First Home Guarantee Scheme on offer at Kincaid's Cultivate apartments in Heidelberg West

First Home Guarantee Scheme on offer at Kincaid's Cultivate apartments in Heidelberg West
Mikah July 3, 2024FIRST HOME BUYER

With 99 per cent of the Heidelberg West market being single houses and townhouses, builder developer Kincaid has taken great care to ensure its rare Cultivate apartment development is reasonably priced for first home buyers looking to enter the property market. 

Cultivate offers stamp duty savings for first-home buyers, making owning a home even more accessible.

Tailored for first home buyers, Cultivate provides access to incentives such as the $10,000 First Home Owner Grant, stamp duty exemption, and the chance to buy with a five per cent deposit through the Victorian Home Buyer Fund Shared Equity Scheme or First Home Guarantee Scheme for units up to $600,000.

Cultivate offers 146 one, two and three-bedroom apartments across two 11-level buildings in one of Melbourne's most well-serviced employment areas.

The price for a one-bed apartments starts at $411,000, while the two-bedroom apartments start from $530,000, both under the $600,000 exemption for stamp duty.

The three-bedroom apartments start from $815,000.

Space was afforded to the living areas in the apartments at Cultivate. They opened to balconies that provide views of natural parklands, the cityscape, and riverways.

Central landscaped gardens and rooftop entertaining spaces add to Cultivate appeal, mirroring Melbourne’s love of the outdoors within the development.

Situated in one of Melbourne's last affordable pockets, just 12 kilometres from the CBD, Cultivate benefits from its proximity to various healthcare facilities such as Austin Hospital, The Mercy, and La Trobe Private Hospital. 

Cultivate is also conveniently located near RMIT and La Trobe University, making it an ideal choice for students and staff.

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