6 St Leonards Road Building the Most Liveable Country - Kelston, Auckland - Williams Corporation

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6 St Leonards Road Building the Most Liveable Country - Kelston, Auckland - Williams Corporation
6 St Leonards Road
                       Kelston, Auckland
1, 2 and 3 Bedroom Townhouses with Off-Street Carpark for the 2 and 3 Bedroom
       Townhouses and On-Street Carpark for the 1 Bedroom Townhouses

          Building the Most Liveable Country
6 St Leonards Road Building the Most Liveable Country - Kelston, Auckland - Williams Corporation
6 ST LEONARDS ROAD

               6 St Leonards Road
                             Kelston, Auckland
1, 2 and 3 Bedroom Townhouses with Off-Street Carpark for the 2 and 3 Bedroom
       Townhouses and On-Street Carpark for the 1 Bedroom Townhouses

                                Affordable Living
             Our Townhouses located on Fee Simple Titles, are the most
              popular products our company has created. With several
             similar projects selling down in record timeframes, we are
                        excited to be releasing this property.

                                        Contents
                Design                                       Page 3
                Location                                     Page 4
                Landscape Plan                               Page 5
                Survey Plan                                  Page 6
                Floor Plan(s)                                Page 7
                External and Internal Quality                Page 8
                and Internal Colours
                Build Specifications, Colour Schedule        Pages 9–10
                and Chattels List
                Price List                                   Page 11
                Rent Appraisal(s)                            Pages 12–17
                About Williams Corporation                   Page 19
                Meet the Team                                Page 20
                How We Build Homes Better                    Pages 21–22
                House prices nationwide are tipped to soar   Pages 23–24
                by 20 per cent over the next four years
                A Big Problem We Are Solving...              Page 25
                Why Buy in Auckland?                         Page 26
                Warranty and Maintenance                     Page 27
                The Differences Between a Residents          Page 28
                Agreement and a Body Corporate
                How to Purchase a Property                   Page 29
                from Williams Corporation
                Contact Us                                   Page 30
                Testimonials                                 Page 31
                Here’s How New Zealanders Get Rich           Page 32

                     Building the Most Liveable Country
                                             Page 2
6 St Leonards Road Building the Most Liveable Country - Kelston, Auckland - Williams Corporation
6 ST LEONARDS ROAD

         We are very proud of the design appeal of this
Design

         development. The exterior is a mixture of black
         and white coloured BGC Weatherboards and the
         development has extensive landscaping throughout.
         This simple yet tasteful design is market leading
         with Townhouse construction. Resulting in a highly
         appealing visual aspect, while maintaining extreme
         functionality and low maintenance.

                                       Page 3
6 St Leonards Road Building the Most Liveable Country - Kelston, Auckland - Williams Corporation
6 ST LEONARDS ROAD

           Located on St Leonards Road in Kelston, these Townhouses
Location
           are only a short drive to access the North Western Motorway
           and are perfectly positioned for trains, buses and other
           motorway connections. They are also walking distance
           to numerous schooling options, from Pre-School to
           High School as well as local shops, cafes and other
           amenities. It is with no doubt that finding new homes at
           an affordable price point is only going to get increasingly
           harder as Auckland City’s population grows.

                                                             3

                   1
               6

                       2
           4

           What’s nearby?

            1      Archibald Park 1km

            2      LynnMall 2.2km

            3      Auckland Central 12.8km

            4      Kelston Countdown 1.2km

                       Building the Most Liveable Country
                                             Page 4
6 St Leonards Road Building the Most Liveable Country - Kelston, Auckland - Williams Corporation
6 ST LEONARDS ROAD

Landscape Plan

         Page 5
6 St Leonards Road Building the Most Liveable Country - Kelston, Auckland - Williams Corporation
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                                                                                                                                                                                                                            X                          LOT 8             LOTS 6 & 7                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       25.67
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         PVT                                                                                                                                                                                                                                                         MEASUREMENTS (METRES)

                                                                                                                                                                                                                                                                                                                                                                                                3.4
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             SW

                                                                                                                                                                                                                                                                                                                                                                                                                  T TT
                                                                                                                                                                                                                           AG                          LOT 9             LOTS 7 & 8

                                                                                                                                                                                                                                                                                                                                                                                                                 PV
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               0
                                                                                                                                                                                                                                                                                                                                                                                                               N                                                                                                                                                                                                                                                                                                                                                     EXISTING BUILDINGS (EXTERIOR CLADDING)

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                                                                                                                                                                                                                                                                                                                                                                                          .08
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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     EXISTING WASTE WATER LINE (PUBLIC)                              WW           WW

                                                                                                                                                                                                                                                                                                                                                                                                             T TT
                                                                                                                                                                                                                                                                                                                                                                                                                                                 LOT 4

                                                                                                                                                                                                                                                                                                                                                                                                            PV

Page 6
                                                                                                                                                                                                                                                                                                                                                                                      (41
                                                                                                                                                                                                                                                                                                                                                                                                          PVPV
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     EXISTING STORM WATER LINE (PUBLIC)                              SW           SW

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                                                                                                                                                                                                                                                                                                                                                                                                 S
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                                                                                                                                                                                                                                                                                                                                                                                                        T TT
                                                                                                                                                                                                                                                                                                                                                                                                       PV

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                                                                                                                                                                                                                                                                                                                                                                                                     PVPV
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                                                                                                                                                                                                                                                                                                                                                                                          M
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               2

                                                                                                                                                                                                                                                                                                                                                                           22°2
                                                                                                                                                                                                                                                                                                                                                                                                          PVT
                                                                                                                                                                                                                                                                                                                                                                                                   T TT
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                                                                                                                                                                                                                                                                                                                                                                                                  PV
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                                                                                                                                                                                                                                                                                                                                                                                                PVPV
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             13.4
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             SW
                                                                                                                                                                               THAT LOT 9 HEREON (LEGAL ACCESS) BE HELD AS TO FOUR UNDIVIDED ONE FOURTH SHARES BY THE

                                                                                                                                                                                                                                                                                                                                                                                   RIS
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             LOT 9                                                                                                                                                                                                   PROPOSED BUILDINGS (EXTERIOR CLADDING)

                                                                                                                                                                                                                                                                                                                                                                                                     PVT
                                                                                                                                                                               OWNERS OF LOTS 1-4 HEREON AS TENANTS-IN-COMMON IN THE SAID SHARES AND THAT INDIVIDUAL

                                                                                                                                                                                                                                                                                                                                                                                           T TT
                                                                                                                                                                                                                                                                                                                                                                                          PV
                                                                                                                                                                                                                                                                                                                                                                                        PVPV
                                                                                                                                                                               RECORDS OF TITLE BE ISSUED IN ACCORDANCE THEREWITH.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   PROPOSED WASTE WATER LINE (PUBLIC)                              WW           WW
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              197 m²

                                                                                                                                                                                                                                                                                                                                                                                                PVT
                                                                                                                                                                                                                                                                                                                                                                                    T TT
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     PROPOSED WASTE WATER LINE (PRIVATE)                          PVT      PVT         PVT

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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      SW
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 (41
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                                                                                                                                                                                                                                                                                                                                                                                      PV
                                                                                                                                                                                                                                                                                                                                                                                       PVT
                                                                                                                                                                                                                                                                                                                                                                                         TT          PVT                                                                                                                                                                                                                                                                                                                                                             PROPOSED STORM WATER LINE (PRIVATE)                          PVT      PVT         PVT

