Watchfield Close, Māngere West
Situated at the end of a cul-de-sac so car traffic is at a minimum, this site will offer 2, 3 and 4-bedroom homes. Be quick for those! Architecturally designed with the quality and attention to detail that you’d expect from Housing Foundation.
These are the first homes in our Māngere project and we’re confident we will have a home here to suit your family and lifestyle. For more homes in Māngere West see what we have available at Molesworth Place.
2 Bedroom
These 2-bedroom homes are ideal for couples and smaller families. Both bedrooms on these sunny homes are on the upper level. The home comes with a single carpark.
Market price is from $720K.
With Shared Ownership your 60% share would be $432K including deposit.
Weekly mortgage repayments would be approximately $600.
Market price is from $720K.
With Shared Ownership your 60% share would be $432K including deposit.
Weekly mortgage repayments would be approximately $600.
3 Bedroom
We have a range of options if you need a spacious 3 bed home. These are all only 2 levels and include 2 carparks.
Market price is from $800K.
With Shared Ownership your 60% share would be $480K including deposit.
Weekly mortgage repayments would be approximately $670.
Market price is from $800K.
With Shared Ownership your 60% share would be $480K including deposit.
Weekly mortgage repayments would be approximately $670.
4 Bedroom
We have included a couple of 4-bedroom homes in this development. Both are duplex homes with a generous amount of light and an attractive aspect. Always popular for the 2 full bathrooms and the extra space.
Market price is from $900K.
With Shared Ownership your 60% share would be $540K including deposit.
Weekly mortgage repayments would be approximately $740.
Market price is from $900K.
With Shared Ownership your 60% share would be $540K including deposit.
Weekly mortgage repayments would be approximately $740.
Frequently Asked Questions
What is Housing Foundation building in Watchfield Close?
Construction of 19 new homes is underway and our first homes in this development are due for completion in March 2024. We have 10 two bedroom, 7 three bedroom and 2 four bedroom homes available. Ask for the plans and we’ll send you the details of the homes you are interested in.
Who does Housing Foundation sell its shared ownership homes to?
Housing Foundation sells its Shared Ownership homes to first home buyers.
What is “Shared Ownership”?
With Shared Ownership, you purchase a majority share of the home and we buy the rest. Over time, and as you can afford it, you buy our share out until the home is entirely yours.
If I’m not a first home buyer, can I buy a Housing Foundation home?
Yes, Housing Foundation do sell a small number of new homes on the open market to buyers who intend on living in the home. You’ll need to arrange your own bank finance. Talk to us about this option – we’ll be happy to help.
Can I purchase a Housing Foundation home as an investment to rent out?
No. Investors are not able to buy Housing Foundation homes.
Are pets allowed?
Most pets are allowed subject to normal Council conditions and the local Residents’ Association rules. Most of Housing Foundation homes are not suitable for larger animals.
What appliances will be supplied?
Housing Foundation will supply an under-bench oven, cook top and the range hood. No dishwasher is supplied but a space is left in the kitchen for one.
Are the homes freehold?
All the homes are freehold title. There is no Body Corp involved. However we are planning to have a Residents Association that will have responsibility to look after the common areas. The annual levy would be in the vicinity of $50 per year.
Who is Housing Foundation?
Housing Foundation is a not for profit housing charity that builds new homes for first home buyers. Its focus is primarily on helping families buy their first home using its Shared Ownership programme. It does also sell a small number of homes on the open market.
What has the Housing Foundation built before?
Housing Foundation has been operating for over 20 years and built or funded more than 1100 homes across Aotearoa, helping hundreds of families achieve their dream of home ownership.
Who else does Housing Foundation work with?
Housing Foundation partners with developers, councils, iwi, banks and other housing organisations.
Does Housing Foundation have social housing?
We do not have any social rental homes in our Watchfield Close development.