Brochure TOHBC
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The Ordinary<br />
House Building<br />
Company<br />
New Zealand Housing Project
THE ORDINARY HOUSE BUILDING COMPANY<br />
MAKING THE FUNCTIONAL BEAUTIFUL<br />
<strong>TOHBC</strong> has created a synergy between expertise in property ownership, architectural design and construction. Our mission<br />
is to deliver a high quality and comprehensive service for home buyers through exciting designs by making the functional beautiful.<br />
We look beyond the conventional and mundane by harnessing the attraction of outdoor spaces with a convenience of inner city habitation,<br />
providing a blueprint for a contemporary living platform. Our designs are created to be visually appealing both internally and<br />
externally, highlighting our attention to design and flexible use of space to reflect the architectural design.<br />
Beginning the design journey through a meaningful analysis of customer expectations, our design team are able to understand the<br />
subtle complexities of everyday life and the functions of space. With this understanding of how spaces function on a day to day basis,<br />
our innovative designs aspire to bring our customers a sense of belonging.<br />
We believe that housing is a built environment with the sole purpose of enhancing our everyday habits. A house from <strong>TOHBC</strong> is your<br />
chance to share our vision of what contemporary living can offer. Timber and glass are just the raw materials used to build a space for<br />
you to live, grow and enjoy. However, by responding to human practices, physical boundaries can become a playful freedom... After<br />
all, the home is where the heart is.<br />
<strong>TOHBC</strong> understands the importance of social spaces within any housing development. We are driven by a clear philosophy that puts<br />
the community at the heart of our projects and promotes social environments by creating dynamic and diverse civic spaces.<br />
Driven by a dedicated team that provides a personal high end service and design standard, our tailored schemes reflect the needs of<br />
the community whilst continually striving to achieve innovative, efficient and elegant design solutions.<br />
NEW ZEALAND HOUSING PROJECT | PAGE 3
LOCATION<br />
Affectionately known as the ‘land of the long white cloud’ and famous for being 100% pure, New<br />
Zealand is steeped in natural beauty and abundant in cultural history. Separated almost in the middle by the Tasman<br />
Sea, the two islands that make up New Zealand are the result of extreme weather cycles and tectonic movement.<br />
Stemming from 700 years of Polynesian and Maori culture that place importance on family and links to the land,<br />
Auckland is a powerful example of the successful symbiotic relationship with man and nature. Voted the 8 th most<br />
liveable city in the world by the Economist in August 2016, New Zealand’s most populous city, you are literally<br />
in the shadow of tourist attractions such as mount Rangitoto, an extinct volcano, which is a short boat trip away.<br />
Kiwis, as they like to be known, enjoy a varied and active lifestyle benefiting from the countries outdoor beauty.<br />
From the internationally renowned ski slopes in Wanaka to the world class cycling tracks of Christchurch, New<br />
Zealand embodies stunning natural scenery with modern man made cities.<br />
New Zealand is quickly becoming a powerhouse of innovation and charisma by paving its unique way in the<br />
world of business and trade. Along with the dominant All Blacks rugby team the Silver Fern, which is emblematic<br />
of New Zealand’s culture, encapsulates the ‘give it a go kiwi attitude.’<br />
PAGE 4 | THE ORDINARY HOUSE BUILDING COMPANY
PAGE 6 | THE ORDINARY HOUSE BUILDING COMPANY
LOCATION<br />
Auckland is going places! With its’ exciting international profile<br />
and expanding population, Auckland is ranked third out of 223 world<br />
cities for quality of living in the 2016 Mercer Quality of Living Survey.<br />
Internationally known as one of the top 10 most liveable cities, it is quite<br />
simply the jewel of the southern hemisphere.<br />
Known as New Zealand’s gateway, Auckland airport flies to 46 destinations<br />
worldwide and accommodates 22 international airlines making it the<br />
2 nd largest airport in Australasia with an astounding 91% of international<br />
arrivals to NZ.<br />
Home to New Zealand largest university, Auckland ranked in the top 100<br />
