New build
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Development Website: https://springgrove.co.nz/
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.
Family sized home featuring four bedrooms, master with ensuite, open plan kitchen living and dining, family bathroom and internal access garaging. Well-appointed for the sun on a fully landscaped section, offering quality fixtures and fittings throughout.
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.
'Be fearful when others are greedy, and greedy when others are fearful" - Warren Buffett.
To download further documentation on this property, please copy and paste the following link into your browser: https://www.harcourts.co.nz/PLS5326#documents
Please be aware that this information has been supplied by the vendor and/or sourced from: Property Guru, Property Smarts, Land Information NZ, Local Councils, ECAN, CERA and other organisations. Additionally, the property may or may not comply with the Healthy Homes Standards. Harcourts Four Seasons Realty 2017 Ltd is merely passing over this information as supplied to us. We cannot guarantee its accuracy or reliability and recommend purchasers undertake their own due diligence regarding these items.