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2 & 3 Bedroom Homes

Alfriston Rd, Manurewa East

2 & 3 bedroom terrace and standalone homes are now available using the Co-Ownership initiative.

Co-ownership makes homeownership possible with just 5% deposit.

2 & 3 Bedroom Terrace / Standalone Houses

FROM $599,000 – $759,000

These homes are designed with an emphasis on functional style, built with modern contemporary finishing and quality construction, including insulation and double glazing for your comfort.

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• Architecturally designed duplex and stand-alone homes
• 10 year Master Builder Warranty
• Schools: Manurewa East Primary, Randwick Park Primary, Alfriston College
• 10-minute drive to Manukau Westfield Shopping Centre
• Ideal for first home buyers
• Some units eligible for KiwiSaver HomeStart Grant
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These homes are 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 then topped up by an investment by YouOwn, to enable you to purchase the property.

With YouOwn, you can be paying the mortgage on your own home for close to the amount you’re paying in rent.

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

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How It Could Work As A YouOwn Home:

For Sale Price – $599,000 – $759,000

  • First Home Buyer’s Savings / KiwiSaver / HomeStart Grant: $29,950 – $37,950
  • First Home Buyer’s Mortgage: $503,200 – $607,200
  • Weekly Mortgage Repayments: $470 – $621
  • Weekly Cost For YouOwn Investment: $86 – $109
  • Total Co-Ownership Weekly Cost: $556 – $730

Criteria For Co-Ownership Housing:

  • Combined household income of $110,000+
  • 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 $15,000)
  • 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.

Apply now to get the ball rolling...

If you’re interested in using YouOwn to purchase one of these houses, please ensure you meet the criteria above and complete the form below:

Want to know more? Get in touch here.

 UPDATE FROM YOUOWN

“YouOwn has been overwhelmed with demand and has helped more than 35 Kiwis into their own homes.  While we raise more funds to help more Kiwis into home ownership we are temporarily suspending applications.  Please bear with us and we hope to be open soon”