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             '50"
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                                                                                                                                                                                                                                                                                                                                                                                                    PV
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                                                                                                                                                                                                                                                                                                                                                                                                     0 TTT                                                                                                                                                                                                                                                                                                                                                           PROPOSED WATER SUPPLY LINE
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                                                                                                                                                                                                                                                                                                                                                                                                                   PV
                                                                                                                                                                                                                                                                                                                                                                                                                    PVT
                                                                                                                                                                                                                                                                                                                                                                                                                      TT      PVT                        4

                                                                                                                                                                                                                                                                                                                                                                               1.20
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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            SW
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Survey Plan

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                                                                                                                                                                                                                                                                                                                                                                                                                                               PV
                                                                                                                                                                                                                                                                                                                                                                                                                                                PVT
                                                                                                                                                                                                                                                                                                                                                                                                                                                  TT           PVT
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  ALLOCATION FOR LOTS 1-4

                                                                                                                                                                                                                                                                                                                                                                                                PVT
                                                                                                                                                                                                                                                                                                                                                                                                                                                        3.8PVPV
                                                                                                                                                                                                                                                                                                                                                                                                                                                            0PVTTT                                                               TO BE SPECIFIED WITHIN THE                                                                                                                                          8                                                               LANDSCAPED AREA
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                                                                                                                                                                                                                                                                                                                                                                                                                                                                       PV

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                                                                                                                                                                                                                                                                                                                                                                                                                                                                        PVT
                                                                                                                                                                                                                                                                                                                                                                                                                                                        (4.3
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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     PVT
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 0.5PV

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    SW
                                                                                                                                                                                                                                                                                                                                                                             5                                                                                  SW
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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 DP 40476
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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  PVT
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    TT

                                                                                                                                                                                                                                                                                                                                         PVT
                                                                                                                                                                                                                                                                                                                                                                                                             PVT
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             PV
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             PV
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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      QSW                4.31            PV
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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          PVT
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            TT

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                                                                                                                                                                                                                                                                                                                                                                                                                      PVT
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                                                                                                                                                                                                                                                                                                                                  PVT
                                                                                                                                                                                                                                                                                                                                                                                                                                                                 6                                                                                  AG

                                                                                                                                                                                                                                                                                                                                                                                                    PVT
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                                                                                                                                                                                                                                                                                                                                                                                                                 PVT
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      www.envivo.co.nz

                                                                                                                                                                                                                                                                                                                           13.4
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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  PVT
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                                                                                                                                                                                                                                                                                                                                                                                                             PVT
                                                                                                                                                                                           WW
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                                                                                                                                                                                                                                                                                                                                           66 m²                                                                                                                                                                7
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                PVTT
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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                PV
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       PROPOSED                                                                                                                                                                                     P2       BT     09/10/19     BT      AMEND MOE TABLE

                                                                                                                                                                                                                                                                                                                         PVT
                                                                                                                                                                                                                                                                                                                                                                                    PVT
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                                                                                                                                                                                                                                                                                                                                                                                                          LOT 6                                                                                                                                                        SWMH 02

                                                                                                                                                                                                                                                                                                                                                                                                        PVT
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              T

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    P4       BT     04/12/19     BT      SHIFTED UNITS 1-3 & UPDATE DRAINAGE
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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           PV
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           PV

         Building the Most Liveable Country
                                                                                                                                                                                                                                                                                                                     PVT
                                                                                                                                                                                                                  WW150m                                                                                                           PVT
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                                                                                                                                                                                                                                                                                                                                                                             PVT
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                                                                                                                                                                                                                                                                                                                                                                                                                                                                     58 m²

                                                                                                                                                                                                                                                                                                           PVT
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   SCHEME PLAN

                                                                                                                                                                                                                                                                                                                                                                           13.4
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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           83 m²
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6 St Leonards Road Building the Most Liveable Country - Kelston, Auckland - Williams Corporation
6 ST LEONARDS ROAD

                                The open plan nature of the kitchen,                  Outside is your own low maintenance,
Floor Plan(s)

                                living and dining provides everything                 private courtyard with ample space for
                                you need for comfortable living. Our                  a barbecue, table and chairs. The outdoor
                                extremely functional kitchen will                     area also includes a storage shed along
                                impress, plus there is a separate laundry             with an outdoor power supply.
                                with storage space under the stairs.

                                Upstairs are either 1, 2 or 3 full size
                                bedroom(s), which include large
                                built-in wardrobes. Also upstairs is
                                a full size bathroom.

                  1 Bedroom                                     2 Bedroom                                         3 Bedroom

                                                                                                                              Office
                  Kitchen
                                                                                                            Dining/Living

                                                                                                                                WC
                                                            Dining/Living
                Dining/Living                                                                                               Store

                                                                                                                         Laundry
                                                                Laundry                                     Kitchen

                                                               Kitchen

                             Store
           Bathroom                                                                                        Bedroom 2      Bedroom 3
                            Landing

                                                                                                          w.r.                      w.r.
                 w.r.                                                                                            Store
                                                                               w.r.                       w.r.

                                                            Bedroom 2          Store
                Bedroom         Store                                                                      Bedroom 1     Bathroom

                                w.r.

                                                           Bathroom
                                                                          Landing

                                                             Bedroom 1
                                                                                w.r.

                                                                      Page 7
6 St Leonards Road Building the Most Liveable Country - Kelston, Auckland - Williams Corporation
6 ST LEONARDS ROAD

                   Quality is paramount in our properties          Finishing with European tiles, washable
Internal Quality
External and
                   and only the best products are going            paint and upgraded magnesium oxide
                   into the construction and fit out of our        flooring, giving the first floor that concrete
                   developments. Starting with an engineered       feel. All our products are purchased from
                   gravel base and concrete raft foundation,       large industry leading companies, to ensure
                   then laminated veneer framing, coupled          reliability and quality.
                   with double glazed windows, solid air
                   barriers, upgraded glass wool insulation,
                   which is guaranteed for 70 years and
                   aerated concrete intertenancy walls.

                                                                   Images of the living, lounge and kitchen are indicative of a 2 bedroom property.
                                                                   Images used throughout this Information Pack are indicative only.

                   All properties are painted in beautiful
Colours
Internal

                   modern tones to create a feeling of warmth
                   and space throughout. The neutral tones
                   allow you to add your own unique touch with
                   furniture, artwork and other accessories.

                     Tiles        Carpet       Kitchen       Kitchen          Splashback                Ceiling /                 Blinds
                                              Cabinetry      Bench                                   Trim / Doors /
                                                                                                         Walls

                             Building the Most Liveable Country
                                                    Page 8
6 St Leonards Road Building the Most Liveable Country - Kelston, Auckland - Williams Corporation
6 ST LEONARDS ROAD

                              Build Specifications
                         Specifications, Colour Schedule and Chattels List

General Specifications           Internal Doors Paint finish flush panel MDF doors Gib sliders to robes
                                 Entry Door Latitude panel
                                 Hardware Schlage
                                 Windows Double glazed, powder coated aluminum
                                 Electrical LED lighting, sockets, general connections,
                                 phone and tv jacks, heated towel rails and bathroom fans.
                                 Heating Fujitsu 5kw heat pump
                                 Water Heater 180L hot water cylinder
                                 Paint Resene Spacecoat
                                 Roof .4mm Colour Steel corrugated roofing
                                 Fascia Colour Steel
                                 Gutter Colour Steel
                                 Downpipes Colour Steel
                                 Cladding BGC Weatherboard

