Making the decision to purchase property can appear daunting and often comes with many questions. At Safari, our sales specialists are knowledgeable and friendly people, who enjoy nothing more than taking the time necessary to help you understand the process, always without pressure. Whatever stage you are at with purchasing an apartment, talk to our friendly team today.
Stratum in Freehold or Unit Title Property.
10% of the purchase price is the deposit required for New Zealand residents. For non-residents, a 20% deposit is required (note – OIA rules apply). All deposits are safely held in a lawyers trust account, where they remain until settlement.
Yes, GST is included in the purchase price for Residential Apartments.
Prior to Settlement, Safari puts in place an independent, unbiased, professional Body Corporate Manager for your peace of mind.
The Body Corporate Manager is contracted to oversee many of the services of the body corporate, on behalf of the unit owners.
Q2 2023, however we will keep you updated of key milestones, so that you can stay informed of progress in realtime.
Yes. Certain pets are permitted, in accordance with the Body Corporate rules.
Yes – All units come fitted with a heat pump, to ensure you are cool in the summer and cozy in the winter.
Oven, cooktop, dishwasher. In addition to this, each unit includes a heat pump and is fitted with Curtains.
Additional appliances (Fridge, Washing Machine, Dryer & Microwave) can be purchased for an extra cost.
*note studios have a convection microwave in lieu of an oven.
You are purchasing a freehold unit title off the plans
Yes, the unit is leased to an approved francisee for LQ Ellerslie at Central Park under a commercial lease arrangement of 30 years based on 15 + 5 + 5 + 5
The individual gross rents per unit range from $15,000 – $22,000
An increase of 2% per annum(compounding), commencing on the anniversary of year 3 after the commencement date of the lease.
A 10% deposit for NZ residents and 20% for non-residents is required which can be in the form of cash or a bond. Deposit – this will be held in the vendors solicitor’s trust account until settlement of the development. All interest (less withholding tax and any bank and stakeholder handling charges) will be credited to you upon settlement.
No because there is a commercial lease in place the purchase is zero rated for GST. You do need to be GST registered prior to settlement.
A. Body Corporate Fees.
B. Auckland Council Rates
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