|
Freehold fee simple in stratum title to each 1/4 share.
Fabulous two and three bedroom freehold apartments, located within easy walking distance of Whangamata's attractions.
Each apartment at Marine Reserved can be owned under a Property Share Agreement with each quarter-share having its own title. Alternatively, the owners can form a company. The cost of a quarter-share, from $155,000, makes this property affordable for many New Zealand families. You may purchase more than one quarter-share if you wish.
A quarter-share entitles you to use your apartment for one week in every four - no fewer than 13 weeks in a year! When you are not using your allocated time, it stays in the rental pool. Rental income from all the apartments is pooled, to ensure that when there are several vacancies, one owner is not favoured.
More > |