We are considering purchasing an Apartment for our daugher in the Auckland CBD close to the University (2-3 bedrooms). There are pro's and cons to this obviously. But we'd like to know opinions and any experience had in this regard. We sort of hope that we be able to sell it after our daughters have finished University (4-5 years) and we would atleast be able to get our money back. Our daughter currently pays around $200/w and a second will join her sister within two years. Much appears to depend on property price trends which appear to be flat or trending downwards at the moment. So we are no sure that our expectations are realistic. Experience and comment appreciated.
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