New build
Completion due March '25! One of only a few available in this popular subdivision.
With current rules and regulations making investments tougher in the existing property world, new builds offer a great alternative. Oakridge Homes offers fantastic properties in a variety of locations throughout Canterbury at an extremely competitive price point.
Why buy a new build as an investment?
- 20% deposit required, but only 10% on purchase.
- Exemption from interest deductibility changes for 20 years from new.
- Bright line test of only 5 years as opposed to 10.
- Often lower interest rates.
- Lower maintenance.
- A great hands-off option.
- Long term investment.
New builds are not just limited to investors however and are an excellent option for first home buyers, upsizers, downsizers and all other types of buyers.
- First home buyers can often acquire a new build with a 10-20% deposit.
- Some banks will offer a larger cash contribution.
- Potential long term capital gains
- Lower maintenance = lower ongoing costs
- Fixed price = no haggling, deadline sales, auctions, and competition.
To exclusively secure this property or another like it all contracts come with a standard 10 working day due diligence clause where you can complete all the necessary homework before committing to the purchase. Get in touch today and you'll be grateful that you did.
To download further documentation on this property, please copy and paste the following link into your browser: https://www.harcourts.co.nz/PLS5526#documents
Please be aware that this information has been supplied by the vendor and/or sourced from: Property Guru, Property Smarts, LINZ, Local Councils, ECAN, CERA and other organisations. Harcourts Four Seasons Realty 2017 Ltd is passing over this information. Therefore, we cannot guarantee its accuracy or reliability and recommend purchasers undertake their own due diligence.
