2 Tawera Place Limited: (2 Tawera Place, Te Anau, Southland)

By Opoly

PledgeMe.Investment

Property,



NZ $117,100 pledged


213 people pledged


7 days left


NZ $250,000 minimum target


Min

NZ$250,000

Max

NZ$250,000

46 46% Complete

Pledges will only be confirmed if the target is reached by: 25/10/2021 at 4:00 PM (NZDT)

Make a Pledge

About

2 Tawera Place Limited: (2 Tawera Place, Te Anau, Southland)

Invest in land with rising population growth from $100.

What is Opoly and how does land investment work?

Our goal is to provide investors with returns that are competitive when compared to yields in the term deposit market.

"While many people think putting their money in a bank is the safest option, sophisticated investors, however, know that banks are really one of the worst places to keep your money." - from Q Wealth Expert Evgeny Orlov

Land investment is the practice of buying a piece of land based on its potential for future sale, development or subdivision. If we choose the right areas, land is a resource with a supply that is always going down (after all, they aren’t making any more of it) and a demand that is constantly on the rise.



Above is a timelapse of the development taking place in Te Anau (Tawera Place).

Unlike most residential and commercial investments, land costs very little to maintain… no utility payments, no tenant problems, no termite infestations, no leaky faucets, no broken toilets, and if you buy it with Opoly, no mortgage repayments.

Our mission is to empower everyday kiwi's to become land owners.

Land banking in Te Anau

The Opportunity

Invest into a section with an established location which has rising population growth, and a shortage of available land.

"The population of Te Anau is on the rise, as both holiday-makers and permanent residents want to call the small town "home". Otago Daily Times reporter Laura Smith asks locals why they think that is and what it means for the Fiordland community. An influx of residents to Te Anau means the rural town is growing, and recent subdivisions have added to that population increase.

Fiordland College principal Lynlee Smith said enrolments were on the rise."

Source: Plenty to draw newcomers to Te Anau - Otago Daily Times

Nestled on the edge of the South Island’s largest lake, Te Anau is the spectacular stepping off point for those exploring the wilderness of Fiordland or those wanting to savour a place of peace and relaxation. It is also known as the gateway to Fiordland National Park and Milford Sound. 

Te Anau is located in the region of Southland. The region has been historically enjoying strong population growth, and is expeced to continue to rise. 


Source: City-Facts.com

 

The Property

This 821sqm, corner site is one of the few remaining sections in stage 2 of the Kepler Heights Subdivision. With all four services to the boundary (Water, Sewerage, Phone, Power) and title issued, this section is ready to be built on. It is located close to a large reserve with paths leading into town. 



Source: Realestate.co.nz

Property Market Inights - 5 Year Capital Growth (Te Anau, Southland)


Source: OneRoof

Capital growth, is an increase in the value of an asset or investment over time. It does not consider adjustments for Consumer-Price Index (CPI). Capital growth is measured by the difference between the current value, or market value, of an asset or investment and its purchase price, or the value of the asset or investment at the time it was acquired.

We note that market conditions may change during the term of the investment.

*Historical performance is not indicative of future performance.



Photos





 

About our Team

Felix Watkins (25) - Director
Felix has been immersed in Information Technology from a young age. He successfully ran a software development company, working with a range of clients globally. Previously Felix worked for BlockchainLabsNZ, where he audited smart contracts, ensuring quality control and providing detailed reporting practices. Following this, Felix was recruited as the lead technical specialist for Menlo One, a protocol for developing scalable decentralized applications. Felix previously also organised the Blockchain Wellington meetup group, a growing community with 1250+ members who meet on a monthly basis to discuss the implications of blockchain technology, and its important role in the future.

Isaac Williams (25) - Property Advisor
Isaac was previously an Institutional Equities Trader and Financial Analyst with Woodward Partners, in Wellington. During that time, he was responsible for Direct Market Access trading for the likes of ACC, NZ Superannuation and Milford Funds. He was also a part of major research projects and has good experience conducting financial modelling and analysis. After working in Institutional Finance, Isaac worked as a Commercial Property Broker for NZCPB. Isaac holds a Bachelor of Finance and is a Licensed Real Estate Agent by the REAA.

A note from PledgeMe

We have completed Veda checks on the companies, 2 Tawera Place Limited and Opoly Limited, and their Directors, as well as Google and Insolvency checks. There were no adverse findings.

