Longview Investment

Longview, Lake Hawea Showhome investment opportunity

The opportunity at a

glance

The following proposal outlines an investment opportunity for a buyer to purchase our upcoming Showhome in Longview, Lake Hawea, to lease back to Signature Homes Queenstown Lakes & Central Otago in the form of a commercial lease agreement.

• Invest in Lake Hawea’s most prominent residential offering

• Showhome is located in a sought-after location

• Estimated completion date - December 2023 +/-

• Package priced at $1,199,000. Lease returns $53,599 per annum. Two-year lease (9% ROI)

• 3 bedrooms, 2 bathrooms, and 2 car garaging

• 176m2 home

• 501m2 land

• Mountain views

• Three minutes from the water’s edge

Signature Homes About

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 Queenstown Lakes & Central Otago is one of fourteen Signature Homes Franchises across New Zealand, and is owned and operated by Renee & Chris King.

Chris is a licenced building practitioner who brings a wealth of home construction knowledge to the region. Chris and Renee are proud Cromwell locals, who both actively work in the business on a day-to-day basis.

As a network Signature Homes has over twenty showhomes nationwide, with most sold and leased back to Signature Homes for an agreed period of time. We are known for taking great care of our showhomes, keeping wear and tear to a minimum so that, when the time comes for the owners to move in, it still feels like a brand new home.

Why invest in Longview,

Lake Hawea

Longview in Lake Hawea is a well-thought-out, master planned community which will eventually be home to 480 residences across 7 stages.

The development has 35 hectares set aside for future commercial development, with consents already in place for a childcare centre, a commercial centre with a licenced café and two recreation reserves.

Over time the developer, Universal Developments, plans to grow Longview into a significant commercial offering, servicing local needs and providing a broad range of commercial and community uses.

Lake Hawea is renowned for its recreational opportunities including boating, mountain biking, kayaking and walking. Access to Wanaka’s world-renowned ski areas is less than an hour’s drive away.

Showhome About the

Our Showhome sits on 57 Longview Drive (Lot 431), a prominent site within the development 57 Longview Drive offer’s a north-facing aspect that captures all-day sun, and mountain views. The home’s layout has been designed with outdoor living in mind, and open spaces to maximise the entire 176m2 footprint.

57 Longview Drive, Lake Hawea

Home: 176m2 | Section: 501m2

Showhome specifications

GUARANTEES

• Home Completion Guarantee

• 10-Year Structural Guarantee

• 10-Year Weather-tightness Guarantee

• 2-Year Service Guarantee

• No Hidden Extras Guarantee

• Fixed Price Guarantee

• Completion Date Guarantee

PRELIMINARY INFORMATION

• Fixed Price Contract

• Quality service and back-up from a nationally branded Franchise

• Free site inspection

• Guaranteed construction according to NZS3604

• Builders All-Risk and Liability Insurance Cover.

• Full Project Management.

• Fully landscaped.

• Building Consent fees included

KITCHEN

• Kitchen designed by Prime kitchens with live splash-back window

• Soft close drawers

• Coloured meltica cabinets with stone benchtop in kitchen

BATHROOM, ENSUITE, WC & LAUNDRY

• Clearlite Pinnacle wood grain 900mm white wall-hung vanities

• Mirrors to vanities

• LeVivi Milan tap-ware (black)

• LeVivi Milan slide shower

• Square tiled shower with custom glass screen in ensuite

• LeVivi Marbella freestanding bath in bathroom

• Clark round Alto II BTW WC suite

• Heiko toilet roll holders

• Ladder heated towel rail

• Built in laundry cabinets

ROOFING, FASCIA & SPOUTING

• Long run coloursteel roofing 5-Rib

• Coloured steel metal fascia and spouting

• Coloured steel metal downpipes

EXTERIOR CLADDING

• 5-Rib (vertical)

• Feature Lunawood (Vertical)

INSULATION

• Eco R2.8 insulated exterior walls (includes garage)

• Eco R3.6 insulated ceilings (including garage)

GARAGE DOOR

• Timber clad automatic garage door with two remotes

EXTERIOR JOINERY (DOORS & WINDOWS)

• Double glazed joinery (including garage)

