Sold Property

Lot 89 Westwood, Faringdon, Rolleston, Canterbury 7614

  • 496
  • 156 m2
  • 4
  • 2
  • 2

Under offer - More available!

Construction due to start in April with an estimated 6 month build time.

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.

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. Property ID: #PLS5682

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Sold Date

  • 26 February, 2024

Property features

  • Property Type: House
  • Tenure: Freehold

Office

Harcourts The Palms

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 496
  • 156 m2
  • 4
  • 2
  • 2

Sold Property

Lot 89 Westwood, Faringdon, Rolleston, Canterbury 7614

Under offer - More available!

Construction due to start in April with an estimated 6 month build time.

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.

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. Property ID: #PLS5682

Property Features

  • Property Type: House
  • Tenure: Freehold

Sold Date

  • 26 February, 2024

Joe Laing Harcourts The Palms

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Harcourts The Palms

Office Harcourts The Palms Licensed under REAA 2008

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