Updates 3

A message to our 196 investors so far...

14/10/2021 at 4:03 PM

Time is starting to tick over as our Offer Close Date of 25th October is now only 11 days away.

We have reached 44% funding ($110,000) towards the acquistion of 2 Tawera Place, Te Anau, Southland.

This is a solid effort, however to meet the target and for this deal to go through succesfully, we still require an additional $140,000 invested to meet the minimum funding target of $250,000.

If everyone was theoretically able to double their pledge, we will all be well on our way to owning a share in this prime peice of land, as we anticipate growth in the area over the next 3 years.

If we do not crowdfund this section, it is highly likely it will be purchased by a high net worth who is able to capitalise on the growth of this area. 

Please share this new exciting crowdfunding model of investing into real estate with your friends and others, and let's make this deal a success!!

If you decide to invest you won't be required to make payment unless the minimum target is reached.

Sincerely,

Opoly Team

To all of our 162 INVESTORS…

09/10/2021 at 10:19 AM

We have collectively raised $85,200 among 162 investors for the purchase of 2 Tawera Place, Te Anau!

With only 16 days remaining, we have to raise anther 164,800 so we NEED everyone to either REINVEST or SPREAD the WORD about this amazing opportunity!

Overseas investors, developers and high net worth individuals are land banking in New Zealand right now. This is our chance to open up land banking to all KIWIS.

Please share our campaign with your friends to help us make this new exciting crowd funding model of owning property known.

As always, our lines are ALWAYS open, so feel free to contact us on [email protected] or 021 0859 2760 ANYTIME.

Cheers,

Opoly Team!

OPOLY UPDATE + PSA (25% FUNDED)

27/09/2021 at 11:25 AM

Kia ora everyone!

116 of you have chosen to invest in our second land banking deal in the town that plans to operate on it's own time ⌚😉

 

Overseas investors, developers and high net worth individuals are land banking in New Zealand right now. We're making it possible for everyday kiwi's to invest into New Zealand's land from $100.

PSA: Don’t forget you can invest more than the $100 minimum! 💵💵

 

We are excited for the next four weeks of the campaign, at this rate we will hit the target much sooner than then!

Please share our campaign with your friends to help us make this new exciting crowd funding model of owning property.known.

 

Cheers,

Opoly Team

    Details

    Offer Details

    Current Valuation 100
    Raise Minimum 250,000
    Raise Maximum 250,000
    Share Price 100.00
    Minimum Pledge 100.00
    Maximum Shares Offered 2,500
    Explanation of valuation:

    Financial Summary

    Prev Year Current Year Est. FY 2023 Est. FY 2024
    Revenue NZ $0 NZ $0 NZ $0 NZ $0
    Operating Expenses NZ $0 NZ $0 NZ $0 NZ $0
    EBITDA NZ $0 NZ $0 NZ $0 NZ $0
    Net Profit NZ $0 NZ $0 NZ $0 NZ $0

    Company Details

    Company Name: 2 Tawera Place Limited

    Company Number: 8130003

    Company Documents

    7._Certificate_of_Incorporation_-_2_Tawera_Place_Limited.pdf

    (application/pdf, 589 KB, uploaded 21 September 2021)

    6._Company_Extract_-_2_Tawera_Place_Limited.pdf

    (application/pdf, 392 KB, uploaded 21 September 2021)

    5._Management_Agreement_-_2_Tawera_Place_Limited.pdf

    (application/pdf, 346 KB, uploaded 21 September 2021)

    4._Shareholder_Resolutions_-_2_Tawera_Place_Limited.pdf

    (application/pdf, 99.2 KB, uploaded 21 September 2021)

    3._Subscription_Agreement_-_2_Tawera_Place_Limited.pdf

    (application/pdf, 1.91 MB, uploaded 21 September 2021)

    2._Company_Constitution_-_2_Tawera_Place_Limited.pdf

    (application/pdf, 275 KB, uploaded 21 September 2021)

    1._Information_Memorandum_-_2_Tawera_Place_Limited.pdf

    (application/pdf, 1.79 MB, uploaded 21 September 2021)

    Director Details

    Name Role Profile URL Invested?
    Felix Watkins Director https://www.linkedin.com/in/felix-watkins/

    Questions 3

    Ask a Question (You must login to ask a question)


    Why are you seeking to raise 250k of the ask is only 219k?