universities in the world and number one in the country. It is also a member<br />
of the worldwide universities network with more than 4000 overseas students.<br />
With a huge media presence, Auckland’s screen industry last year was<br />
worth $3.2 billion and according to Auckland council “business is booming”<br />
with a large portion coming from overseas clients such as the BBC<br />
and Hollywood film companies.<br />
It is also celebrated as a top sports city with its basketball team and football<br />
team playing in the larger Australian leagues to the Auckland Blues rugby<br />
team based at New Zealand’s most famous stadium - Eden Park it is the<br />
rugby capital of the world helping New Zealand’s successful hosting of the<br />
rugby World Cup in 2011. Alongside a wonderful 328m tall iconic observational<br />
communications tower boasting a 360 degree restaurant called the<br />
Skytower. Also famous for the Americas cup sailing team, there’s not much<br />
you can’t do or see here.<br />
Home to bands like The Naked And Famous and the 90’s group OMC<br />
with their hit ‘How Bizarre,’ top bands originate and flourish here. When<br />
you add in the buzzing nightlife and wide choice of bars and restaurants,<br />
outdoor spaces, museums and galleries and great shopping precincts. It’s<br />
not difficult to see how Auckland’s relentless rise has been boosted by its<br />
extensive cultural, media, music and sporting scene making the city a<br />
popular place to live, work and invest.<br />
NEW ZEALAND HOUSING PROJECT | PAGE 7
PROJECT SPECIFIC<br />
The area in Auckland has been selected over many considerations, not least being<br />
the world’s 8 th liveable city as voted in the Economist 2016, through researching up and<br />
coming areas chosen by the government for regeneration projects.<br />
The current diversity of amenities that support the local community are thriving, with<br />
schools and colleges close by it would appeal to a wider ranging market. The choice of<br />
house design satisfies the majority of interest coming from the largest market of home<br />
buyers. This demographic is looking for a spacious house for children and with it storage,<br />
an outdoor area that maximises external activities and garage-able parking for those fun<br />
summer toys.<br />
With improved earthquake specific construction, the house has been designed using New<br />
Zealand’s most popular cladding material, timber weatherboard, and built to government<br />
standards which both enable the cost to be considerably lower than most competing designs<br />
and to ensure a high quality of construction and finish. With floor to ceiling windows<br />
and a large entrance, natural light floods the internal spaces illuminating the popular<br />
open-plan living style to create a bright and dynamic living space.<br />
NEW ZEALAND HOUSING PROJECT | PAGE 9
Auckland Population – June 2016<br />
4,184,600 4,223,800 4,259,800 4,302,600 4,350,700 4,384,000 4,408,100 4,442,100 4,509,700 4,595,700 4,693,000<br />
PAGE 10 | THE ORDINARY HOUSE BUILDING COMPANY
POPULATION INFO<br />
The population of Auckland is booming. In the past 10<br />
years the population has grown by over 500,000 people, with nearly<br />
100,000 of those between June 2015 and 2016. This is an astounding<br />
rise in population of 2% in only one year.<br />
Auckland is being readily populated due to both native Kiwis<br />
moving into the city in search of jobs and also a rising number of<br />
wealthy Asian immigrants moving to New Zealand, and particularly<br />
Auckland, to take advantage of the idyllic surroundings and<br />
incredibly high quality of life.<br />
This rise in population, and the type of the individuals making the<br />
move, all point to now being the prime time to invest in the property<br />
market in New Zealand. Outstanding quality, high specification<br />
houses are not just desired but are becoming a necessity to the thriving<br />
population of Auckland who want future facing architectural<br />
homes that they can be proud of.<br />
NEW ZEALAND HOUSING PROJECT | PAGE 11
Auckland House Prices<br />
2017<br />
2016<br />
2015<br />
2014<br />
2013<br />
2012<br />
$846,500<br />
$760,000<br />
$700,000<br />
$580,000<br />
$526,888<br />
$470,000<br />
$0 $250,000<br />
$500,000 $750,000 $1,000,000<br />
PAGE 12 | THE ORDINARY HOUSE BUILDING COMPANY
HOUSE PRICES<br />
House prices in Auckland are more than 80% higher than<br />
they were just 5 years ago. This extraordinary spike in house prices<br />
shows that the demand for property in this flourishing city is at an<br />
impressive high. Paired with the steady increments in house value<br />
over the past 5 years all indications show that the housing market<br />
is very strong.<br />
Investing in property in New Zealand at this time is not only a<br />
safe choice but also one which will inevitably be highly profitable.<br />
With the current trend in house prices, the future is positive and<br />
lucrative for those who capitalize at the right time, that time is<br />
now. We want to help you be part of this rapidly increasing market<br />
by offering our project as a simple and effective way to positively<br />
exploit this economic boom.<br />
NEW ZEALAND HOUSING PROJECT | PAGE 13
New Zealand Unemployment Rate<br />
5.5<br />
5.2<br />
5.2 5.5 5.4 5.5 5.5<br />
5.0 5.2 5.0 4.9<br />
2014<br />
2015<br />
2016<br />
Regional Contribution to Employment Growth<br />
Auckland The Bay of Plenty The Wellington Region (3.0%)<br />
49.0% 5.7%<br />
0% 50% 100%<br />
PAGE 14 | THE ORDINARY HOUSE BUILDING COMPANY
EMPLOYMENT INFO<br />
Unemployment in New Zealand has dropped to its lowest<br />
rate in the past 8 years, to only 4.9%. The majority of jobs in New<br />
Zealand can be found in Auckland, making it the prime hotspot<br />
for property. With the economy of New Zealand expected to grow<br />
steadily over the next several years, more jobs will become available<br />
in Auckland and the demand for housing will grow exponentially<br />
with the rise in the economy.<br />
The ever rising population also lends to an increase in job prospects<br />
for New Zealand. The government are incredibly keen to open<br />
up their workforce to migrants and look to target foreigners from<br />
abroad to come and work in cities like Auckland. Kiwi’s understand<br />
that a diverse workforce is key to a thriving business and this open<br />
door policy only helps to boost the need for housing within these<br />
key player cities.<br />
NEW ZEALAND HOUSING PROJECT | PAGE 15
QUALITY OF LIFE<br />
Auckland is known across the globe for its astoundingly<br />
high quality of life. In a recent international survey, Auckland was<br />
ranked third best city in the world in terms of lifestyle and inhabitant<br />
satisfaction. The survey considered numerous important factors<br />
including economic environment, cultural freedom, standard of<br />
education, health services, environment and, of course, housing.<br />
In keeping with this New Zealand has also been ranked 8 th in the<br />
World Happiness Report 2017, published by the UN. These statistics<br />
unquestionably speak for New Zealand’s inexhaustible spirit.<br />
In another recent survey, 99% of people in New Zealand believed<br />
that they know someone that they could rely on in a time of need.<br />
New Zealand is truly built with community in mind and offers a<br />
strong and secure base for new and existing families.<br />
This illustrious balance between the lifestyle available in Auckland,<br />
and the natural beauty of New Zealand itself, creates an understandable<br />
and cogent pull for people seeking a new life.<br />
PAGE 16 | THE ORDINARY HOUSE BUILDING COMPANY
NEW ZEALAND HOUSING PROJECT | PAGE 17
DEVELOPERS<br />
DARREN PADDOCK - New Zealand Managing Director<br />
With a background in technical site experience and two degrees [with<br />
honours] from the UK in 3D Design & International Architecture. Darren’s expertise<br />
empowered him to develop and grow this skill set over a short period of almost six years<br />
after moving to New Zealand during the 2011 Rugby World Cup to progress his career<br />
in architecture and 3D design.<br />
During these last five years, Darren has enjoyed a myriad of projects ranging from government<br />
social housing, Housing New Zealand, to the largest home builders in New Zealand,<br />
Mike Greer Homes. Alongside the foremost engineering and surveying company, Fletcher’s,<br />
to education, Kauri Montessori Primary School giving him experience in many different<br />
aspect of the complicated industry of design & build.<br />
In May of 2014, spotting a gap in an incredibly progressive housing market in Christchurch<br />
following the 2011 earthquake, he and a fellow business partner started a 3d rendering<br />
and architectural design company. The advantage of this lies in the network of contacts<br />
built up over his time working in and around the length of the country.<br />
PAGE 18 | THE ORDINARY HOUSE BUILDING COMPANY
DEVELOPERS<br />
MICHAEL AKERS - UK Managing Director<br />
With a £2.5 million property portfolio, Michael is no stranger to real<br />
estate investment and development. At the age of 21, Michael purchased his first development<br />
project and has not looked back since. Over the last 15 years, Michael has developed<br />
his property portfolio through sheer hard work and determination. He has navigated his<br />
investments through a multitude of housing markets still maintaining his passion and<br />
drive for property. His portfolio has been independently grown from a stand alone rental<br />
property to a lucrative, highly profitable company comprising of domestic, commercial and<br />
multiple occupancy lettings. Michael had had hundreds of tenants over this time and prides<br />
himself on providing high quality lettings whilst consistently amassing a rewarding profit.<br />
Alongside the property portfolio, Michael has also been the CEO for a successful housing<br />
services company for the last ten years. This includes services such Energy Performance<br />
Certificates, Gas Safety, real estate photography and previously a successful nationwide<br />
Home Information Pack provider until the British government pulled this initiative in<br />
2011. Michael strives for excellence in all his business endeavours and has the drive and<br />
motivation to ensure a financially profitable outcome. Michael has proved that with hard<br />
work, commitment and a natural business acumen, successful business can be built and<br />
money made. It is Michael’s aim to capitalize on the current market growth in Auckland<br />
whilst demand is so high. He believes that the appeal of this region is expanding at a pace<br />
that cannot be ignored and feels that this investment opportunity is too great to pass up.<br />
Michael is, and always will be, focused on maximizing profit and is confident he can<br />
deliver with an impressive turnaround.<br />
NEW ZEALAND HOUSING PROJECT | PAGE 19
PAGE 20 | THE ORDINARY HOUSE BUILDING COMPANY
THE PROPERTY ITSELF<br />
With a cutting edge contemporary style, this open-plan<br />
design showcases a stunning four double bedroom layout that encourages<br />
a convenient and flexible living experience. The floor to ceiling windows<br />
and large entrance space, including a cloakroom, provoke natural sunlight<br />
to flood the internal spaces, illuminating the popular open-plan living style<br />
creating a bright and dynamic living space.<br />
The elongated north facing living, dining and kitchen is the perfect space<br />
for entertaining family and friends and opens directly out to the garden<br />
creating that amazing indoor/outdoor atmosphere that we love to enjoy.<br />
This layout provides room for playing with children and enjoying each<br />
other’s company whilst having the sensation of space and freedom to move<br />
around freely without bumping into one another.<br />
You will find lots of room to create your culinary masterpieces in the large<br />
kitchen and store all of your utensils in the island bench or the ample space<br />
provided in wall cupboards. The butlers pantry offers a plentiful amount<br />
of storage space for food and includes a second sink for washing dishes and<br />
food preparation making it a saviour for those whom live busy lives and<br />
have last minute visitors.<br />
There are double bedrooms with built in cupboards and a master bedroom<br />
complete with large walk in wardrobe, en-suite and sliding door to the<br />
garden, this design will appeal to young professionals and families alike.<br />
With modern living and hectic lifestyles in mind, additional storage has<br />
been included close to the garage and bathroom in the shape of a separated<br />
linen and storage cupboard for those extras that need a home. Similarly, the<br />
laundry has been neatly tucked away beside the garage and has an external<br />
door for ease of access to the service court and washing line etc.<br />
The fixture and fittings chosen aim to reflect the modern layout and promote<br />
the high quality that <strong>TOHBC</strong> continuously endeavour to achieve. Floor to<br />
ceiling tiled shower to the ensuite and engineered timber planks to the other<br />
wet areas gives this design a real sense of quality and durability. We believe<br />
the ‘devil is in the detail’ which is why right down to the light switches<br />
and plug boxes, care and attention has been devoted in accomplishing the<br />
immaculate finish that <strong>TOHBC</strong> are known for.<br />
NEW ZEALAND HOUSING PROJECT | PAGE 21
SPECIFICATIONS<br />
Doors: Paint finish Flush Panel or Grooved MDF<br />
Doors, Gib sliders to storage and robes Cavity<br />
sliders and open tops as per plan.<br />
Entry Door: Aluminium Frame, Parkwood wood<br />
grain flush panel - Paint Grade Door.<br />
Hardware: Bailey Lever Set (Privacy lock to<br />
bathroom(s). Bailey Lever Set with deadlock (front<br />
door). Windsor Door Stops and Satin Chrome Hinges.<br />
Windows: Powder Coated Aluminium, Double<br />
Glazing (excluding garage). Colourmatched<br />
hardware. Obscure glass to wet areas (bathroom<br />
and ensuite).<br />
Garage Door: Coloursteel Sectional Flat panel or<br />
Ribline Door & Opener with two Remotes.<br />
Flooring (Carpet): Godfrey Hurst “Adams II” over<br />
95 kg underlay and install supplied.<br />
Flooring (Tiles): MGH Standard Range to Entry,<br />
Kitchen W.C, Bathroom, Ensuite, Laundry and<br />
Kitchen splashback White Gloss subway tiles.<br />
Window Coverings: Drapes not supplied.<br />
Shelving: PC $2000.00<br />
Electrical: See electrical schedule.<br />
TV Jacks: 3 Included.<br />
Phone Jacks: 3 Included.<br />
Alarm: Pre-wire for alarm allowed only.<br />
Heating: Fujitsu ASTG18L Wall Mounted 6 kW<br />
Heatpump. Undertile heating to Bathroom & Ensuite.<br />
Water Heater: 300L Atlantic Premium Series<br />
mains pressure HWC.<br />
Painting: Dulux Tradeline. Ceilings – Flat Finish.<br />
Walls & Exterior – Low Sheen Finish. Doors,<br />
Reveals & Bathrooms – Enamel Finish. 4 Colours<br />
from a White Base only allowed. Picking out<br />
of skirting’s or any trim in a separate colour is<br />
additional to the contract.<br />
Drainage: Sewer and Stormwater connected to<br />
existing laterals.<br />
Services: Water, Power and Phone are<br />
connected at the boundary.<br />
Insurances: Builders All Risk & Public Liability<br />
Insurance.<br />
Guarantees: 10 year Standard Masterbuild<br />
Guarantee (Defects and Maintenance).<br />
Structure<br />
Concrete: NZ3604 foundation.<br />
Framing: Kiln dried pine & treated as per NZBC,<br />
90 × 45 & 90 × 35.<br />
Ceiling Battens: Kiln Dried Pine 70 × 35.<br />
Main Cladding: NZ Brick: Everyday Life, Earth or<br />
Riverview Range. Midland Brick: Classic, Aspire<br />
and Estate Range 70 series brick, with grey<br />
mortar.<br />
Feature Cladding: James Hardie Linea Board.<br />
Roofing<br />
Roof: Coloursteel Longrun Corrugate.<br />
Fascia: Coloursteel.<br />
Guttering: Coloursteel.<br />
Downpipes: Coloursteel.<br />
Flashings: Coloursteel Flashings as per<br />
NZS3604.<br />
Interior Lining<br />
Insulation: R2.6 Wall Insulation, R3.6 Ceiling<br />
Insulation (excluding garage).<br />
Plasterboard: Standard 10 mm. Water Resistant<br />
Plasterboard (Bathroom(s)).<br />
Stopping: Grade 4 Paint Finish.<br />
External Corners: Softline or square finish.<br />
Skirting: 60 × 12 MDF.<br />
Kitchen<br />
Oven: Smeg SA579X 60 cm built in s/s oven.<br />
Hob: 60 cm touch control ceramic<br />
Cooktop BC60CTB.<br />
Dishwasher: Smeg 60 cm Dishwasher DWA6214S.<br />
Rangehood: 90 cm Rangehood BRT90SS.<br />
Waste Disposal: Emerson E20 waste disposal.<br />
Sink Mixer: Grohe Bauflow Kitchen Mixer<br />
Drawers: With cutlery inserts.<br />
Cupboards: Pre-finished doors. 2 mm PVC to all<br />
edges. Satin Chrome Handles.<br />
Bench Surface: Formica Tops.<br />
Kitchen Joinery: PC Sum $9000.00 inc Gst.<br />
Bathroom<br />
Bathroom Shower: 1 m × 1 m Showerwell Beta<br />
Shower Flat Wall, Acrylic Tray, safety glass door<br />
and return with chrome extrusion. 1 × glass shelf.<br />
Vanity: 900 mm Belle Wall Hung Vanity. (White)<br />
Mineral Cast Top.<br />
Toilet: Belle Back to Wall Suite with soft close<br />
seat and cover.<br />
Bath: Newbury Island 1675 × 760 mm bath<br />
(if applicable).<br />
Tapware: Grohe Bauflow basin mixer and shower<br />
mixer. Tempesta Cosmo 1003F slide shower,<br />
Grohe bath mixer and Grohe Bauflow bath spout.<br />
Mirror: Polished Edge Mirror over Vanity.<br />
Toilet Roll Holder: Heirloom Kubix.<br />
Ensuite<br />
Ensuite Shower: Tiled shower with 10 mm<br />
safety glass door and return with chrome<br />
extrusion. 1 × glass shelf.<br />
Vanity: 900 mm Belle Wall Hung Vanity. (White)<br />
Mineral Cast Top.<br />
