Collaborating to purchase land

Description: Hi all, just wanting to  gauge interest on an idea we have. We are looking for first home buyers who would keen on purchasing land with us and each couple placing a tiny home on the land. Looking around central Auckland/North Shore, around the $500k mark (i.e. $250k per couple). The reason we are saying first home buyers is so that we could potentially qualify for the 10% deposit.  We saw a great plot of land in Birkenhead, in the bush, selling for $495k with more than enough room for two tiny houses. But we just don't have the ability to buy this ourselves. The plan would be then after purchase to cross-lease the section so each couple legally owns their "side", maybe a few basic covenants in place but ability to sell in future if required. Get in touch if this is something of interest!

Publish Date: 18-03-19