Interior Lining                  Insulation Batts R 2.6 wall batts, R 3.6 ceiling batts
                                 Gib Walls and ceilings, standard gib to engineer requirements
                                 Gib Stopping Level 4 finish, square stop to ceiling
                                 Skirting and Architraves MDF 60mm square finish skirting,
                                 40mm square finish architraves, pine skirting to wet areas

Kitchen                          Oven Fisher and Paykel 60cm built-in oven
                                 Hob Fisher and Paykel 60cm ceramic cook top
                                 Dish draw Fisher and Paykel stainless steel dish draw
                                 Rangehood Fisher and Paykel built in Power Pack
                                 Washer/Dryer Fisher and Paykel Washer/Dryer Combo
                                 Refrigerator/Freezer Haier Top Mount
                                 Microwave Fisher and Paykel 60cm Built-In Combination

Bathroom                         Shower Acrylic shower tray, tiled walls
                                 Vanity Brighton 900mm wall hung vanity white gloss
                                 Heating Chrome heated towel rail
                                 Mirror Mirror over vanity
                                 Tapware Metro series basin, shower, kitchen mixer
                                 Toilet Back to wall soft close with integrated bidet

                                                   Page 9
6 St Leonards Road Building the Most Liveable Country - Kelston, Auckland - Williams Corporation
6 ST LEONARDS ROAD

                              Build Specifications
                    Specifications, Colour Schedule and Chattels List

Internal Colours                  Tiles European off white tile
                                  Carpet Virga Cloud
                                  Kitchen Cabinetry Hamptons Elm
                                  Kitchen Bench Engineered Marbello Snowdrop
                                  Splashback Clear glass
                                  Ceiling/Trim/Doors/Walls Resene Half Black White
                                  Blinds Chalk block out blinds

External                          Exterior Cladding BGC Weatherboard painted a mixture of black and white
                                  Roof, Fascia, Gutter, Downpipe colour Ebony
                                  Soffits Resene Half Black White
                                  External Joinery and Front Door Ebony
                                  Tap(s) x2 for Townhouses and as per the Plans for Apartments

                                       Chattels List
                   Letter box
                   Clothes line
                   Garden/bike shed
                   Blinds
                   Cook top
                   Range hood
                   Dish draw
                   Refrigerator/Freezer
                   Microwave
                   Fixed floor coverings
                   Light fittings
                   Heat pump and remote
                   Bathroom heater
                   Towel rail
                   Mirrors above vanity
                   Wardrobe joinery
                   Satellite dish
                   Washer/Dryer Combo
                   Smoke alarm/s pursuant to Building Code requirements

                       Building the Most Liveable Country
                                                   Page 10
6 ST LEONARDS ROAD

                              Price List
                                   Internal and
 Unit     Number of   Number of                            Site
                                     Outdoor                           Price
Number    Bedrooms    Carparks                         Measurements
                                  Measurements

                                  76.76m2 (internal)
 Unit 1       2           1                                77m2       $635,000
                                  23.36m2 (outdoor)

                                  77.06m2 (internal)        61m2
Unit 2        2           1                                           $625,000
                                  17.07m2 (outdoor)      (56m2 net)

                                  76.76m2 (internal)        92m2
Unit 3        2           1                                           $635,000
                                  19.73m2 (outdoor)      (65m2 net)

                                  96.78m2 (internal)       117m2
Unit 4        3           1                                           $729,000
                                  33.03m2 (outdoor)      (97m2 net)

                                  53.08m2 (internal)        66m2
Unit 5        1          0                                            $479,000
                                  27.77m2 (outdoor)      (60m2 net)

                                  53.30m2 (internal)        58m2
Unit 6        1          0                                            $469,000
                                  21.39m2 (outdoor)      (53m2 net)

                                  53.30m2 (internal)        58m2
Unit 7        1          0                                            $469,000
                                  21.39m2 (outdoor)      (53m2 net)

                                  52.46m2 (internal)
Unit 8        1          0                                 83m2       $479,000
                                  42.36m2 (outdoor)

                                     Page 11
6 ST LEONARDS ROAD

      Rent Appraisal
            1 Bedroom

Building the Most Liveable Country
                Page 12
6 ST LEONARDS ROAD

Rent Appraisal
    2 Bedroom

        Page 13
6 ST LEONARDS ROAD

      Rent Appraisal
            3 Bedroom

Building the Most Liveable Country
                Page 14
6 ST LEONARDS ROAD

                                        Rent Appraisal
                                                     1 Bedroom

Thursday 10th October 2019

       Units 5, 6, 7, 8 - 6 St Leonards Road, Kelston

                              $460 - $490 per week

                                                  1                                      1
    Beautifully designed and stylishly finished 1 bedroom double level terraced townhouse. Enter through ground level
    into open plan kitchen, dining and lounge with heat pump. Sliding doors flow from the lounge into the fully fenced
    outdoor area where there is further storage/ garden shed. Quality Fisher and Paykel appliance are installed
    throughout this little gem. The kitchen has ceramic hob, wall oven, dish draw, refrigerator/freezer and microwave. A
    Washer/Dryer has also been included in the chattels for the laundry which is located discretely under the staircase.
    The top level offers a very generous sized bedroom with amply wardrobe space, and a spacious bathroom. This
    delightful townhouse is conveniently located virtually with exceptional public transport almost at the door. A short 8
    minute drive to ever popular LynnMall Shopping Centre, and a very short walk to the local dairy and other retail outlets

At Crockers we are West Auckland’s largest Property Management Company and are committed
to service and we provide all our Landlords with a money back service guarantee. A list of services
we provide our clients is on the back page of this appraisal. We look forward to partnering with
you and please feel free to read our client testimonials from our Google reviews.
If there is anything more I can do for you, don’t hesitate to give me a call.
Yours faithfully,

Brenda Tregonning | Business Development Manager, Crockers Property Management Ltd
ddi 09 920 0837 | m 022 378 7421 | e brenda@crockers.co.nz

                                                           Page 15
6 ST LEONARDS ROAD

                                       Rent Appraisal
                                                    2 Bedroom

Thursday 10th October 2019

       Units 1, 2, 3 - 6 St Leonards Road, Kelston

                              $570 - $600 per week

                                                  2                                     1
    Excitingly new and very stylish double level 2 bedroom townhouses. Complete with Fisher and Paykel Whiteware and
    appliances. Open plan kitchen, dining and lounge. Sliding doors from lounge open onto the fully fenced outdoor area.
    Kitchen is well designed and fitted with wall oven, ceramic hob, dish draw, microwave and refrigerator/freezer. A
    heat pump in the lounge provides all year comfort. The laundry is very discretely located under the staircase. Upstairs
    offers 2 very generous sized bedrooms both with ample wardrobe space. Additional storage is available in storage /
    garden shed provided and is located in the outdoor area. One off street carpark is provided almost directly in front of
    the units. These lovely new and stylishly designed homes are very conveniently located on excellent public transport
    routes. A short 8 minute drive to ever popular LynnMall Shopping Centre and a very short walk to the local dairy and
    other retail outlets.