    And your fee of 4.22% appears to be coming from the purchase price but calculated monthly according to the management plan. Can you explain one off fee vs monthly fees as you could landbank for years?

    Posted on 23-09-2021 by Alexander Behse

    Hi Alexander,

    Thank you for your question.

    The Acquisition Fee to Opoly is a one-off fee built into the crowdfunding target of $250,000.

    Opoly does not charge any ongoing fee for the duration of the holding period.

    Please see Page 8 for full details of the fees, including council rates paid for 3 years in our Information Memorandum below:

    https://opoly.co.nz/wp-content/uploads/2021/09/1.-Information-Memorandum-2-Tawera-Place-Limited.pdf

    Cheers!

    Answered on 23-09-2021 by Opoly


    What impact does the bright-line test have on this sale? If yes, who foots the bill on the GST component, council rates and real-estate agents commission upon sale? Assume there is no interest expense given that there would be no need to borrow money?

    Posted on 24-09-2021 by Chris Merritt

    Hi Chris,

    Thank you for your questions.

    Please refer to our Taxation section on Page 10 of our Information Memorandum linked below:

    https://opoly.co.nz/wp-content/uploads/2021/09/1.-Information-Memorandum-2-Tawera-Place-Limited.pdf

    As the resale of the property is via private sale by negotiation there is no real estate agent commission.

    There is also no interest as there is no mortgage on the purchase of the property.

    Regards,

    Opoly Team

    Answered on 24-09-2021 by Opoly


    Will you get the one-off fee of 4.22% with the purchase of crowdfunding?
    If yes, what motivates you to sell this at a higher price in three years time?

    Posted on 18-10-2021 by Gayan Dissanayake

    Pledgers 213

    Roy Jesen
    2021-10-18 11:52:35 +1300
    Mary Ann Castro
    2021-10-18 10:21:59 +1300
    Pramod Rae
    2021-10-18 09:36:38 +1300
    Melissa Francis
    2021-10-18 07:45:20 +1300
    Jenni Topliss
    2021-10-18 07:21:53 +1300
    Justin Edwards
    2021-10-17 19:53:02 +1300
    Lyall Scheib
    2021-10-16 09:40:49 +1300
    Loretta Taylor
    2021-10-16 09:01:34 +1300
    Sophia
    2021-10-15 19:38:26 +1300
    Tara
    2021-10-15 19:06:16 +1300
    Martin Towers
    2021-10-15 15:36:10 +1300
    Karishma
    2021-10-15 13:25:58 +1300
    Kristian Paul
    2021-10-15 11:23:40 +1300
    Sarah Nelson
    2021-10-15 11:21:09 +1300
    [email protected]
    2021-10-15 11:20:11 +1300
    Margaret MARIE Sua
    2021-10-15 11:19:18 +1300
    Jane Bell - PledgeMe Delivery Facilitator
    2021-10-14 17:14:51 +1300
    Felix Watkins
    2021-10-14 15:48:33 +1300
    Chantelle Rickerby
    2021-10-13 21:00:15 +1300
    Vincent Sharp
    2021-10-13 17:06:11 +1300

    "Hey Bro, I bought you a house for your 30th. Love Daniel & Alex"

    Leigh Sage
    2021-10-13 11:06:40 +1300

    "second pledge"

    Arielle
    2021-10-12 19:36:34 +1300
    Jack Hagen
    2021-10-12 14:06:01 +1300
    Jackie Driver
    2021-10-12 09:41:42 +1300
    Kiana Ngatai
    2021-10-12 06:35:08 +1300
    Sarah Scrimshaw
    2021-10-12 00:50:57 +1300
    Prinay Reddy
    2021-10-11 22:20:30 +1300
    Kiri Tavaga
    2021-10-11 18:17:15 +1300
    Paul kelly
    2021-10-11 17:40:53 +1300
    Jana Harrison
    2021-10-11 15:26:07 +1300

    2 Tawera Place Limited: (2 Tawera Place, Te Anau, Southland)

    Invest in land with rising population growth from $100.

    What is Opoly and how does land investment work?

    Our goal is to provide investors with returns that are competitive when compared to yields in the term deposit market.

