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Wanaka Investment Opportunity 15% Yield PA

POA

Roy’s Bay Lifestyle Village...

This opportunity enjoys lake and mountain views, located approx. 80 meters to the lake and 1.2 km’s to Wanaka’s town centre.

Being a year-round destination for both domestic and international tourists requiring short term accommodation, this premium lifestyle village now offers 90 day visitor accommodation and up to 180 days visitor accommodation, subject to Council Approval.

We are presenting an opportunity for 'Unit Title lifestyle town houses', key development milestones include: 69 freehold unit title, Stage 1 of 8 complete, 4 units sold, x2 nearing completion with a 25% Projected Return on Investment.

The financial model provides for a significant return on the initial development and a return for the ongoing village management business, overall creating significant value. The gross realization of the project is projected to be $26 million, including all cash paid back to investors.  Please note that these financial projections are estimates only and are subject to investor due diligence.

The offer:
•    Funds to be raised: $10 Million, 3 year term with a minimum parcel of $750,000;
•    Loan Note with secured mortgage security at 15% Interest per annum;
•    No management fees or broker fees;
•    Transparent tax efficiency; and
•    Convertible to equity at maturity of three years at valuation or redeemed for cash at the holders option or as negotiated.

It is assumed that the incoming investor will invest at a valuation that would mean their leveraged return would be similar as the other existing investors. For example, a $10M investment would result in approximately 35% ownership of the development through the option of a convertible note. In security terms, Loan Note holders rank ahead of equity investors or direct shareholding.

If you are interested in this listing, please visit www.barkerbusiness.co.nz/BBS2638 to register your details and then submit the online Confidentiality Agreement. When that is received Frank will be in touch.

Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2021.

Details

Region Otago
Price POA
Business ID BBS2638
Category Accommodation/Tourism

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