Friday, 12 March 2021, 5:42 pm
Yesterday celebrated the kickstart of 25 first home
buyers into their Progressive Home Ownership (PHO) journey
at the Toru apartments in Queenstown.
Twenty-five
households will be purchasing homes under the Queenstown
Lakes Community Housing Trust’s ground-breaking assisted
ownership model, Secure Home.
QLCHT executive officer
Julie Scott confirmed average one-bed units have sold for
$220,000, and two-bed unit prices average $320k.
Three
years after signing a contract for 50 of the 78 units in the
Toru development at Remarkables Park, Frankton, the project
was completed last month, and QLCHT is set to take
possession of its units later this month.
Housing