Naremburn is one of Australia’s most tightly held suburbs, located in Sydney’s immensely desirable Lower North Shore. As the first brand new residential development in Naremburn in years, Northcote Collective is an exceptional opportunity for first home buyers and investors.
Elevate your expectations as a first home buyer
In an effort to diversify the Lower North Shore community and make otherwise impossible first home purchases possible, CBRE Residential Projects has partnered with the team at Handy. Handy empowers prospective purchasers to secure a personal loan which can go towards the deposit for your home.
Through Handy, Northcote Collective purchasers can borrow up to $75,000 per applicant, which can be incrementally paid off over 10 years with no early exit fees.*
This empowers first home buyers to borrow 100% of their deposit, granting them access to the luxurious and perfectly positioned apartments at Northcote Collective. Purchasers of one-bedroom apartments, which start at $830,000, can borrow their entire deposit thanks to this collaboration.
On top of this, first home buyers at Northcote Collective can leverage the NSW first home buyer stamp duty choice scheme, which removes stamp duty on purchases by up to 100%.
Excellent scope for investors
Northcote Collective is equally attractive for property investors, as the building’s premium design, quality fitouts, and untouchable Lower North Shore location make it a strong investment opportunity.
Rental yields are becoming more and more pronounced in the Lower North Shore, while vacancy rates continue dropping. The imminent expansion of immigration trends is likely to only bolster the demand for rental properties.
An unparalleled Sydney location
Only five kilometres north of the vibrant Sydney CBD, Northcote Collective is effortlessly close to boutique retail, grocery stores, and some of Sydney’s most prestigious schooling options. You'll be excellently connected at Northcote Collective, with St Leonards train station a convenient four minute walk away.
The Naremburn area is especially cherished for its bounty of parklands and nature trails, a rarity in such a central location. The area is also near Sydney’s iconic Lower North Shore beaches.
With an exquisite location, design, and strong incentives for first-home buyers, this is a truly fantastic opportunity for first-home buyers and investors alike.
To learn more about Northcote Collective Naremburn, or to enquire, click here.
*All Credit is subject to OurMoneyMarket Lending’s standard terms and conditions and lending criteria. OurMoneyMarket lending Pty Ltd ABN 64 605 231 669 trading as Handy. Australian Credit License 488228.