Auckland on the road to success

February 11, 2014

Tips & Ideas

Auckland is a super city and it is the first of its kind in New Zealand.  The most obvious benefit of the super city is the single focus on necessary investment in infrastructure.

In the past there were too many chiefs and councils  and all needed to agree to get infrastructure projects off the starting line.  Now with the one council and one chief projects are getting the go-ahead and all regions of Auckland reap the rewards.

What this means to you and me as property owners and maybe property investors  is, we can have confidence that Auckland’s infrastructure will improve and that our investment will be attractive to future buyers or tenants.  It pays to know what is going on in the area you are investing in says Sean Wood – property investment mentor of PropertyTutors

This year alone Auckland Transport will invest more than $800 million into hard transport infrastructure projects, including flagship projects like Ameti – which had languished in the planning stages for years and is now being developed at accelerated pace. The electrification of the Auckland rail system is nearing completion and the first of 57 new world class, wonderfully modern electric trains has arrived in Auckland.

Source

Understanding the planned transport infrastructure projects in the areas you are looking to invest in property is worthwhile.

You may wish to secure investment properties near planned motorways or invest in areas where there is investment in the public transport.  Getting to know an area well is fundamental to property investors and the Auckland super city certainly provides more confidence now their focus is on the entire region of Auckland.

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