Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

The new way to own


__________________________

Date: 13th November 2007

FOR IMMEDIATE RELEASE

The new way to own

The Quarters is an innovative property marketing company based
in Auckland that is at the forefront of the new concept of fractional ownership of freehold property in New Zealand. The Quarters will be the first marketing company in New Zealand to specialise in packaging up fractional property packages and offering The Quarters experience. The company will be offering quarter share titles in some of the best holiday destinations around NZ. The company is being officially opened for business on the 15th November 2007 and will be celebrated on the Waitamata Harbour.

The tradition of owning a “Kiwi Bach” is now unfortunately out of the reach of most New Zealanders given the significant increase in price of coastal and lakeside property. The Quarters is providing a unique solution to this by offering the chance to own a quarter share in the freehold of desirable holiday properties. For an affordable sum you can obtain your own quarter share freehold title in a unit situated in Queenstown (4 sites), Turangi, Whitianga, Raglan, Ruakaka and Doubtless Bay. Some of these come with extras such as furniture packages, boats and accessories.

So, what do you get for a quarter share? One week every month totalling 13 weeks a year, forever. Statistically people spend an average of 10 – 17 days in a holiday property per annum. By being a quarter share title owner you are entitled to 91 days a year in a majority of the properties offered. Should you decide not to use your week in any given month of the year, your property may be rented out via The Quarters Property Management system and derive income.

ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Mycoplasma Bovis: More Properties Positive

One of the latest infected properties is in the Hastings district, the other three are within a farming enterprise in Winton. The suspect property is near Ashburton. More>>

ALSO:

Manawatū Gorge Alternative: More Work Needed To Choose Route

“We are currently working closely and in partnership with local councils and other stakeholders to make the right long-term decision. It’s vital we have strong support on the new route as it will represent a very significant long-term investment and it will need to serve the region and the country for decades to come.” More>>

ALSO:

RBNZ: Super Fund Chief To Be New Reserve Bank Governor

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says. More>>

ALSO:

ScoopPro: Helping PR Professionals Get More Out Of Scoop

Scoop.co.nz has been a fixture of New Zealand’s news and Public Relations infrastructure for over 18 years. However, without the financial assistance of those using Scoop in a professional context in key sectors such as Public Relations and media, Scoop will not be able to continue this service... More>>

Insurance: 2017 Worst Year On Record For Weather-Related Losses

The Insurance Council of New Zealand (ICNZ) announced today that 2017 has been the most expensive year on record for weather-related losses, with a total insured-losses value of more than $242 million. More>>

ALSO: