You have the choice to buy the property for $320,000 or as an initiative to provide affordable housing for those who want a smaller mortgage if you prefer you can own 80% and the Department of Housing will own the balance (and no rent on their portion)
As an example the above purchase price of $256,000 represents an 80% share in this property that has a full value of $320,000. The Department of Housing will own the other 20% share, in equity.
Conditions apply – ask for a brochure to see if you qualify.
If you prefer we can sell you the full 100% for $320,000, and you can borrow from whatever financial institution you wish to deal with.
Located in Erskine, this property offers great value for customers interested in getting into home ownership.
The property offers:
- 3 bedrooms
- 2 bathrooms
- Double lock up garage
- Open plan meals and living area
Located within walking distance to the estuary and close to shops, schools and the sporting facilities of Halls Head.
Contact the exclusive agent Peter Vetten for more details.