We support offers by companies that have property businesses and projects, development projects in particular. If you’re planning to hold property longer term for investment returns we can discuss that with you.
Property companies might have a business that includes buying land and subdividing it only (“Stage 1”) and/or they might also include the next stage of building houses or other buildings on the land (“Stage 2”). The key documents we are expecting you to provide to investors for each stage are:
Stage 1: Buying land and subdividing:
Signed Sale & Purchase Agreement
Valuation report for the land and proposed lots from a registered valuer
Financial forecasts from a qualified accountant
Subdivision plan from the qualified planning consultant
Resource consent for the subdivision (or confirmation from the planner that the zoning permits the proposed subdivision).
Stage 2: Building houses or other buildings:
Valuation report for the lots/sections and completed value (including house) from registered valuer
Signed fixed price contract for building from a licensed builder
Floor plans for the buildings
Building consent & resource consent (if required)