• Powdercoated aluminium T&G entrance door

• Powdercoated aluminium exterior joinery

• Etchlite obscure glazing to bathroom, ensuite and WC where applicable

• Urbo colour-matched hardware

INTERIOR FINISHING DETAILS

• Extra height ceilings at 2.550m

• 10mm GIB Board walls

• 13mm GIB Board ceilings

• GIB Aqualine to ‘wetrooms’ stopped to a ‘Level 4’ finish

• Square stopped to ceilings

• Pine skirting to wet areas

• Pine door jambs and window reveals

• Three coat paint system

• Painted ‘Flush’ 2.200m extra height interior doors

• Windsor interior door handles

• Built in wardrobe shelving

FLOOR COVERINGS

• Timber flooring: Malmo Scandia LVT to bathroom

• Carpet: Belgotex Domainwith 11mm underlay

• Tiles to entry, kitchen & ensuite with tiled shower

APPLIANCES

• Fisher & Paykel S/S Intergrated Dishwasher DD60DI9

• Fisher & Paykel 90cm Ceramic Cooktop CE905CBX2

• Fisher & Paykel 60 cm 4 function oven OB60SC7CEX2

• Fisher & Paykel 90cm S/S integrated rangehood HPB9028-1

ELECTRICAL

• LED downlights

• Smoke alarms included

• 180L hot water cylinder

• Smart Wired Board included

• Ventilation to bathroom and ensuite (where applicable)

HEATING

• Mitsubishi Electric Ducted system

• PEAD-M140JAA 16kw heat 14kw cool

SITEWORKS

• Louvretec 200 Super Roof System

• Outdoor fire

• Fully landscaped

• Driveway, paths & harwood decking

Landscaping

Plan

The section is a flat, easy-care 501m2 site, which will enjoy all-day sun and a view of Lake Hawea’s mountains.

The landscaping plan is about maximizing the outdoor areas, including an outdoor fire, alfresco dining area, manicured lawns framed with colourful floral options and fragrant ornamental trees.

The new driveway will create a welcoming entrance, using hedging and a formal garden. The clothesline is thoughtfully placed, tucked away from view, surrounded by fragrant gardenia shrubs.

Overview Investment

The proposal is for the sale of our Longview Showhome, in the form of an investment property, which is then leased back to Signature Homes Queenstown Lakes & Central Otago.

The sale lease agreement is for a minimum of a 24-month period. During the lease period the Showhome will be staged, and immaculately presented to be used as a selling tool.

The agreement can be by way of a Deed Of Lease or a Residential Rental Agreement.

Guarantees Signature Homes

and meaningful residential building guarantees in New Zealand.

Home Completion Guarantee

Your payments to us are 100% secure, ensuring that you receive Your Home, Your Way, on budget, in accordance with the specification in your Building Agreement.

Two Year Service Guarantee

One of the best things about moving into a brand new home is the fact that you don’t have to fix up anything. You’ll receive a maintenance guarantee for two years, giving you more time to enjoy living in your home, rather than fixing it.

Ten Year Structural Guarantee

Your new home will stand the test of time.

Ten Year Weathertightness Guarantee

We have great faith in our builders and the products we use, so much so that we guarantee all our homes will be warm, dry and healthy to live in for years to come

No Hidden Extras Guarantee

We believe the price we give you up front should be the same price you pay. We guarantee that we won’t sneak anything else into your price, meaning there are no nasty surprises when it comes to building your dream home.

Guaranteed Completion Date

When we tell you when you can move into your new home, we mean it – otherwise we pay! Knowing exactly which date you will be moving in makes it easier to organise the sale of your existing home, or the final date of your rental agreement as well as moving vehicles and the all-important house warming.

Fixed Price Guarantee

At Signature Homes, we guarantee that the price we give you when you sign your Building Agreement is the same price you will pay for your new home, excluding any authorised variations. No nasty budget blow-o uts, no surprise costs and no scary extra fees

Why Build with Signature Homes

40-years in the making

Signature Homes is one of New Zealand’s longest serving home building companies with a focus on building quality and healthy homes while looking after our people and the environment.

With Signature Homes, you are partnering with experts that you can trust, creating a home you’ll be proud of, with price-certainty.When people tell us why they choose Signature Homes, they tell us it’s our team.

You’re in safe hands

Our reliability sets us apart. When you build with Signature Homes, we offer the most extensive building guarantees in the country. Meaning you, and your home, are protected throughout your build journey and into the future.

World-class customer satisfaction

A house is a big-ticket item, so it’s important that when you partner with us, the experience is seamless, enjoyable and satisfying. At Signature, we have your back every step of the way.

Using gold standard feedback metrics that we constantly assess, analyse and seek to improve our ways of working to create the best possible experience for our customers. Our aim is to exceed our customer expectations, always.

Build for the future

When you build with Signature Homes your construction emissions are mitigated by planting native trees for future generations to enjoy. Together we also raise vital fund to help save the kiwi.

Your Home Your Way

New Zealand owned and operated since our beginnings more than three decades ago, our dedication and commitment towards innovation, quality, and exceptional service spans generations.

In addition to our extensive range of home designs, Signature Homes also provide New Zealand’s leading design and build service, with the ability to create your forever home starting from scratch.

We’re with you every step of the way

Signature Homes Queenstown Lakes & Central Otago