    "While many people think putting their money in a bank is the safest option, sophisticated investors, however, know that banks are really one of the worst places to keep your money." - from Q Wealth Expert Evgeny Orlov

    Land investment is the practice of buying a piece of land based on its potential for future sale, development or subdivision. If we choose the right areas, land is a resource with a supply that is always going down (after all, they aren’t making any more of it) and a demand that is constantly on the rise.



    Above is a timelapse of the development taking place in Te Anau (Tawera Place).

    Unlike most residential and commercial investments, land costs very little to maintain… no utility payments, no tenant problems, no termite infestations, no leaky faucets, no broken toilets, and if you buy it with Opoly, no mortgage repayments.

    Our mission is to empower everyday kiwi's to become land owners.

    Land banking in Te Anau

    The Opportunity

    Invest into a section with an established location which has rising population growth, and a shortage of available land.

    "The population of Te Anau is on the rise, as both holiday-makers and permanent residents want to call the small town "home". Otago Daily Times reporter Laura Smith asks locals why they think that is and what it means for the Fiordland community. An influx of residents to Te Anau means the rural town is growing, and recent subdivisions have added to that population increase.

    Fiordland College principal Lynlee Smith said enrolments were on the rise."

    Source: Plenty to draw newcomers to Te Anau - Otago Daily Times

    Nestled on the edge of the South Island’s largest lake, Te Anau is the spectacular stepping off point for those exploring the wilderness of Fiordland or those wanting to savour a place of peace and relaxation. It is also known as the gateway to Fiordland National Park and Milford Sound. 

    Te Anau is located in the region of Southland. The region has been historically enjoying strong population growth, and is expeced to continue to rise. 


    Source: City-Facts.com

     

    The Property

    This 821sqm, corner site is one of the few remaining sections in stage 2 of the Kepler Heights Subdivision. With all four services to the boundary (Water, Sewerage, Phone, Power) and title issued, this section is ready to be built on. It is located close to a large reserve with paths leading into town. 



    Source: Realestate.co.nz

    Property Market Inights - 5 Year Capital Growth (Te Anau, Southland)


    Source: OneRoof

    Capital growth, is an increase in the value of an asset or investment over time. It does not consider adjustments for Consumer-Price Index (CPI). Capital growth is measured by the difference between the current value, or market value, of an asset or investment and its purchase price, or the value of the asset or investment at the time it was acquired.

    We note that market conditions may change during the term of the investment.

    *Historical performance is not indicative of future performance.



    Photos





     

    About our Team

    Felix Watkins (25) - Director
    Felix has been immersed in Information Technology from a young age. He successfully ran a software development company, working with a range of clients globally. Previously Felix worked for BlockchainLabsNZ, where he audited smart contracts, ensuring quality control and providing detailed reporting practices. Following this, Felix was recruited as the lead technical specialist for Menlo One, a protocol for developing scalable decentralized applications. Felix previously also organised the Blockchain Wellington meetup group, a growing community with 1250+ members who meet on a monthly basis to discuss the implications of blockchain technology, and its important role in the future.

    Isaac Williams (25) - Property Advisor
    Isaac was previously an Institutional Equities Trader and Financial Analyst with Woodward Partners, in Wellington. During that time, he was responsible for Direct Market Access trading for the likes of ACC, NZ Superannuation and Milford Funds. He was also a part of major research projects and has good experience conducting financial modelling and analysis. After working in Institutional Finance, Isaac worked as a Commercial Property Broker for NZCPB. Isaac holds a Bachelor of Finance and is a Licensed Real Estate Agent by the REAA.

    A note from PledgeMe

    We have completed Veda checks on the companies, 2 Tawera Place Limited and Opoly Limited, and their Directors, as well as Google and Insolvency checks. There were no adverse findings.

    A message to our 196 investors so far...

    14/10/2021 at 4:03 PM

    Time is starting to tick over as our Offer Close Date of 25th October is now only 11 days away.

    We have reached 44% funding ($110,000) towards the acquistion of 2 Tawera Place, Te Anau, Southland.

    This is a solid effort, however to meet the target and for this deal to go through succesfully, we still require an additional $140,000 invested to meet the minimum funding target of $250,000.

    If everyone was theoretically able to double their pledge, we will all be well on our way to owning a share in this prime peice of land, as we anticipate growth in the area over the next 3 years.

