Own a Home Sooner with Help from the Progressive Home Ownership Fund.
We’ve made getting into your first home more achievable!
This home & land package is priced at $799,950.
*Thanks to the Progressive Home Ownership Fund, you can get $236,000 in interest-free support to help make it happen. That means you only need to fund the remaining $563,950 now, through savings or mortgage.
Here’s how it works:
> You buy your home now and move in once it's built!
> The $236,000 support is interest-free and doesn’t need to be repaid straight away.
> Over the next 15 years (or sooner if you're able), your home is likely to go up in value.
> When the time is right, you refinance your mortgage to pay back both your bank loan and the interest-free portion from the fund.
It’s a smart way to get into the market now, with less debt up front — and more time to grow your equity. Let’s chat if you’d like to know how it could work for you!
This shared ownership opportunity is offered in partnership with Owhata Kohanga Rakau Housing LP.
More about Lot 121 in Stage 5, Te Mania!...
This brand-new house and land offering ticks all the boxes. From quality fittings and fixtures to a considered design that takes advantage of its freehold land size and positioning.
Featured inclusions:
> Reliable brick, James Hardie or cedar external cladding
> Landscaping plan including driveway, clothesline, & letterbox
> Soft-close kitchen cabinets & drawers with 20mm engineered stone kitchen benchtop
> Bosch wall oven, ceramic hob, dishwasher & Robinhood range hood
> 36oz solution dyed nylon carpet with 11mm underlay & designer range vinyl flooring
> Healthy Homes standard heat pump
> Quality bathroom fittings & fixtures
> Council building consent, Builders Risk & Public Liability insurance
> 10 year Master Build guarantee
Title for the land and construction are both expected later in 2026. All you will need until then is a 10% deposit!
About Te Mania...
Te Mania is an established, carefully considered, medium-density development located in Te Puke which is part of the wider Bay of Plenty – famous for its warm climate, great beaches and thriving, diverse economy. See http://www.temania.nz for more information.
Visit our Showhome for an in-person glimpse of what this house & land package could look like, on completion!
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