6% Rental Return

Terms and Conditions

Promotion Period
The 6% Rental Guarantee Promotion (the “Promotion”) is valid from 1 February 2025 until 28 February 2025 (the “Promotion Period”).

Application
If you are purchasing a property from Wolfbrook Property Group Limited (Wolfbrook) at any of our developments, you may also be eligible for this Promotion, provided you meet all other eligibility criteria.

Eligibility

To be eligible for the Promotion, you must:

• Enter into an Agreement to purchase a Wolfbrook Residential home during the Promotion Period;
• This promotion is valid on Christchurch properties only.
• Sign the Deed of Rental Guarantee for the 6% Rental Guarantee; and
• Confirm satisfaction of all of the Purchaser conditions in the Agreement that are for the Purchaser’s sole benefit.

Rental Guarantee

To help with financial planning when buying an investment property, we are offering the Rental Guarantee to selected purchasers who enter into an Agreement during the Promotion Period and subsequently confirm the Agreement.

The Rental Guarantee means that Wolfbrook guarantees the minimum rent amount you will receive:

(a)  a 6% rental return on the cost of your investment property for a period of one year from the settlement date, calculated by guaranteeing a weekly rent return based on the purchase price of the Property.  For example, if the purchase price of the Property you are purchasing is $589,000.00, then the rental guarantee would ensure that you receive a minimum 6% return, or $679.62 per week, for the first year of the Rental Guarantee; and

(b)  a market rate rental guarantee for a period of one year from the first anniversary of the settlement date to the second anniversary of the settlement date.

If you would like to take up the Rental Guarantee, please let your Sales Consultant know prior to confirmation of your conditions. The Rental Guarantee will be available to you on the basis that you must sign the following documents on or prior to the settlement date:

• the Management Agreement providing that Wolfbrook will be appointed as your property manager for the Property for a term of two years; and
• the Deed of Rental Guarantee setting out the one-year rent guarantee for a 6% rent return on your investment plus a market rent guarantee for an additional year.