Guaranteed Rental Income For Up To 15 Years

Invest in rent guaranteed New Zealand property through Compass Property International and enjoy the added security and peace of mind that long-term guaranteed rental income can bring. Even more assuring is the fact that you get to choose which type of rental guarantee best suits your wealth creation strategy, and then simply choose a property with that guarantee.

If you opt for a Housing New Zealand Home Lease option, your rent will be guaranteed by the New Zealand Government for up to 15 years. Should you prefer greater flexibility with your property investment, you can select a Compass Private Lease and still have the benefit of secure guaranteed rental income for up to 10 years. Either way, your chosen rental guarantee will be a “condition of settlement” and will be in place on or before the day you take up ownership.
 

NZ Government Guaranteed Rent

Housing New Zealand is the NZ Government’s main advisor on housing and housing-related services. At Compass Property International, we have an established professional working relationship with Housing New Zealand. Since 1999, we’ve been utilising HNZ’s full property management services and guaranteed rent options to cater for the property management requirements of more than seventy-percent of our clients.
 

Rental Guarantee Terms And Conditions

Housing New Zealand will, under the terms of its lease, typically guarantee your rent for 10 years and include a right of renewal for a further 5 years. In some cases, the rental guarantee or lease period may only be for 5 years - but still include a 5-year right of renewal.

Rent payments are monthly in arrears, with guaranteed rental income for 52 weeks a year – even if the property is vacant. An 8% - 10% property management fee is deducted from the gross rent.

If you sell the property during the lease period, the lease will continue with the new owners under the same terms and conditions until expiration.
 

Guaranteed Rent At Market Rates

The market rent of the property is assessed by an independent valuer. The rent is reviewed on an annual basis and adjusted in line with market rent movements. You receive
 

Compass Private Lease

A Compass Private Lease applies to any residential investment property selected in accordance with Compass Property International’s rigorous investment criteria, but located in developments and areas where Housing New Zealand has no presence. This type of lease offers guaranteed rental income based on 90% of the floor rate, 52 weeks a year, for 5 years. A right of renewal for a further 5 years – reviewed on a year by year basis – may then apply. A 10% property management fee also applies.

Click here for more information on our guaranteed rental income opportunities