    If we do not crowdfund this section, it is highly likely it will be purchased by a high net worth who is able to capitalise on the growth of this area. 

    Please share this new exciting crowdfunding model of investing into real estate with your friends and others, and let's make this deal a success!!

    If you decide to invest you won't be required to make payment unless the minimum target is reached.

    Sincerely,

    Opoly Team

    To all of our 162 INVESTORS…

    09/10/2021 at 10:19 AM

    We have collectively raised $85,200 among 162 investors for the purchase of 2 Tawera Place, Te Anau!

    With only 16 days remaining, we have to raise anther 164,800 so we NEED everyone to either REINVEST or SPREAD the WORD about this amazing opportunity!

    Overseas investors, developers and high net worth individuals are land banking in New Zealand right now. This is our chance to open up land banking to all KIWIS.

    Please share our campaign with your friends to help us make this new exciting crowd funding model of owning property known.

    As always, our lines are ALWAYS open, so feel free to contact us on [email protected] or 021 0859 2760 ANYTIME.

    Cheers,

    Opoly Team!

    OPOLY UPDATE + PSA (25% FUNDED)

    27/09/2021 at 11:25 AM

    Kia ora everyone!

    116 of you have chosen to invest in our second land banking deal in the town that plans to operate on it's own time ⌚😉

     

    Overseas investors, developers and high net worth individuals are land banking in New Zealand right now. We're making it possible for everyday kiwi's to invest into New Zealand's land from $100.

    PSA: Don’t forget you can invest more than the $100 minimum! 💵💵

     

    We are excited for the next four weeks of the campaign, at this rate we will hit the target much sooner than then!

    Please share our campaign with your friends to help us make this new exciting crowd funding model of owning property.known.

     

    Cheers,

    Opoly Team

      Offer Details

      Current Valuation 100
      Raise Minimum 250,000
      Raise Maximum 250,000
      Share Price 100.00
      Minimum Pledge 100.00
      Maximum Shares Offered 2,500
      Explanation of valuation:

      Financial Summary

      Prev Year Current Year Est. FY 2023 Est. FY 2024
      Revenue NZ $0 NZ $0 NZ $0 NZ $0
      Operating Expenses NZ $0 NZ $0 NZ $0 NZ $0
      EBITDA NZ $0 NZ $0 NZ $0 NZ $0
      Net Profit NZ $0 NZ $0 NZ $0 NZ $0

      Company Details

      Company Name: 2 Tawera Place Limited

      Company Number: 8130003

      Company Documents

      7._Certificate_of_Incorporation_-_2_Tawera_Place_Limited.pdf

      (application/pdf, 589 KB, uploaded 21 September 2021)

      6._Company_Extract_-_2_Tawera_Place_Limited.pdf

      (application/pdf, 392 KB, uploaded 21 September 2021)

      5._Management_Agreement_-_2_Tawera_Place_Limited.pdf

      (application/pdf, 346 KB, uploaded 21 September 2021)

      4._Shareholder_Resolutions_-_2_Tawera_Place_Limited.pdf

      (application/pdf, 99.2 KB, uploaded 21 September 2021)

      3._Subscription_Agreement_-_2_Tawera_Place_Limited.pdf

      (application/pdf, 1.91 MB, uploaded 21 September 2021)

      2._Company_Constitution_-_2_Tawera_Place_Limited.pdf

      (application/pdf, 275 KB, uploaded 21 September 2021)

      1._Information_Memorandum_-_2_Tawera_Place_Limited.pdf

      (application/pdf, 1.79 MB, uploaded 21 September 2021)

      Director Details

      Name Role Profile URL Invested?
      Felix Watkins Director https://www.linkedin.com/in/felix-watkins/

      Ask a Question (You must login to ask a question)


      Why are you seeking to raise 250k of the ask is only 219k?

      And your fee of 4.22% appears to be coming from the purchase price but calculated monthly according to the management plan. Can you explain one off fee vs monthly fees as you could landbank for years?

      Posted on 23-09-2021 by Alexander Behse

      Hi Alexander,

      Thank you for your question.

      The Acquisition Fee to Opoly is a one-off fee built into the crowdfunding target of $250,000.

      Opoly does not charge any ongoing fee for the duration of the holding period.