At Crockers we are West Auckland’s largest Property Management Company and are committed
to service and we provide all our Landlords with a money back service guarantee. A list of services
we provide our clients is on the back page of this appraisal. We look forward to partnering with
you and please feel free to read our client testimonials from our Google reviews.
If there is anything more I can do for you, don’t hesitate to give me a call.
Yours faithfully,

Brenda Tregonning | Business Development Manager, Crockers Property Management Ltd
ddi 09 920 0837 | m 022 378 7421 | e brenda@crockers.co.nz

                          Building the Most Liveable Country
                                                           Page 16
6 ST LEONARDS ROAD

                                       Rent Appraisal
                                                   3 Bedroom

Thursday 10th October 2019

                             Unit 4 - 6 St Leonards Road, Kelston

                              $640 - $670 per week

                                                  3                                    2
  Fresh, light and bright well designed double level 3 bedroom family home has so much to offer. Just a few steps across
  the road to Kelston Boys High School, short walk to Kelston School for the Deaf, and many other excellent schools in the
  immediate area. The kitchen is modern and very stylish designed. Fully fitted with Fisher and Paykel appliances from
  Ceramic stove top, wall oven, microwave and refrigerator/freezer. Large lounge with heat pump for extra comfort. Sliding
  door access to a fully fenced outdoor area. Guest bathroom has also been added on lower level for convenience. An
  additional benefit is a separate substantial office/study room. Laundry has been discretely placed under the staircase and
  a substantial storage cupboard. The top level offers the main family bathroom, and 3 very generous sized double
  bedrooms, all completed with large wardrobes and a further storage/linen cupboard. One off street carpark is provided.
  Fabulous public transport almost at door, and a short 8 minute drive to ever popular LynnMall Shopping Centre, and a very
  short walk to local dairy and other retail outlets.

At Crockers we are West Auckland’s largest Property Management Company and are committed
to service and we provide all our Landlords with a money back service guarantee. A list of services
we provide our clients is on the back page of this appraisal. We look forward to partnering with
you and please feel free to read our client testimonials from our Google reviews.
If there is anything more I can do for you, don’t hesitate to give me a call.
Yours faithfully,

Brenda Tregonning | Business Development Manager, Crockers Property Management Ltd
ddi 09 920 0837 | m 022 378 7421 | e brenda@crockers.co.nz

                                                          Page 17
6 ST LEONARDS ROAD

Building the Most Liveable Country
                Page 18
6 ST LEONARDS ROAD

                       Williams Corporation do property                 Williams Corporation see both Auckland
Corporation
About Williams
                       development and investment in Auckland           and Christchurch as world class cities with
                       and Christchurch. Our well-built                 exceptional value moving forward. We are
                       Townhouses and Apartments are the                totally committed to building Auckland
                       future for New Zealand housing and a             and Christchurch into the most liveable
                       desirable solution to the housing crisis.        cities. Meet our team below and reach out
                                                                        to discuss your next property investment.
Team
Management
Meet the

                                          Matthew                                    Blair
                                          Horncastle                                 Chappell
                                          Managing Director                          Managing Director
                                          Matthew manages, on a daily basis,         Blair is responsible for product and
                                          land acquisition, development design,      contractor procurement, pricing, site
                                          resource consents, development sales,      management along with building
                                          marketing and finance. Matthew is          consents. As a qualified business analyst
                                          a qualified builder and has been in        and having been in the construction
                                          the construction industry for over         industry for over 7 years, Blair loves
                                          9 years. Matthew is extremely              everything about development, including
                                          high energy and passionate about           watching a development go from an idea
                                          Williams Corporation’s purpose to          on a set of plans to a finished product,
                                          build Auckland and Christchurch            complete with home owners and tenants.
                                          into the most liveable cities.

 Kathryn                                  Scott                                      Hannah
 Marshall                                 Barclay                                    Turner
 Managing Director                        Group Accountant                           Customer Relations
                                                                                     Manager
 Kathryn has a 32 year career in
 construction. Kathryn overviews the      Scott manages all the finances             Hannah is responsible for client
 company finances and cashflow            including creditors, purchase orders,      relationships, assisting sales and general
 position and is responsible for          payments, office administration and        enquiries. As a recent University
 company systems, processes, controls     IRD compliance. As a qualified             graduate with a Bachelor of Arts, Hannah
 and oversees legal and technical         Accountant, Scott has had extensive        contributes a high level of literacy and
 documents. Kathryn has a Bachelor of     experience in the construction             communication to the team. Hannah is
 Agricultural Science Degree, including   industry, having prior roles with both     passionate about helping people gain a
 business subjects. Kathryn creates the   main contractors and suppliers. In         firm foothold on the property ladder and
 vision, along with Matthew and Blair     previous lives, Scott worked as a Market   ensuring customer satisfaction remains
 and forms highly skilled teams to        Gardener and High School Teacher.          a priority and a point of difference for
 deliver the outcomes ethically.                                                     Williams Corporation.

                                                           Page 19
6 ST LEONARDS ROAD

Team
Consultants
Property
Meet the
                                              Stephen                                    Matt
                                              Pike                                       Withington
                                              Property Consultant                        Property Consultant
                                              Stephen has over 15 years experience       As a licensed builder, experienced
                                              in property sales and has helped over      new-home consultant, homeowner
                                              1000 customers either invest or own        and property investor, Matt brings a
                                              residential real estate. Stephen’s         wealth of technical know-how to the
                                              professional approach and strong           Williams Corporation team. Matt has
                                              knowledge of market opportunities,         a trusted reputation, built on positive
                                              ensures that his customers get the         communication and assists customers
                                              best advice and information to             with options that will perform best now
                                              enable a sound decision is made.           and into the future. Matt genuinely loves
                                              Achieving financial security for his       talking about property and is passionate
                                              customers is of utmost importance.         about helping people achieve their goals.

Greg                                          Maxine                                     Mitchell
Freeman                                       Thomas                                     Podmore
Property Consultant                           Property Consultant                        Property Consultant
Greg has 11 years of relevant experience      Maxine has over 10 years experience in     Mitchell has been in the sales game for
and proven history in directing and           property investment, including acting      5 years plus 2 years in construction.
selling investment property, helping          as a buyer’s agent sourcing suitable       As a Property Consultant, Mitchell
over 1000 clients from around New             property, enabling others to grow their    provides a great understanding, by
Zealand. Greg loves helping others to         wealth. Prior to property, Maxine          listening to customers’ needs, then
achieve their dreams and believes with        travelled the world as a Flight Service    putting it all together, to provide
having the right advice, plus the correct     Manager. Maxine is extremely passionate    amazing results. Mitchell is very active,
structures implemented, these factors         about people and property and gets         being a competitive cyclist to all kinds
are key to making this happen.                immense satisfaction combining the two     of other sports, that provide grounding
                                              together to achieve exceptional results.   and knowledge to work hard and
                                                                                         achieve great goals.

Sharaine                                      Dee                                        Scottie
Barrett                                       Bull                                       Muirson
Property Consultant                           Property Consultant                        Property Consultant
Sharaine has over 10 years experience         As a down-to-earth Mum of five             Scottie has nearly 10 years experience in
in the real estate and sales industry.        sports-mad kids, Dee is all about          property investment and sales. Property
She is very passionate about property         community with a huge heart for            and finance runs in his blood. Scottie
and has developed great knowledge and         helping people grow their security. With   entered the property industry full time
understanding due to purchasing and           a background in design and experience      after investing in property during his
renovating a number of properties from        in the building/joinery industry, Dee is   successful and adventurous military
the age of just 19. Sharaine’s consultative   passionate about sustainable living and    career in the Air Force. Scottie is driven
approach ensures her clients feel             all things eco-friendly and energy         to help people achieve their life goals
comfortable to make decisions with            efficient. Dee’s appreciation for clever   and to be able to live the life they dream
ease, and is dedicated and committed to       and innovative spaces means she            of. Scottie loves to assist first home
creating an exceptional experience            understands big is not always best,        buyers and investors get into the best
when it comes to buying property.             we just need smarter homes for living      housing possible.
                                              and to live smarter.

