YouOwn kicks off 2019 with this 3-bedroom townhouse now available under their shared ownership initiative

okawa-estate

$675,000 | 3-BED | 119M² | 1 BATHROOM | DOUBLE OFF STREET PARKING

Brand New 3 double bedroom Terraced home now available to move in immediately.
Modern well-designed kitchen, open plan living, separate toilet and laundry room downstairs.
Family bathroom upstairs. Private courtyard with all the landscaping completed. Double off-street parking.

Don’t miss this opportunity for home ownership, close to shops, schools and daycare.

Location: 3 Fermi Lane, Papakura

This Home Is Now Available Through The YouOwn Co-Ownership Initiative

YouOwn is a shared equity solution to help first home buyers own their own home.

In basic terms it is a way of lowering the deposit required for a home to 5% of a property’s value.  Your deposit is topped up by an investment by YouOwn to enable you to purchase the property.

TO LEARN MORE ABOUT YOUOWN AND HOW IT CAN HELP YOU BUY YOUR FIRST HOME, VISIT HERE

How It Could Work As A YouOwn Home:

  • First Home Buyer’s Savings / KiwiSaver / HomeStart Grant: $33,750
  • First Home Buyer’s Mortgage: $472,500
  • Weekly Cost For YouOwn Investment: $155

Criteria For Co-Ownership Housing:

  • Combined household income of $100,000+
  • Deposit from savings and/or KiwiSaver of at least 5% of the purchase price.
  • Be a New Zealand Citizen or Permanent Resident.
  • Have a clean credit history.
  • Little or no debt (less than $5,000)
  • Comfortable with repayments on a mortgage of $500,000 or greater (we can help you determine if you are able to should you decide to proceed with the opportunity).
  • Be buying the property to live in.

If you’re interested in using YouOwn to purchase this house, please ensure you meet the criteria above and complete the form below:


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