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New affordable housing in the spotlight
McConnell Property is always at the forefront of New Zealand’s property and construction market, building award winning homes throughout the country. Let’s explore some of the ins and outs of housing, and why new builds are worth considering for first time home buyers.
Business may be the key to social housing
Social housing has become a hot topic as of late. With the Salvation Army pulling out of plans to purchase unwanted state homes, the Government’s best shot at providing more social housing may lay with developers. Will commercial property developers likely consider this?
Timing is everything for new build resales
Buying off the plan houses are an attractive investment for first home buyers, especially our Takanini-based residential subdivision, Addison. But if your plan is to snap up a home then sell it on a few months later, here’s why it’s a good idea to hold on to property for at least six months.
First-home buyers beat deposit rule at Addison
Houses in McConnell Property’s Addison development in Auckland’s Papakura area are hot in demand, with three-bedroom homes going for as low as $519,000. These newly built homes are exempt from the 20% deposit most first home buyers have to face, with many buyers being able to secure a loan with a 10% or even 5% deposit.
Proactive approach drives success for Addison
McConnell Property’s award-winning Addison development in Auckland’s Takanini has become a popular haven for first home buyers, but the project wasn’t simply a walk in the park. We touched base with the development manager for the project to hear about some of the trials and triumphs that took place when building Addison.
Now’s the time to embrace new builds
With recent changes to Kiwisaver putting first home buyers in the front seat, and an increasing pipeline of affordable housing springing up around the country, now is the time to explore the benefits of a new home build.
Talk to our team about our projects if you are looking for a new home, or if you are a building group looking to engage in this active market with a proven residential developer like McConnell Property.