Ben                                           Carl                                       Mandi
Cloake                                        da Costa                                   Ussher
Property Consultant                           Property Consultant                        Property Consultant
Ben has over 15 years experience in           Carl has over 15 years in real estate      Mandi has over 15 years in sales and has
the sales industry, with a background         sales along with extensive experience      focussed her career over the past three
in solar, insulation, heating and home        as a property investor, business           years in real estate, working with first
efficiency. Ben is very passionate            owner, entrepreneur and public             home buyers and investors alike. With a
about helping first home buyers and           speaker. Carl’s passion is helping         creative flair and passion for design,
investors get onto the property               others achieve personal and financial      Mandi has previously worked as a
ladder. Ben’s collaborative approach          freedom by providing enthusiastic          kitchen and bathroom designer. Through
helps his clients feel informed to            support, encouragement and                 the consultation processes of creating
make decisions with confidence.               expertise. Carl’s belief is that nothing   beautiful interior spaces, it soon became
                                              is impossible by maintaining a             evident that Mandi’s greatest enjoyment
                                              positive can-do attitude. Let Carl         was derived from the management of
                                              share his enthusiasm to support your       relationships with clients and successful
                                              goals and property aspirations.            outcomes on projects.

                                      Building the Most Liveable Country
                                                                Page 20
6 ST LEONARDS ROAD

How We Build Homes Better

                           9

                                    7

                                    5
       6

                                4

   8

                                    3

                                    2

                                        1

                Page 21
6 ST LEONARDS ROAD

                               How We Build Homes Better

  1                                           2                                          3

Gravel Raft                                 Engineered Slab                            LVL Frames
Soils are stripped down and replaced        Constructed on top of the gravel raft an   LVL stands for laminated veneer
with compacted gravel, the entire           engineered slab provides the benefits      lumber, LVL timber is dimensionally
process is signed off and overseen by an    of the concrete foundation sitting on      accurate, straighter and meets or
engineer. A gravel raft provides a stable   the ground instead of in it. Constructed   exceeds equivalent stress tests when
platform and strengthens the ground         with concrete, steel and polystyrene       compared to standard SG8 and SG10
under your home.                            pods, with the process being signed off    pine framing.
                                            by an engineer.

  4                                           5                                          6

Plywood Flooring                            Insulation                                 Hebel Intertenancy Wall
Manufactured from sustainably grown         With warm dry homes being paramount        Hebel Powerpanel XL is made out of
New Zealand Pine, plywood flooring          for our construction methodology, we       aerated concrete and provides fantastic
has improved structural benefits when       use a R3.6 ceiling batt with an R2.2       acoustic and fire resistant properties.
compared with particle board flooring       ceiling blanket on top, providing nearly   This ensures the product separating you
and feels fantastic to walk on.             double the building code requirements.     from your neighbours is of the highest
                                            For the external walls, we use a R2.6      quality in the market place. Because the
                                            wall batt to achieve 30% over building     Hebel sits between the timber framing
                                            code requirements. With a 70 year          you have full use of the intertenancy
                                            product warranty and being owned by        wall in your home without comprising
                                            CSR Group, we have partnered with          your fire and acoustic rating.
                                            Bradfold Gold to provide this industry
                                            leading insulation solution.

  7                                           8                                         9

Solid Air Barrier                           LVL I-Joists                               Safe Building Envelope
It is no surprise that the building         Manufactured from sustainably grown        All of our homes have longevity in
code requires a solid air barrier in        New Zealand Pine, LVL I-joists are half    mind, we do not use internal gutters,
extra high wind zones, when compared        the weight of conventional softwood        flat roofs or other high risk design
to building paper a solid air barrier       joists and are straight, uniform and       elements. We use leading products both
offers a more robust cavity and extra       dimensionally stable. This provides a      on the walls and behind them to create
structural bracing on the home.             lighter, stronger midfloor that has less   a low maintenance home that will last
                                            chance of long term deflection.            the test of time.

                                     Building the Most Liveable Country
                                                             Page 22
6 ST LEONARDS ROAD

           House prices nationwide are tipped to soar
             by 20 per cent over the next four years
                                 Article originally appeared on stuff.co.nz on June 16, 2019

After a long overdue pause in the most overheated parts           Senior property economist at property data provider
of the market, house prices are again tipped to soar by           CoreLogic, Kelvin Davidson, said if Treasury’s forecast
an average of 18.3 per cent in the next four years.               was correct, it would reflect growth in regional New
That is how much Treasury is predicting house prices              Zealand.
will rise between now and 2023 - a rise of about                  Property values in some parts of regional New Zealand
$125,000 on the average residential house values cited            are already booming - the latest Real Estate Institute
by Quotable Value for March 2019.                                 report revealed a new record median price in Gisborne,
In Auckland that figure is even higher, adding about              which recorded a staggering 54.4 per cent year-on-year
$190,00 to the average house value of $1.03 million.              rise to $440,000 up from $285,000 last May. That’s a
                                                                  $155,000 increase, or $2645 a day.
For prospective first time buyers like Nelson mother of
two Anastazja Fastier, 38, it’s putting the dream of              Median house prices across New Zealand increased by
home ownership further out of reach.                              3.2 per cent in May to $578,000, up from $560,000 in
                                                                  May 2018 - and are even stronger once Auckland is
Fastier said she and her husband had been saving up
                                                                  excluded, increasing by 7.2 per cent to $487,770 up
for a deposit to buy their first home for the past six
                                                                  from $455,000 in May last year,.
years.
                                                                  CoreLogic said it preferred to use the House Price Index
They’ve noticed a major increase in house prices in the
                                                                  as a comparison, because it measures the value
past three years in the Nelson region where the average
                                                                  movement of all properties in an area, not only those
house price went from $350,000 to over $500,000.
                                                                  that happen to have sold in the month.
“We’ve been scratching our heads thinking that maybe
if we started saving earlier we would’ve been on the
property ladder three years ago.”                                 By that measure the housing market recorded a “slow
                                                                  and steady” rise of 1.8 per cent year on year, but the
She said they are searching for the right house, but
                                                                  regions were still outperforming many of the larger
noticed that more people are showing up to open
                                                                  centres. Some of that growth is attributed to an exodus
homes nowadays.
                                                                  of Aucklanders to cheaper locations.
“I think house prices will increase again when spring
                                                                  There are signs, however, that the recent fall in
comes around. There’s going to be a mad rush and
                                                                  Auckland property values may have been arrested,
panic.
                                                                  with property values up 0.5 per cent in May, according
“We may end up having to wait for a few more years                to CoreLogic. ​
before we find the right place,” Fastier said.
                                                                  Davidson is more cautious than Treasury on how fast
Stricter rules around foreign ownership and loan to               and how high prices might rise - but agrees that prices
value ratios (LVR) have helped slow growth in recent              are more likely to rise than fall.
years.
                                                                  “Even if it’s not quite 20 per cent across the mark as a
But in this recent Wellbeing Budget, Treasury forecast            whole, I still anticipate prices rising to some degree,”
a return to large increases over the next four years.             Davidson said.
There is disagreement among property experts on how
                                                                  “The credit environment isn’t as easy as it has been in
far and how fast prices will rise.
                                                                  the past, so there are still hoops people have to jump
                                                                  through to get those mortgages and that would be the
                                                                  reason I’d be a bit cautious,” Davidson said.