Toilet: Belle Back to Wall Suite with soft close<br />
seat and cover.<br />
Tapware: Grohe Bauflow basin mixer and shower<br />
mixer. Tempesta Cosmo 100 3F slide shower and<br />
Grohe Bauflow bath spout.<br />
Mirror: Polished Edge Mirror over Vanity.<br />
Toilet Roll Holder: Heirloom Kubix.<br />
Laundry<br />
Aquatica: Laundry Tub.<br />
Landscaping<br />
Driveway: Asphalt inc sump.<br />
Drop down kerb: N/A<br />
Fencing: ½ Share standard timber paling<br />
boundary fence.<br />
Internal Fence: 1.8 horizontal trellis and<br />
2 × timber gates.<br />
Patios: Exposed Aggregate.<br />
Back path: Broomed concrete.<br />
Clothesline: Austral Retractaway 40 clothesline.<br />
Letter Box: Box design urban.<br />
Planting: Minor planting included.<br />
Lawn: Hydro-seeded lawn.<br />
Exterior plumbing: 3 × taps.<br />
NEW ZEALAND HOUSING PROJECT | PAGE 23
1.4x0.9 (Flat<br />
Wall<br />
Proprietary)<br />
Tiles: 1.91 m 2<br />
COMPARABLES<br />
$895K<br />
Tiles: 5.04 m 2 Tiles: 3.52 m 2<br />
office area<br />
5.80 x 5.60<br />
entry<br />
1.90 x 1.36<br />
kitchen<br />
3.18 x 3.18<br />
dining<br />
2.97 x 2.67<br />
810<br />
study<br />
2.12 x 1.37<br />
living<br />
5.85 x 4.07<br />
bathroom<br />
3.23 x 2.08<br />
1.0x1.0m<br />
(Crn Flat wall<br />
Proprietary)<br />
Tiles: 4.09 m 2<br />
FLOOR AREA OVER FRAMING<br />
& FOUNDATION:153.81 m 2 Tiles: 3.28 m 2<br />
ens'<br />
3.23 x 1.41<br />
bedroom 2<br />
3.23 x 2.90<br />
wir<br />
2.55 x 1.74<br />
master bedroom<br />
4.00 x 3.20<br />
bedroom 3<br />
3.10 x 2.90<br />
This modern 3 bedroom, 2 bathroom set in the newly developed<br />
Ryman subdivision the property sits upon a typical<br />
size section of 759sqm with a floor area of 245sqm. Located<br />
in the Valley district, this property is close to Valley Primary<br />
(Decile 8), Day care, Medical Centre, Train Station and only<br />
a two minute drive to the town centre.<br />
pantry<br />
dining<br />
3.50 x 2.53<br />
kitchen<br />
3.50 x 3.00<br />
RG<br />
living<br />
5.53 x 4.00<br />
entry<br />
3.36 x 1.63<br />
STORE<br />
master bedroom<br />
4.03 x 3.25<br />
wir<br />
2.16 x 1.40<br />
LINEN<br />
HALL<br />
(1m wide)<br />
ens'<br />
3.24 x 1.40<br />
bedroom 2<br />
3.34 x 3.24<br />
ROBE<br />
Tiles: 5.43 m 2 Tiles: 5.48 m 2 Tiles: 3.29 m 2 Tiles: 3.43 m 2<br />
bathroom<br />
3.00 x 2.07<br />
$945K<br />
Set in the prestigious new Ryman Estate Village, this well<br />
designed modern home has all the features you would expect:<br />
4 bedrooms, 2 bathrooms, a separate living area, heat pump<br />
and plenty of storage space.<br />
double garage<br />
5.60 x 5.50<br />
810<br />
laundry<br />
1.91 x 1.44 wc<br />
dr<br />
1.91 x 1.00<br />
ROBE<br />
ROBE<br />
bedroom 4<br />
bedroom 3<br />
3.38 x 3.00<br />
3.38 x 3.00<br />
Designed to maximise the North facing outdoor living, with<br />
plenty of room for the family, and set on a very generous<br />
sized section. The open plan living with timber laminate<br />
flooring is also ideal for family living and looks fantastic!<br />
This house really does have it all.<br />
PAGE 24 | THE ORDINARY HOUSE BUILDING COMPANY
860<br />
810<br />
810<br />
710<br />
810<br />
810<br />
810<br />
860 860<br />
910<br />
860<br />
cabin hook<br />
$968K<br />
ENSUITE<br />
GARAGE<br />
710<br />
WIR<br />
710<br />
BEDROOM 4 BEDROOM 3<br />
BATH<br />
WC<br />
FFL + 225mm<br />
hwc<br />
ROBE<br />
ROBE<br />
HALL<br />
1m WIDE<br />
ENTRY<br />
BEDROOM 1<br />
ROBE LINEN STORE STUDY NOOK<br />
shelves<br />
PANTRY<br />
3.21 x 1.2m<br />
BEDROOM 2<br />
LIVING & DINING<br />
KITCHEN<br />
BUILD AREA OVER FRAME: 173.83 m 2<br />
810<br />
810<br />
810<br />
710<br />
810<br />
LAUNDRY<br />
Come and live in the new Ryman subdivision in<br />
Pukekohe. This modern four bedroom is the perfect<br />
place to call home for a growing family.<br />
Located in the Valley district, this property is close<br />
to Valley Primary (Decile 8), Day care, Medical<br />
Centre, Train Station and only a two minute drive<br />
to the town centre.<br />
With Darren’s experience and local knowledge of Auckland’s<br />
hotspot building opportunities, Darren will be highlighting key areas<br />
of subdivisions throughout Auckland where potential building prospects<br />
arise. Due to the changing nature of availability, once proposed investment<br />
is secured, we’ll work with our network of land surveyors to focus<br />
on obtaining the premium building plot for our investment property. As<br />
