Hi there,
I'm new to this, first time buyer and I need a little advise.
Im looking at buying a commercial property to run my business out of with the potential of living above the business. The property is a 2 story commercial warehouse part of 3 other units. The property is freeholding and has been earthquake strengthen. I am wondering if I can use my Kiwisaver to purchase this building with the intent on living there? And to convert the building into residential? The other 3 units have already been converted into apartments and are being rented out.
Any help/advise would be much appreciated. Thanks
I'm new to this, first time buyer and I need a little advise.
Im looking at buying a commercial property to run my business out of with the potential of living above the business. The property is a 2 story commercial warehouse part of 3 other units. The property is freeholding and has been earthquake strengthen. I am wondering if I can use my Kiwisaver to purchase this building with the intent on living there? And to convert the building into residential? The other 3 units have already been converted into apartments and are being rented out.
Any help/advise would be much appreciated. Thanks
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