Shared Ownership Opportunity!
- Pay 90% of the list price
- Own 100% of strata title
- No interest payments
- Repay the 10% upon resale of the property
- Safe and secure - Mandurah's finest retirement village
- Lakelands Shopping Centre boasting Coles, Kmart, Aldi and over 30 specialty stores
- Two natural lakes and the beach nearby
- Limited time offer - only two available!
For a limited time only, Lattitude is offering the first two buyers of our popular Dalkeith and Airlie house designs, the opportunity to 'buy-in' at 10% less than the listing price.
We do this by sharing the cost. You pay only 90% of the listing price and we retain a 10% interest in the property until you decide to sell it again in the future.
Sounds good? It is.
For example, if the listed price of an Airlie home design is $379,000 you would only pay $349,000* (90%) to move in now.
Here's how it works
- The listing price is $379,000;
- You pay only $341,000* (or 90%) at settlement with no more to pay until you decide to sell your home;
- As you will own the home, Stamp Duty is payable by you on the full price, but we will reimburse you the difference at settlement - so effectively you'll only pay 90%;
- You enter into an Agreement to repay Secure Living 10% of the resale price of the property when you sell in the future;
- You have the option of repaying the 10% at any time based on a current valuation;
- Absolutely no interest is payable by you on Secure Living's 10%;
- You own the title to the property 100%;
- On settlement of the resale of your home, we receive 10% of the resale price;
- Exit fees payable by you under the Lifestyle Agreement when you leave are calculated based on your 90% share only.
- That's it!
But hurry - only two houses available!
*Promotion cannot be used in conjunction with other offers. Offer valid until 31st January 2019.