you can see from the comparables listed, the house price’s are stabilising<br />
consistently around the $850k - $1Mil NZD price. Therefore on our projected<br />
figures we’ve anticipated going for a quick sale and planned at the<br />
lower end of the spectrum.<br />
GSPublisherVersion 0.0.100.100<br />
NEW ZEALAND HOUSING PROJECT | PAGE 25
Conversion Rate<br />
$1 NDZ = £0.58 GBP<br />
£1 GBP = $1.70 NDZ<br />
NEW ZEALAND HOUSE DEVELOPMENT<br />
(New Zealand Dollars)<br />
Minus GST GST Included<br />
(UK Sterling)<br />
Minus GST GST Included<br />
SELL PRICE 760,870 875,000<br />
Plot Price 260,870 300,000<br />
Build Price 282,609 325,000<br />
Engineering Fees 8,696 10,000<br />
Council Fees 5,217 6,000<br />
Solicitors (2k UK GDP Assumed) 2,957 3,400<br />
Legal Charges 2,217 2,550<br />
Total Build Costs 562,565 646,950<br />
Investor Return (10% of Build Assumed GST Paid Upfront) 64,695 64,695<br />
Realtor Cost 15,217 17,500<br />
Marketing Price 4,435 5,100<br />
Accounting Costs 2,217 2,550<br />
Company Set Up & Incorporation 1,304 1,500<br />
Other Costs 87,869 91,354<br />
TOTAL COSTS 650,434 738,295<br />
POTENTIAL PROFIT 110,435<br />
Contingency 5% of Build Cost 38,043 43,750<br />
TOTAL COSTS 688,478 782,045<br />
LEFT OVER PROFIT 72,392<br />
SELL PRICE 447,570 514,706<br />
Plot Price 153,453 176,471<br />
Build Price 166,240 191,176<br />
Engineering Fees 5,115 5,882<br />
Council Fees 3,069 3,529<br />
Solicitors 1,739 2,000<br />
Legal Charges 1,304 1,500<br />
Total Build Costs 330,921 380,559<br />
Investor Return 38,056 38,056<br />
Realtor Cost Total 8,951 10,294<br />
Marketing Price 2,609 3,000<br />
Accounting Costs 1,304 1,500<br />
Company Set Up & Shut Down 767 882<br />
Other Costs 51,688 53,732<br />
TOTAL COSTS 382,608 434,291<br />
POTENTIAL PROFIT 64,962<br />
Contingency 5% of Build Cost 22,379 25,735<br />
TOTAL COSTS 404,987 460,026<br />
LEFT OVER PROFIT 42,584<br />
PAGE 26 | THE ORDINARY HOUSE BUILDING COMPANY
5%<br />
Contingency<br />
9.5%<br />
Profit<br />
14.1%<br />
Misc Costs<br />
71.4%<br />
Build Price<br />
NEW ZEALAND HOUSING PROJECT | PAGE 27
TIME SCALE<br />
OF TURN AROUND<br />
After the initial purchase of the land, the team will work<br />
incredibly quickly to ensure a fast turnaround for the project. The<br />
full build of each stunning house we estimate to take around six<br />
months. Our aim is to have all bases covered and prepared before<br />
and during the build to ensure the quickest turnaround possible.<br />
Although we are unable to guarantee a quick sale our intention is<br />
to market the property off plan and secure a buyer before completion<br />
so our target taking into account some time to sort through<br />
the important legalities, investors can expect their inputted money<br />
back, along with the accrued profit for investment within just nine<br />
to twelve months of when they first invest. This incredible turnaround<br />
on investment is higher than any bank account rate you can<br />
find and makes this project an incredibly worthwhile investment.<br />
PAGE 28 | THE ORDINARY HOUSE BUILDING COMPANY
SAFEGUARDING INVESTOR MONEY<br />
We know that our investors are the key to this project and we strive<br />
to offer a smooth and secure service throughout this project. In order to do<br />
so we have crafted an efficient and safe scheme to protect your money at<br />
all times. First and foremost we will ensure that each investor will receive<br />
a legal charge over the land and property. This charge means that we will<br />
not be able to sell the property on without also paying you.<br />
For extra security we will be keeping the money in the United Kingdom<br />
and only transferring certain amounts to New Zealand once each of our<br />
exciting milestones are met. In brief, these milestones are as follows:<br />
•<br />
Stage 1: Buying the land<br />
•<br />
•<br />
Stage 2: Building the property foundations<br />
Stage 3: Building the shell of the property<br />
and weatherproofing the site<br />
•<br />
Stage 4: The final fix – completing<br />
all other elements of the property<br />
This flexible approach allows you, the investor, to release your money into<br />
the project in carefully planned stages, thus emphasising our strong wish<br />
to safeguard your funds. This mutual trust will drive the project forward<br />
as we include you in our project step-by-step along the way.<br />
Throughout the build our team will give regular updates to our investors<br />
