POA
Property Details

POA
Description

Own a Slice of Oamaru. Earn While You Do!

forsale -

To download the property files, copy and paste the following link in your browser: https://www.propertyfiles.co.nz/property/JoyStreetOamaru Minimum 6% RETURN OFFER – FIRST 5 SALES Price guide: Apartments range from $440,000 to $540,000. Fully furnished, turnkey serviced apartments designed for hands off investment and passive income. For the first five apartments, the developer is offering a minimum 6% guaranteed return for three years. If the return falls below 6%, it will be topped up, and if it performs above, you keep the additional return. The development is scheduled to begin operating from 1 June, with completion expected prior. On offer is a limited release of 40 premium serviced apartments within Goodland Heights, a master planned 10 hectare community in Oamaru, delivering a fully managed, income generating investment. Joy40 has been designed for those who value performance over participation. The serviced accommodation model is professionally managed end to end, offering a hands off investment with income generated through both short and long stay demand. Rather than a traditional residential offering, this is about securing a cashflow driven property in a growing regional market, supported by Oamaru's increasing tourism, strong cultural identity, and consistent visitor demand. The apartments combine efficient design with a professionally managed structure, ensuring a low maintenance ownership experience with a focus on return. This opportunity will appeal to: – Investors seeking passive income through property – Buyers wanting exposure to the accommodation sector – Those looking to diversify beyond traditional residential rentals – Out of town buyers targeting stronger yields in regional markets Oamaru continues to attract domestic and international visitors, known for its heritage precinct, coastal setting, and vibrant arts scene, all of which contribute to ongoing occupancy and income potential. Fully managed. Income generating. Strategically positioned. This is property investment, simplified. Please be aware that information may have been sourced from REINZ, Property Smarts, Land Information New Zealand, the relevant local authority, and CERA and we have not been able to verify the accuracy of the same. Added 30 April, 2026 Property ID: #L40556400

To download the property files, copy and paste the following link in your browser: https://www.propertyfiles.co.nz/property/JoyStreetOamaru Minimum 6% RETURN OFFER – FIRST 5 SALES Price guide: Apartments range from $440,000 to $540,000. Fully furnished, turnkey serviced apartments designed for hands off investment and passive income. For the first five apartments, the developer is offering a minimum 6% guaranteed return for three years. If the return falls below 6%, it will be topped up, and if it performs above, you keep the additional return. The development is scheduled to begin operating from 1 June, with completion expected prior. On offer is a limited release of 40 premium serviced apartments within Goodland Heights, a master planned 10 hectare community in Oamaru, delivering a fully managed, income generating investment. Joy40 has been designed for those who value performance over participation. The serviced accommodation model is professionally managed end to end, offering a hands off investment with income generated through both short and long stay demand. Rather than a traditional residential offering, this is about securing a cashflow driven property in a growing regional market, supported by Oamaru's increasing tourism, strong cultural identity, and consistent visitor demand. The apartments combine efficient design with a professionally managed structure, ensuring a low maintenance ownership experience with a focus on return. This opportunity will appeal to: – Investors seeking passive income through property – Buyers wanting exposure to the accommodation sector – Those looking to diversify beyond traditional residential rentals – Out of town buyers targeting stronger yields in regional markets Oamaru continues to attract domestic and international visitors, known for its heritage precinct, coastal setting, and vibrant arts scene, all of which contribute to ongoing occupancy and income potential. Fully managed. Income generating. Strategically positioned. This is property investment, simplified. Please be aware that information may have been sourced from REINZ, Property Smarts, Land Information New Zealand, the relevant local authority, and CERA and we have not been able to verify the accuracy of the same. Added 30 April, 2026 Property ID: #L40556400

Need a different time? Contact Agent Request Live Stream Inspection Request Stream Request inspection Apply for property –> Office Harcourts Papanui Licensed under REAA 2008

If you like what you see, but know you’ll need to sell before buying, why not find out what you could be sitting on today with an instant Digital Property Appraisal, highlighting the market value including

Property Features
  • forsale
  • 1 bed
  • 1 bath

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