Affordable Home Ownership
Two-bedroom company share unit in a block of four, great street close to town, this is a fantastic opportunity if you can't afford the high prices that you have to pay these days.
Company share units are ownership through owning shares in the property and having a licence to occupy your individual unit. Just like normal property ownership, you actually own an asset but there are conditions that apply for occupation such as higher deposit for bank finance (30-50%), inability to rent, and approval of neighbours for licence to occupy - mostly company share units are owned and occupied by senior citizens.
The upside of company share units are that they are often much cheaper than buying a free hold or cross lease property and provide a great alternative for buyers who can't get into the current market because prices are so high, great for homeowners who have cashed up on their family home or where people have been looking for more affordable options for their elderly parents.
Call Tony Today for a personal viewing or visit us at the open home on Sunday. Deadline sale closing 1.00pm, Thursday 10 September 2020 at our office, 31 Main Street, Upper Hutt (Will not be sold prior). Please note Kiwisaver and Homestart loans are not normally available on company share units.