The government has confirmed that new builds and off-plan properties will be exempt from the upcoming tax changes for residential property investors. Therefore mortgage interest will likely continue to be deductible as a tax expense, and these properties will also be exempt from the extension of the bright-line test.
New build apartments and terrace homes also often have lower LVR requirements and potentially lower interest rates.
To read a full analysis of all these benefits CLICK HERE.
EDEN VIEW
UNDER CONSTRUCTION – completion expected Q3 2021
OIA TRANSITIONAL EXEMPTION APPLIES – Invest or live
These beautifully conceived apartments are created with daily luxury and comfort in mind, many with a views. With glass balconies to amplify the existing space beyond the confinements of the four walls, an owners courtyard, double glazing, elaborate kitchens with carefully engineered stone bench tops, glass splashbacks , quality Miele appliances and modern tiled bathrooms. Surrounded by great schools including Mt Eden Normal Primary, Epsom Girls Grammar, and Balmoral School. Eden View is conveniently located on Dominion Rd close to public transport, easy access to motorways and close to Mt Eden village and Eden Park.
| Studios | From $666,000 |
| 1 bed | From $735,000 |
| 2 bed 2 bath | From $980,000 |
| Dual Key | SOLD |
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