                                                             Page 23
6 ST LEONARDS ROAD

            House prices nationwide are tipped to soar
              by 20 per cent over the next four years
                                   Article originally appeared on stuff.co.nz on June 16, 2019

“If you’re a first home buyer or would-be first home                “For people who are investing, there’s not so much
buyer who is currently renting and wants to buy – any               competition at the moment,” King said.
house price growth is not the greatest for you because it           “People are in different situations and the type of
means you’ve got to save that bit more of a deposit.”               property you buy varies – you have to think about your
“If you’re looking at it from a purely financial point of           own circumstances and take into account the political
view, then the incentive is to get in as fast as you can in         environment.”
a rising market.”                                                   First home buyers are being pushed to the rural
However, a house was more than a “financial thing”                  outskirts of the region by house prices that refuse to
and other factors had to be taken into account such as              budge, according to data from the Real Estate Institute.
budget, location and what felt right for a buyer, he said.          Figures released yesterday reveal a 30 percent increase
A lot of home owners at the moment were choosing to                 in first home buyer demand in the Franklin region over
sit tight and renovate, rather then trade-up, he said.              the last 12 months. Franklin is a predominantly rural
“Our expectation is that the market ticks along for a               area located at the southernmost edge of Auckland.
year or two, not going too far in any direction – not               House prices have meanwhile stagnated, with a
going down but not going up too strongly.”                          median price of $860,000 a slight increase of 1.2
Bindi Norwell, chief executive of the Real Estate                   percent from 12 months ago.
Institute of New Zealand (REINZ), said Treasury’s                   More than 30,000 people have already left Auckland
forecast was not unreasonable.                                      for other parts of the country for cheaper housing in the
The economy was good and despite it being difficult to              four years to 2017.
get funding from the bank, interest rates were low, she             Economist Benje Patterson said two thirds of the
said.                                                               exodus were to Northland, Waikato and Bay of Plenty,
With Capital gains tax off the table, people were                   he said after publishing a report on the topic.
probably continuing with their purchases, especially                Aucklanders heading to the regions caused an increase
investors, she said.                                                in property prices in regional New Zealand, but they
​ uying a house was a long term gain so she suggested
B                                                                   would also be spending money and adding to the local
people took their time and entered the market when it               economy, Patterson said.
was right for them.                                                 A lot of people moving were young and “industrious”
Predicting house prices was extremely difficult,                    with working years ahead of them, he said.
according to Andrew King, executive officer of the New              This would keep regional enterprises going in regions
Zealand Property Investors’ Federation.                             where there was an older workforce, he said.
There were many variables - with human nature being                 “There is a net benefit for districts even though there is
the biggest.                                                        an increase in cost of housing in the short run,”
He believed the forecast was on the high side, with                 Patterson said.
properties prices seeming to be stabilising.                        Patterson encouraged people to not be shortsighted in
King did not think people should panic but suggested it             their decisions and to think about making a
was a good time to get into the market or start looking.            “sustainable life choice” instead of just looking at
                                                                    cheaper house prices, he said.

                                  Building the Most Liveable Country
                                                               Page 24
6 ST LEONARDS ROAD

                              A Big Problem
                             We Are Solving...

                  An Opinion by Matthew Horncastle, Managing Director

  There is a big problem and culture shift across the Western World, but especially strong in
      New Zealand. This big problem is long term and will take generations to resolve.

› People are wanting a lower mortgage,             › People want a lower environmental impact
  so they can invest more in the things
                                                   › People want to spend less time commuting
  that stimulate them emotionally,
  mentally and spiritually                         › The cost of land and construction
                                                       continue to rise
› We are having smaller families
                                                   › Trending loneliness, when people
› There are more single people
                                                       want stronger communities
› People want higher quality homes
                                                   › Global population will exceed 11 billion
› There is a waiting list of migrants                  before the end of the Century
  wanting to move to New Zealand
                                                   › The Cities are attracting the majority
› There is poor quality housing in                     of population growth
  existing suburbs that need replacement
                                                   › People with money, want a better
› We have accepted an inefficient                      return than the Banks offer and
  standard of housing as the norm                      tenants want a rental they can afford

We feel our homes do an amazing job of helping this big problem
and really appreciate our customers for being the solution.

                                             Page 25
6 ST LEONARDS ROAD

                                 Why Buy in Auckland?
                                       What the Property Market
                                        Holds in Store for 2019
                              Article originally appeared on nzherald.co.nz on December 29, 2018

Auckland home buyers need to get in quick - city house           Dominick Stephens, chief economist with major bank
prices could leap to record highs by this time next year,        Westpac, also believes a fall could be coming.
one property pundit predicts.
                                                                 He said while there had recently been a small uptick in
Infometrics economist Paul Barkle says that while                Auckland prices due to buyers having access to record
Auckland house prices have stagnated for close to two            low interest rates, his team “unambiguously” anticipated
years they are set for an almost 10 per cent jump next year      this would be temporary.
followed by sustained increases through to mid-2022.
                                                                 “Later next year, changing tax policies will impact the
Behind the forecast price rise is an acute shortage of           market, and we firmly anticipate that house prices will
houses. By Barkle’s estimate the city needs at least             fall when mortgage rates (eventually) rise,” Stephens said.
45,000 more homes.
                                                                 OneRoof editor Owen Vaughan also believed the greatest
But the news is not so rosy for homeowners outside the           risk to prices could come from the introduction of new
Super City, with national prices poised to ease next year        taxes.
from current record highs.
                                                                 “The big unknown for Auckland, and the rest of the New
“By the end of next year we expect house prices in               Zealand, is whether the Government will apply a capital
Auckland to be 9 per cent higher than in December 2018           gains tax across the board and remove the current tax
compared to a slight decline in national prices of roughly       breaks property investors enjoy,” he said.
1 per cent over the same period,” Barkle said.
                                                                 “Both moves could suck the oxygen out of the market.”
Should Barkle’s forecast play out, it would push
                                                                 Nick Goodall, head of research for analysts CoreLogic,
Auckland property values to new highs.
                                                                 on the other hand, expected prices to gently rise across
Last month, the city’s median price reached $867,000 -           New Zealand by between 3 to 5 per cent next year.
or 3.7 per cent below the record price of $900,000 set in
                                                                 He said Government moves to ban foreign buyers,
March 2017, according to the Real Estate Institute of NZ.
                                                                 impose new taxes on home owners and ensure landlords
National house prices, meanwhile, are already at record          spent money on their properties so they were healthy and
highs with a November median price of $575,000.                  warm for tenants all acted as brakes on house prices.

Not all pundits agree with Barkle’s upbeat forecast.             However, he tipped these would be offset by continued
                                                                 low interest rates in 2019, a slight loosening on lending
Devon Funds managing director Slade Robertson said
                                                                 criteria allowing banks to more easily approve home
New Zealand’s housing market was due for a fall, with the
                                                                 loans and Auckland’s continued undersupply of housing.
real question being: ‘Will it be a crash or a correction?’
                                                                 The key thing to watch would be whether new
He said strong economic growth since the Global
                                                                 Government taxes and regulations drove property
Financial Crisis had been driven by central banks
                                                                 investors out of the housing market or not, he said.
cutting interest rates and printing money.
                                                                 James Wilson, valuation director for analysts Valocity,
This access to cheaper loans helped send house prices
                                                                 echoed this sentiment, saying he expected Auckland
skyrocketing in many Western countries, including
                                                                 property values to remain subdued in 2019.
New Zealand where Kiwis have become so heavily
mortgaged that they labour under a household debt to             “Overall value growth will be in line with what we saw in
income ratio of 166 per cent.                                    2018 - between 1 per cent and 2 per cent,” he said.