detailing the progress being made on the project. Darren will also be available<br />
for one-on-one video calls on site to show you live, and first hand,<br />
the build in progress. This ever present communication allows you to see<br />
exactly what is happening with your money as and when it happens. We<br />
believe that this synergy between our ground team and you will lend to a<br />
sense of clarity which we deem integral to the future success of our projects.<br />
NEW ZEALAND HOUSING PROJECT | PAGE 29
OFF PLAN SELLING<br />
Our remarkable development will be marketed off plan and will entice potential buyers before the<br />
property is even built. Buyers are desperate to buy property in this way as it means that they can plan ahead<br />
and save for their purchase whilst knowing they will have an amazing home at the end of the project. Selling<br />
our property in this way allows us to offer the buyers the option to choose certain stylistic aspects of their new<br />
home including kitchen and bathroom layouts and design. This personalised touch allows potential buyers the<br />
freedom to feel genuinely connected to the building process.<br />
For you, the investor, this scheme of payment is incredibly dependable as will know that our buyer is committed<br />
to the property as we are building it. We will secure a deposit from the interested buyers meaning that we<br />
can complete the project knowing that a buyer is ready to move into the house straight away. Combining this<br />
with the house being marketed in Auckland itself is bound to lead to quick turnaround. We wish to minimise<br />
time wasted in finding a buyer at the end of a build and will utilise this selling plan as a catalyst for the return<br />
of your funds and profit.<br />
PAGE 30 | THE ORDINARY HOUSE BUILDING COMPANY
NEW ZEALAND HOUSING PROJECT | PAGE 31
3 YEAR PLAN<br />
We’ve got big plans. We have confidence that our project will be a resounding<br />
success and we are eager to grow our company. We do however appreciate that everyone<br />
has to start somewhere. We want to make sure that we know exactly what we are doing<br />
so that we can go forward and continue to build property with true conviction. That’s<br />
why we plan to build just one property in our first year, before moving on to build three<br />
properties in our second year, ten in our third year and so on as we grow over time. We<br />
believe in the integrity of our business plan and we are certain that following this calculated<br />
strategy will lead to high capital gains for our investors.<br />
This systematic increase in production will be beneficial to us, the investors and potential<br />
buyers. We want to start slow but grow fast. We believe in the value of showcasing our<br />
ability to create stunning homes with a quick turnaround, whilst learning and developing<br />
along the way to build a truly exceptional brand.<br />
PAGE 32 | THE ORDINARY HOUSE BUILDING COMPANY
ESTABLISHING A TEAM<br />
We believe in creating a dedicated team of professionals who will support our cause and work hard to make<br />
this project a success. That’s why we will be working with specifically selected individuals to ensure that the<br />
work carried out on our properties will be of the highest standard. In New Zealand we will build up an intimate<br />
team of builders, estate agent and solicitor. We strongly believe that this small, but dedicated, team will foster<br />
a powerful work ethic directed toward the creation of our properties.<br />
We have extensive experience in crafting loyal and committed teams in the UK and have the means and enthusiasm<br />
to create a strong unit in New Zealand as well. The combination of Michael’s professional track record<br />
and Darren’s home grown knowledge put The Ordinary House Building Company in a position to facilitate a<br />
truly dynamic and trustworthy team. We will build our brand based upon a mutual respect for each key part of<br />
the process. Learning and encouraging each other to develop our team and reputation.<br />
PAGE 34 | THE ORDINARY HOUSE BUILDING COMPANY
CONTACTS<br />
michael akers<br />
UK Managing Director<br />
mob: +44 7884 024 731<br />
michael@tohbc.org<br />
m.a.akers@hotmail.co.uk<br />
Skype: akersmichael<br />
darren paddock<br />
NZ Managing Director<br />
mob: + 64 210 452 718<br />
darren@tohbc.org<br />
darrenpaddock@hotmail.co.uk<br />
Skype: darren.paddock1<br />
NEW ZEALAND HOUSING PROJECT | PAGE 35