Investment Opportunity: Stroud Homes Bay of Plenty Show Home

Investment Opportunity: Stroud Homes Bay of Plenty Show Home

Publish Date: January 16 2023 by Shane Mcham, Stroud Homes Bay of Plenty

This post is more than a year old. Information contained in this blog is correct at the time of publishing.

Invest in a Show Home!

Stroud Homes Bay of Plenty has an exciting opportunity to invest in its brand-new show home, located at Lot 82 Hass Dr, Ohauiti.

The home is the extremely popular Milford 216 design in a Skillion Façade:

Milford 216 Skillion Façade

How does it work?

Stroud Homes sells a house and land package to the investor. The investor enters a new build contract with Stroud Homes to construct a brand-new home. At the completion of the build, Stroud Homes lease the home from the investor for a 2yr lease at an incredibly competitive rate.

During the 2yr lease, Stroud Homes take care of all maintenance of the property internally and externally with cleaning and lawn mowing/gardening. At the end of the lease, Stroud Homes undertakes a full clean and undertakes paint touch-ups ready for you to either rent out or sell.

What is the financial return?

Stroud Homes offer a 5% per annum return on the total investment paid monthly as the rental lease amount.

The Build

Stroud Homes takes all the stress out of the project for you. As this is a show home, Stroud Homes finds the design that best suits the section and undertakes a full-colour selection process to ensure that the home is modern and up to date with colours and the Stroud Homes Fully loaded inclusions.

You will receive a complete project with all external landscaping and fencing completed. There is nothing further you will need to complete.

The rental period

During the rental period of 2yrs, Stroud Homes will fully furnish the property, undertake regular internal cleaning and maintain all lawns and gardens.

Initial Costs

The initial costs would be a 10% deposit for the section with settlement on the section 20 business days later via a standard Sale & Purchase agreement.

Stroud Homes and the investor would then enter a traditional RCB-1 Master Builders new build contract, where this would then require regular stage complete payments to ensure that the cost of the build is covered.

The Location

We have secured the section at Lot 82 Hass Dr, Ohauiti which we have identified as a great spot for a display home and a growing area, with a further 40 sections to be released next year.

Quail Ridge Estate off McFetridge Lane in Tauranga’s Ohauiti is close to Tauranga City with a short 12-minute drive to the CBD and a 14-minute drive to Tauranga’s pristine beaches.

This small boutique subdivision has sensitively planned residential sections where the sense of community is strong, with sealed landscaped roads, and bordering reserves allowing for, easy, stress-free small-town life combined with the low maintenance requirements of a new home means you’ll have more time and headspace to enjoy your family.

Enjoy a relaxed lifestyle and achieve the kind of balance we all want in our life, connected to the city, our community and our whānau.

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Find out more!

If you want more information, you can find us located at 415 Cameron Rd, Tauranga or phone 07 55 70020.

Your Sales Consultant
Shane McMah
Shane McMah

Talk to us about investing in a show home