Bournbrook
The opportunity at a glance
Invest in Signature Homes
Waikato’s Bournbrook showhome
31 Overton Street, Rototuna North, Hamilton
Commercial lease agreement
3 bedrooms, 2 bathrooms, 2 lounge, 1 study, 1 car garage
168m2 house size
522m2 section size
Rental return $69,000.00 incl. GST per annum, Instalments per month of $5,750.00 incl. GST
This proposal outlines details of the showhome and its environs, rental returns, details of the lease agreement and time frames.
Meet the team
Signature Homes has been in business since 1983 and, since then, we’ve built thousands of homes across NZ.
For 40 years the our name has been synonymous with quality, design and service. We’re Kiwi owned and operated, and our home collections are created to suit the requirements of our unique environment.
Signature Homes Hamilton & Waikato is one of the most sought-after and respected builders in Waikato, where no new build project is too big or too small.
Owned by Andrew Buttimore, Jamie Buttimore and Keir Bettley, this Waikato born-and-bred trio brings unrivalled new home experience to Hamilton & Waikato. The combination of their unique skills and experience in the construction industry enables them to provide a full-service building solution that is second to none.
The location Rototuna North
Welcome to Rototuna North, a beautiful, comfortable and easy place to live.
Hamilton’s new hotspot, Rototuna Village, is a high quality development, designed with community in mind. The thriving area provides a high standard of living for residents with an abundance of amenities on your door step including schooling, recreation space, retail and much more.
Priced from $1,150,000
BEDS 3
BATHS 2
LIVING 2
STUDY 1
CARS 1
HOUSE SIZE 168m2
SECTION SIZE 522m2
31 Overton Street, Rototuna North, Hamilton
Immerse yourself in modern comfort at the Bournbrook showhome, this stunning new build features a stylish blend of contemporary and timeless design with a neutral exterior and warm interior.
Take advantage of this unique opportunity to invest in a premium show home in Rototuna North, offering a guaranteed 6% return through a leaseback agreement. This contemporary designed and fully furnished property is located in the highly sought-after Rototuna North. This opportunity provides both financial security and significant potential for future appreciation.
Key Features:
Hassle Free Investment: Insurance, Rates, Cleaning, Power, Gas, Maintenance etc are fully covered by us. This ensures a truly hands-off investment, allowing you to enjoy the returns without the worry of ongoing expenses.
Prime Location: This show home is located in a sought-after neighbourhood, ensuring high demand and potential value appreciation.
High-Quality Construction: This home has been built to the highest standards, showcasing the latest in design and luxury finishes.
Fully Furnished: The property comes fully furnished with designer interiors, allowing for immediate rental income and ease of maintenance.
Design Features
The Bournbrook, a perfect haven, where modern design meets warmth and timeless style.
The inviting exterior colour scheme continues inside, creating a cohesive feel throughout the home. The open-plan layout seamlessly blends a beautifully appointed kitchen with warm wood tones, a dedicated study nook, and inviting living areas.
Three bedrooms with a luxurious ensuite and a stylish bathroom offer tranquillity, while the contemporary exterior in timeless white and beige creates an aura of clean elegance.
THE ZEN ZONE
A POP OF ARTWORK
S p ecifications Specifications
Colorsteel Endura longrun roofing, Trimform profile
Cladding is a mix of The Brickery ‘Origin’ single clay bricks & James Hardie ‘Oblique Linea’ vertical shiplap weatherboard
Dominator ‘Futura’ in Woodgrain/Smooth finish
Miro colour matched hardware ‘Residential’ suite joinery, powdercoated to standard PC1 colour range
Windsor Futura door hardware
Kitchen design by Mastercraft Kitchens
Fisher & Paykel appliances
Melamine cabinetry
50mm Laminate benchtop with square edge finish
Splashback pink sticker ‘Traditional’ Range tiles from Tiles on Devon, to full width of cooktop wall
Plumbing fittings sourced from Plumbing World
Tile selection based off our ‘Silver Essential’ Range
4kg carpet on 12mm underlay
Vinyl planking selected from Moduleo ‘Select’ Range
Robinhood ST3103 laundry tub
Fujitsu 18KNTA highwall heatpump to Living
Fujitsu 09KNTA highwall heatpump to Garage
Investment Overview
The proposal is for the sale of our Bournbrook Showhome, in the form of an investment property, which is then leased back to Signature Homes Waikato.
Sale Prices and Lease deals as at August 2024
Sale Price
Lease
$1,150,000.00 incl. GST (Includes all furniture)
$69,000.00 incl. GST per annum, Instalments per month of $5,750.00 incl. GST
We will cover all the costs, Insurance, Rates, Cleaning, Power, Gas, Maintenance etc. So that’s a clear 6% return.
Happy to discuss a discount in the sale price if the client is willing to reduce the lease amount.
Lease is for a minimum of 8 months, but we will have rights for 20 months, at least 3 months’ notice will be given if we want to extend to 14 or 20 months.
Building with New Zealand’s best building guarantees
Signature Homes is proud to offer New Zealand’s best building guarantees. We take great pride in our commitment to delivering exceptional guarantees that give our clients peace of mind during their build and well into the future.
FIXED PRICE AND NO HIDDEN EXTRAS GUARANTEE *
We understand that building a new home is a significant investment. That’s why we assure you that when you sign a contract to build with Signature Homes, you will have peace of mind knowing that the price specified in your building agreement will remain fixed with no hidden extras.
HOME COMPLETION GUARANTEE
Our Home Completion Guarantee provides 100% protection. In the unlikely scenario that our local Signature Homes franchise cannot complete your home, our Home Completion Guarantee will ensure your home is finished per the terms and conditions outlined in your Signature Homes Building Agreement.
GUARANTEED COMPLETION DATE
After pouring your concrete slab, we will provide you with a completion date. Having a set move-in date makes it easier for you to plan the sale of your current home or the final date of your rental agreement, arrange for moving trucks and the all-important housewarming celebration.
TWO-YEAR SERVICE GUARANTEE
Relaxing in your new home is even more comforting knowing you’re covered for nonstructural defects for two years. You can rest assured that such defects are unlikely, thanks to our quality assurance programme that we carry out throughout the construction process.
TEN-YEAR STRUCTURAL GUARANTEE
Our commitment to delivering quality homes is reflected in our Ten-Year Structural Guarantee. In the unlikely event of structural defects, our guarantee provides 100% coverage, ensuring your investment is fully protected.
TEN-YEAR WEATHERTIGHTNESS GUARANTEE
We have absolute confidence in both our builders and the quality of materials we use. In fact, we are so confident that we offer a Ten-Year Weathertightness Guarantee that all our homes will provide a comfortable, dry and healthy living environment well into the future.
All guarantees are subject to the Residential Indemnity Guarantee (RIL) terms and conditions.
* Our Fixed Price and No Hidden Extras guarantees are subject to the terms and conditions outlined in your Signature Homes Building Agreement.