Robertson noted that the growth cycle had turned in              “However, we may see more growth in fringe suburbs and
Sydney, Melbourne, London, New York and Vancouver                in certain sub-markets, such as flats and apartments,
where property prices were falling.                              which are comparatively more affordable than other
                                                                 property types.”
If this sag in investor confidence hit New Zealand and
combined with rising interest rates, then the housing
market could take a slump as Kiwi families falter under
their high debt loads, he said.

                                Building the Most Liveable Country
                                                            Page 26
6 ST LEONARDS ROAD

                         Williams Corporation
                       Warranty and Maintenance

On all new homes that Williams Corporation                  payments, the deposit is held in a Solicitor’s trust
build, we offer a 1 year defects period and a               account and our customers have a final inspection
10 year structural warranty, pursuant with the              before settlement, the Master Build Guarantee was
Building Act. Williams Corporation is a company             not the right structure for our business.
that will be around for a very long time, with
                                                            How do I get my maintenance completed?
large amounts of capital and assets being held
                                                            Make direct contact with any of the companies
in our development entity. We make a promise
                                                            mentioned in your Warranty and Maintenance
to our customers that we only buy reputable
                                                            Book. The Book is designed for you to be
brands from reputable suppliers, who carry
                                                            able to easily complete any maintenance.
their own strong warranties.
                                                            Alternatively, you may contact Williams
When you purchase a property, you will be                   Corporation at any time-details below. For the first
given a Warranty and Maintenance Book.                      year we will correct any defects, plus the property
This Book details and explains all the products             is covered under a 10 year structural warranty.
and systems involved in building your property              Further details about this Warranty can be found
and what warranty they carry e.g. roofing has               in your Agreement for Sale and Purchase.
up to a 30 year warranty, Hebel cladding has
                                                            Phone: +64 3 260 0604
up to a 20 year warranty and outdoor handles
                                                            Email: office@williamscorporation.co.nz
have up to a 10 year warranty.
                                                            We know you’ll be happy with the systems we
Why do Williams Corporation not use a
                                                            have put in place because we appreciate all our
Master Build Guarantee?
                                                            customers.
We’ve previously been involved with Master
Build and although we acknowledge it has some
fantastic points, it is more designed for the build
contract market. As we do not take progress

                                                      Page 27
6 ST LEONARDS ROAD

          The Differences Between a Residents
           Agreement and a Body Corporate
                               (for information purposes only)

Residents Agreement                                    Body Corporate
Townhouses, on Fee Simple Titles, are a safer          Apartments, are titled as Unit Titles and
and better long term ownership/investment,             by law, require a Body Corporate Management
when there is a Residents Agreement in place.          Agreement.

Reasons to have a Residents Agreement                  Purposes of a Body Corporate
Insurance: The Residents Agreement ensures
                                                       Insurance: The Body Corporate is responsible
there is an insurance policy in place for each
                                                       for the insurance of the building, as well as any
home, each year. There can be significant
                                                       common areas.
savings by getting the homes insured through
the same Insurance Broker/Company.                     Future Maintenance: The common areas
                                                       include the maintenance and repair of
Future Maintenance: The Residents
                                                       walkways, access areas, fences, gardens and
Agreement’s purpose is to ensure any common
                                                       sometimes rubbish collection and sometimes
areas are maintained and repaired, to protect
                                                       access lighting. Other areas of maintenance are
the value of the homes throughout their life.
                                                       visual areas such as walls and roof of the
The common areas can include walkways,
                                                       building and sometimes retaining walls.
access areas, fences, gardens and sometimes
rubbish bins. The Residents Agreement details          Compliance: Compliance is required for the
each owner’s obligations in relation to any            building, such as access and fire compliance
retaining walls and building elements.                 requirements.

Benefits of a Residents Agreement                      Benefits of a Body Corporate
A structure is set up, in advance, to control          A structure is set up, in advance, to control the
the insurance and future maintenance of the            management of the insurance and any common
common areas and visual areas. Funds are               areas and for visual areas such as cladding of
put aside, in advance, to pay for these.               buildings. Funds are put aside, in advance, to
                                                       pay for these.
How does a Residents Agreement Work?
The Residents Agreement states what                    How does a Body Corporate Work?
is to be done.                                         The rules are stated in a Body Corporate
                                                       Agreement.
The Residents Agreement requires a
common account to hold any funds for                   The Body Corporate annual costs are shown in
future repair and maintenance of any                   the Body Corporate Agreement.
common areas.
                                                       The Residents generally meet on an annual
The residents vote, using a majority vote,             basis and can vote and agree to use a different
at an annual meeting of the residents.                 Body Corporate management. Residents can
                                                       also vote on the matters that affect them.

                        Building the Most Liveable Country
                                                 Page 28
6 ST LEONARDS ROAD

    How to Purchase a Property
    from Williams Corporation

     Williams Corporation is extremely fast growing because of
     our honesty and integrity, plus our very simple process to
          purchase our properties, which is detailed below:

                                     1

              Contact your Sales Agent or a member of the
                Williams Corporation Team to confirm
                 availability of the specific property.

                                     2

Once you have selected a specific property, you are then provided with an
Agreement for Sale and Purchase of Real Estate (“Agreement”) (this is the
 approved Real Estate Institute of New Zealand and Auckland District
   Law Society form of Agreement used when purchasing residential
   property in New Zealand) and guided through the signing process.

                                     3

       Once all parties have signed the Agreement, you then have
         10 working days to conduct any due diligence and obtain
      finance. During the 10 working days, you need to correspond
        and obtain advice from your lawyer, accountant, property
      manager etc regarding the proposed purchase. If any queries
      arise, Williams Corporation are here to assist you. Just let us
      know the information - you’ll be surprised by all the ways we
           can help. If you are not satisfied, you may cancel the
        Agreement, for whatever reason, with no questions asked.

                                     4

            If you are satisfied, the Agreement is confirmed,
          then the required deposit becomes due and payable.

                                     5

              Once the property is completed and settled,
             Williams Corporation will be proud to provide
                     you with your new property.

                                Page 29
6 ST LEONARDS ROAD

                With Limited Options Available,
                 Make Sure You Enquire Today

Christchurch Office                               Auckland Office
Level 3, 79 Lichfield Street,                     Level 3, 12 Viaduct Harbour Avenue,
City Centre, Christchurch 8011                    Auckland Central, Auckland 1010
Phone 03 260 0604

Contact one of our Property Consultants

          Stephen Pike +64 27 524 5002                          Greg Freeman +64 21 220 9290
          stephen@williamscorporation.co.nz                     greg@williamscorporation.co.nz

          Matt Withington +64 27 496 6524                       Maxine Thomas +64 21 990 252
          matt.withington@williamscorporation.co.nz             maxine@williamscorporation.co.nz

          Mitchell Podmore +64 27 911 9769                      Dee Bull +64 27 435 7109
          mitchell@williamscorporation.co.nz                    dee@williamscorporation.co.nz

          Sharaine Barrett +64 22 621 0949                      Scottie Muirson +64 27 726 8843
          sharaine@williamscorporation.co.nz                    scottie@williamscorporation.co.nz

          Ben Cloake +64 21 087 87227                           Carl da Costa +64 21 807 771
          ben@williamscorporation.co.nz                         carl.dacosta@williamscorporation.co.nz

          Mandi Ussher +64 22 621 5758
          mandi@williamscorporation.co.nz

Find us on online

          facebook.com/WilliamsCorporation                      williamscorporation.co.nz

                         Building the Most Liveable Country
                                                Page 30
6 ST LEONARDS ROAD

                                        Testimonials

                                       Reviews taken from Google.

