ENTER THE MARKET
For the cost of a reasonably good second-hand vehicle, first home buyers can now secure their own slice of paradise in the heart of Brisbane.
Morris Property Group are offering an enticing incentive at their Bridges Brisbane City development, with just an initial deposit of $10,000 to secure an apartment followed by monthly payments of at least $1000 until settlement.
“This enables first home buyers to find the property they love and lock it in with certainty to continue to save their deposit,” said director of Position Property Richard Lawrence, who is marketing and selling Bridges Brisbane City.
The Deposit Builder Scheme has been created to help buyers secure their apartment with price certainty.
Buyers can continue to build their deposit ahead of construction and subsequent settlement, knowing their new home selection and price is locked in.
Those eligible for the State Government’s $20,000 First Home Owners Grant also qualify for the MPG Deposit Builder.
The grant is currently available to those purchasing a new home valued at less than $750,000, with the grant reducing to $15,000 from next year.
The riverfront Bridges Brisbane City development is located at 19 Eagle Terrace, and will house 132 large apartments over 16 levels once completed.
It will also boast a podium-level recreation, gym and pool area and breathtaking views of the Brisbane River and skyline.
One bedroom apartments start from $395,500, two bedrooms from $519,900 and three bedrooms from $869,900.
A deposit of just $10,000 will secure an apartment in Bridges Brisbane City.