the city and create a great example of what medium density housing can achieve. Each home is purpose built for rent with solid, long lasting, low maintenance materials. The spacious rooms come fully furnished and include an ensuite bathroom, Bosch kitch- en appliances, security cameras, CCTV and lighting in public areas and Yale digital front door handles with electronic keypad. Like most Assured Property developments, it sold out before construction commenced to its database of investors. John has purposely chosen to not develop greenfield sites. He believes instead in focus- ing on intensifying cities to result in central living and a vibrant atmosphere. “I get a real kick out of knowing I’m helping hard-working Kiwi mums and dads get into a better financial position. Our buyers are not fat cats, they are responsible people who want invest in one or two properties to make sure they can look after themselves in retirement. We will continue to deliver consistent results for buyers allowing them to invest and enjoy financial freedom.” We are proud to work in partnership with Assured Property Investments on diverse building projects We understand clients desires and engineer value into building projects. kodiak.co.nz | 021 206 3975 Proud Supplier for Assured Property Investments