Overview Investment

The proposal is for the sale of our Huapai Showhome, in the form of an investment property, which is then leased back to Signature Homes West & North-West Auckland.

The lease agreement is for two years. Property management and maintenance and the costs associated with this, including phone, electricity, water, and garden & lawn maintenance are the responsibility of Signature Homes, for the duration of the lease period. Insurance of the home is the responsibility of the homeowner.

Showhome Investment

Cost of house and land (including landscaping) $1,550,000 including GST

Lease returns $55,000 p.a. ($1,057.00 per week)

Time Frames

Lease period

August 2023 – August 2025