The game changers. Making            I have dealt with Matthew and        As a supplier to the Williams
likely the biggest positive impact   Blair on different occasions         Corp team we have found them
in the housing sector in NZ.         and have found them very             great to work with! Love what
Well done. With their amazing        approachable and down to earth.      they are doing to our city, they
quality at the most affordable       I strongly believe in their vision   are helping to make the city
level, delivered in a straight up,   in building Christchurch a very      better than it ever was. They use
no nonsense manner, it’s not         affordable place for home buyers.    high quality products and are
surprising. You can’t go             The quality of their build is very   always striving to find new
wrong. 5 stars++.                    solid, design is quite modern and    products and innovative ways to
                                     I will personally recommend          build better homes but also
— Steve Rolston
                                     anyone to buy a property             working hard to keep the price
                                     through them.                        affordable. Well done team.

                                     — Nathan Miglani                     — Nathan Moore

Truly a world class organization.    I have Always found this             A property development
Their loyalty to their craft,        company to conduct themselves        company that captures all levels
artistry, Market knowledge, skill,   and build their properties to a      of generations and provides
and customer service is second to    very high standard. They make a      unique innovative design of
none. I’ve done a lot of Business    priority in making sure both their   central city accommodation.
internationally with many            housing and customer service is      The 2 Masterminds behind this
different companies and I            the optimum. Great people that       are Matt and Blair, who have
couldn’t speak more highly of        go above and beyond and so very      great passion in living in the
Matt/Blair and the team at           personable as well.                  Christchurch city CBD. With
Williams Corp.                                                            some anchor projects finishing,
                                     — Yvonne Wallis
                                                                          their projects are likely to prosper
— Marcus Frisby
                                                                          and re-breathe new lives into the
                                                                          Garden City.

                                                                          — Pleayo Tovaranonte

Great team, great product, great     Recently attended a public           Great team to work for, love
passion. Their amazing success is    presentation by Matthew and          seeing what they’re doing around
not an accident and they deserve     Blair. A couple of young guys        Christchurch. Exceptional
to do really well. Keep it up.       with a great vision. They spoke      businessmen that really know
                                     from the heart and shared            what works. And love to get
— John Lodge
                                     personal highs and lows.             behind a good cause too! Thanks
                                     Insightful to understand their       for your sponsorship of our team
                                     view point - very impressed.         in the 2019 Relay for Life, raising
                                                                          money for Cancer Society.
                                     — Craig Haywood
                                                                          — Zoe Robertson

                                                    Page 31
6 ST LEONARDS ROAD

                     Here’s How New Zealanders Get Rich
                                       Article originally appeared on stuff.co.nz on February 26, 2019

Property investment is probably the closest anyone can get to           He said many people felt there was more domestic control
a legitimate “get rich quick” scheme.                                   over housing than other forms of investment, such as buying
It’s generally not all that quick to begin with, but once the           shares.
returns start rolling, investors increase their net worth at            “Housing is driven by local construction, bank lending and
speed.                                                                  the like, whereas stock markets can shift based on sentiment
Success often goes something like this: You save a deposit to           and a critical news story.”
buy an investment property (or use the equity in your own               Olsen said the stock market crash of 1987 had influenced a
home). You ride the wave as property values rise and give you           generation of New Zealanders away from shares.
more equity, or you renovate and add value to the place                 “They were uninformed about shares then and made bad
yourself.                                                               investment decisions, are still uninformed about shares, but
You then use the equity in that property to buy another, then           feel that they understand property much better, or at least feel
possibly another.                                                       they have better information or control over their
There are risks, of course. The market could tank and you               investment.”
could be left holding houses that are worth less than the               But investor Graeme Fowler, author of 20 Rental Properties in
mortgages you owe against them. You might have dodgy                    One Year, cautioned there was a lot to learn about investing.
tenants trash the place.                                                “There are a lot of potential things that can go wrong. If you
But it’s the main way that most New Zealanders get from                 look at any product, service, industry, there are people that
“average” to “pretty well-off, thanks for asking”.                      become multimillionaires through it and also those that don’t
                                                                        do well or even lose everything.”
Of the top 20 people on New Zealand’s rich list, almost half
built their wealth through property investment.
                                                                        WEALTH CREATION
Among them is Sir Michael Friedlander, worth $1.85 billion
                                                                        Mortgage adviser Glen McLeod, of Edge Mortgages, said there
with an “empire of office buildings, retail strips and industrial
                                                                        was a “direct corrWelation” between property investment and
properties,” according to the Rich List.
                                                                        wealth creation.
Even Rod Duke, who is better known for his investment in
                                                                        “The wise investor tends to know when to purchase and
retail business Briscoe Group, owns $50 million of residential
                                                                        collect property. They also know when to develop and sell to
and commercial property.
                                                                        continue to be able to grow the portfolio. Not every investor
                                                                        understands what is required to build wealth.
WHY?
                                                                        “I believe that property has been for a long time the best way
Property is such an effective route to wealth because
                                                                        to build wealth. When the market has dips and recedes, the
you don’t always have to have a lot of money to start off with.
                                                                        investor can ride it out with time and continue to grow the
Unlike shares, which you generally buy outright,                        asset value.”
you can borrow a significant amount against a property.
                                                                        He said the most important thing was to reduce debt and have
That leverage brings risk - if you had a 10 per cent deposit            strong cash flow to enable the portfolio to continue to grow.
and prices fell 10 per cent, your money would be wiped out.
But it also amplifies gains. If you had bought a median-priced          WOULD A CGT CHANGE ANYTHING?
Auckland house in 2012 with a 10 per cent deposit, you’d have           McLeod said he was unconvinced that a capital gains tax, as
turned that $55,000 deposit into $300,000-odd of equity.                recommended by the Tax Working Group, would mean any
Economist Brad Olsen, of Infometrics, said people who hit               fundamental change.
major financial success usually did so via property or a                “It may just be a mindset change, and realising that paying
successful business. But starting a business is less accessible         tax on profit would now be part of the state rug. If losses are
to most.                                                                ring-fenced to the company that may yet offset any tax
“A small business is also a lot more intensive in terms of              liability faced. I’m personally not a fan of CGT. I feel that if a
workload - you have to continue to innovate, otherwise                  New Zealander works hard to get ahead and builds wealth by
you’ll be left behind or a competitor will muscle you out,              working hard and taking a risk to invest in property and uses
and to be fair you also need a dose of luck with business               their income to reduce debt and see their capital value grow
generally. Whereas with housing you can simply just sit                 then those are the perks of working hard.”
there and watch it increase in value - in a growth market -             Olsen said it should not be assumed a lack of capital gains tax
after you’ve invested.                                                  was what had fuelled investment in property.
“The effort to reward ratio is a lot lower for housing,                 “Investing in property in New Zealand is often seen as a final
so it’s simpler to invest and make good returns for                     nest egg people can invest in. It’s viewed as more secure.”
limited effort compared to small business.”

                                     Building the Most Liveable Country
                                                                  Page 32
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