Moncrieff is fast-becoming a popular choice for couples and young families to call home. Ideally located on Horse Park Drive between the established suburbs of Ngunnawal and Amaroo, Moncrieff enjoys close proximity to the Gungahlin Town Centre and the newly completed Casey shopping precinct. Precisely planned for livability, Moncrieff has been designed to retain existing hilltops, ridges and open space. The suburb will also enjoy playgrounds, walking trails, ponds, a group centre and community facilities.
CHC have just 2 properties left to purchase under the Land Rent Scheme and another 2 properties available under the traditional for sale.
CHC’s homes at Moncrieff are available to purchase under the Land Rent Scheme.
The Land Rent Scheme paves the way for you to own a home sooner. It allows you to buy a newly built home, while renting the land. This dramatically reduces your upfront costs because you only need a loan for the value of the house. Land Rent is calculated at 2% of the “unimproved” value of your land (the value of the land before construction).
The benefit of Land Rent is that you can start renting your land under the Land Rent Scheme, and obtain a mortgage to purchase the land component at any stage.
Benefits of CHC’s Land Rent Scheme
CHC is an official provider of the ACT Government’s Land Rent Scheme.
When you purchase a CHC Land Rent property, you only start paying Land Rent once the property has settled and you have taken ownership. There are no Land Rent costs for you during construction. This provides a cost-saving to you and allows you to keep saving while your home is under construction.