      Please see Page 8 for full details of the fees, including council rates paid for 3 years in our Information Memorandum below:

      https://opoly.co.nz/wp-content/uploads/2021/09/1.-Information-Memorandum-2-Tawera-Place-Limited.pdf

      Cheers!

      Answered on 23-09-2021 by Opoly


      What impact does the bright-line test have on this sale? If yes, who foots the bill on the GST component, council rates and real-estate agents commission upon sale? Assume there is no interest expense given that there would be no need to borrow money?

      Posted on 24-09-2021 by Chris Merritt

      Hi Chris,

      Thank you for your questions.

      Please refer to our Taxation section on Page 10 of our Information Memorandum linked below:

      https://opoly.co.nz/wp-content/uploads/2021/09/1.-Information-Memorandum-2-Tawera-Place-Limited.pdf

      As the resale of the property is via private sale by negotiation there is no real estate agent commission.

      There is also no interest as there is no mortgage on the purchase of the property.

      Regards,

      Opoly Team

      Answered on 24-09-2021 by Opoly


      Will you get the one-off fee of 4.22% with the purchase of crowdfunding?
      If yes, what motivates you to sell this at a higher price in three years time?

      Posted on 18-10-2021 by Gayan Dissanayake
      Roy Jesen
      2021-10-18 11:52:35 +1300
      Mary Ann Castro
      2021-10-18 10:21:59 +1300
      Pramod Rae
      2021-10-18 09:36:38 +1300
      Melissa Francis
      2021-10-18 07:45:20 +1300
      Jenni Topliss
      2021-10-18 07:21:53 +1300
      Justin Edwards
      2021-10-17 19:53:02 +1300
      Lyall Scheib
      2021-10-16 09:40:49 +1300
      Loretta Taylor
      2021-10-16 09:01:34 +1300
      Sophia
      2021-10-15 19:38:26 +1300
      Tara
      2021-10-15 19:06:16 +1300
      Martin Towers
      2021-10-15 15:36:10 +1300
      Karishma
      2021-10-15 13:25:58 +1300
      Kristian Paul
      2021-10-15 11:23:40 +1300
      Sarah Nelson
      2021-10-15 11:21:09 +1300
      [email protected]
      2021-10-15 11:20:11 +1300
      Margaret MARIE Sua
      2021-10-15 11:19:18 +1300
      Jane Bell - PledgeMe Delivery Facilitator
      2021-10-14 17:14:51 +1300
      Felix Watkins
      2021-10-14 15:48:33 +1300
      Chantelle Rickerby
      2021-10-13 21:00:15 +1300
      Vincent Sharp
      2021-10-13 17:06:11 +1300

      "Hey Bro, I bought you a house for your 30th. Love Daniel & Alex"

      Leigh Sage
      2021-10-13 11:06:40 +1300

      "second pledge"

      Arielle
      2021-10-12 19:36:34 +1300
      Jack Hagen
      2021-10-12 14:06:01 +1300
      Jackie Driver
      2021-10-12 09:41:42 +1300
      Kiana Ngatai
      2021-10-12 06:35:08 +1300
      Sarah Scrimshaw
      2021-10-12 00:50:57 +1300
      Prinay Reddy
      2021-10-11 22:20:30 +1300
      Kiri Tavaga
      2021-10-11 18:17:15 +1300
      Paul kelly
      2021-10-11 17:40:53 +1300
      Jana Harrison
      2021-10-11 15:26:07 +1300
      Equity Offer

      From NZ $250,000 for 100.0%

      Up to NZ $250,000 for 100.0%

      Share Offer

      Up to 2,500 Shares

      at NZ $100.00 per Share

      Warning statement about equity crowdfunding

      Equity crowdfunding is risky.

      Issuers using this facility include new or rapidly growing ventures. Investment in these types of business is very speculative and carries high risks.

      You may lose your entire investment, and must be in a position to bear this risk without undue hardship.

      New Zealand law normally requires people who offer financial products to give information to investors before they invest. This requires those offering financial products to have disclosed information that is important for investors to make an informed decision.

      The usual rules do not apply to offers by issuers using this facility. As a result, you may not be given all the information usually required. You will also have fewer other legal protections for this investment.

      Ask questions, read all information given carefully, and seek independent financial advice before committing yourself.