House sizes vary from builder to builder so you need to check with them at their show homes as to what they have available.
Most Colab Series homes are three bedroom stand-alone homes.
At present the price cap is $650,000 for a 3 bedroom home
You will need to check this direct with the builders that are delivering Colab Series homes at Lakeside.
To be eligible to purchase a Colab Series home, you must:
Yes. If you are an Australian citizen residing in (and a tax resident of) New Zealand then you are eligible.
No. To purchase a Colab Series home, you must reside in (and be a tax resident of) New Zealand.
Sometimes buyers will encounter unexpected changes in circumstances which may mean they have to sell within the two year minimum ownership period. Kāinga Ora understands this. Should there be an unforeseen change in the buyer’s circumstances which means they are no longer able to live in the Colab Series home, the buyer should discuss this by email with Kāinga Ora at firstname.lastname@example.org. If Kāinga Ora considers that the change in circumstances is not a deliberate breach then Kāinga Ora may, at its discretion, give its consent to an earlier sale or other alternative arrangement. By way of example and without limitation, scenarios in which a waiver of the two year ownership requirement may include redundancy, the need to move regions for employment and an unexpected need to accommodate additional family members.
Yes. There is no restriction on you purchasing another property once you have bought a Colab Series home. However, you will need to retain ownership of and live in the Colab Series home for the minimum ownership period.
Colab Series is intended to run for the life of the project, approx. 8 years, and will make up around 20% of the total homes built. You can sign up online to receive information on the latest Colab releases.
Kāinga Ora is intending to deliver some form of affordable homes in all the projects it is involved with across the Auckland region.
Check out www.northcotedevelopment.co.nz, www.mangeredevelopment.co.nz, www.orangadevelopment.co.nz www.roskilldevelopment.co.nz to register your interest on the website and keep up to date with the latest information on the each development.