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Terms and Conditions
6% Yield Guaranteed Promotional Offer
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Terms and Conditions
WOLFBROOK PROPERTY GROUP
Promotion Period
The 6% Yield Guarantee Promotion (the “Promotion”) is valid from 1 May 2026 until 31 May 2026 (the “Promotion Period”).
Eligibility
If you purchase an Eligible Property from Wolfbrook Property Group Limited (“Wolfbrook”) and meet all other eligibility criteria, you may be eligible for the Promotion.
For the purposes of this Promotion, an “Eligible Property” means a selected two-bedroom residential property within one of the eligible developments listed below and designated by Wolfbrook as qualifying for the Promotion.
To be eligible for the Promotion, you must:
- Enter into an Agreement for Sale and Purchase (“SPA”) to purchase an Eligible Property during the Promotion Period;
- Sign the Rental Guarantee Deed (the “Deed”) prior to the date you confirm all purchaser conditions under the SPA;
- Confirm satisfaction of all purchaser conditions under the SPA that are for your sole benefit;
- Enter into a Property Management Agreement with Wolfbrook Property Management Limited providing that Wolfbrook Property Management Limited will be appointed as your property manager for the Property for a minimum term of one year; and
- Allow Wolfbrook Property Management Limited to source and approve tenants for the Property in accordance with the Property Management Agreement.
Rental Guarantee
To assist with financial planning when purchasing an investment property, Wolfbrook is offering a rental guarantee to selected purchasers who enter into a SPA during the Promotion Period and subsequently confirm the SPA.
Subject to the terms of the Deed and the Property Management Agreement, the rental guarantee is intended to provide the purchaser with rental income equivalent to a gross annualised rental yield of 6% on the purchase price of the Property for a period of one year from the settlement date.
The guaranteed weekly rental amount will be calculated based on the purchase price of the Property. For example, if the purchase price of the Property is $589,000.00, the guaranteed gross annualised yield would equate to $679.62 per week. The rental guarantee operates by covering:
(a) any shortfall between the guaranteed rental amount and the rental income received from tenants approved by Wolfbrook Property Management Limited; and
(b) vacancy periods of up to four weeks in aggregate during the 12-month guarantee period,
in each case subject to the terms and conditions of the Deed and the Property Management Agreement.
The Promotion is available only on the basis that the purchaser signs, on or prior to settlement:
- the Property Management Agreement; and
- the Rental Guarantee Deed relating to the 6% yield guarantee.Eligible Developments
The Promotion applies only to selected two-bedroom properties within the following developments:
Auckland
- 22 Lancaster Road, Auckland
- 77 Matipo Road, Te Atatū Peninsula, Auckland
- 52 Tramway Road, Auckland
- 4 Whitehaven Road, Auckland
- 5–7 Karaka Park Place, Glendowie, Auckland
Tauranga
- 199 Edgecumbe Road, Tauranga
- 135 Grace Road, Tauranga
- 39 Seventeenth Avenue, Tauranga South, Tauranga
- 25 Manson Street, Tauranga
- 17 Henderson Road, Tauranga
- 33 Maranui Street, Tauranga
Christchurch
- 90 Neville Street, Christchurch
- 25 Shirley Road, Christchurch
Exclusions
The Promotion applies only to selected two-bedroom properties.
All one-bedroom, three-bedroom and four-bedroom properties are excluded from the Promotion.
All developments not specifically listed above are excluded from the Promotion.
Additional Information
- The Promotion is applicable only to new SPAs entered into during the Promotion Period.
- The 6% yield is a gross rental yield calculated before property management fees, GST and other ownership costs.
- The Promotion and rental guarantee are subject to the terms and conditions of the Deed and the Property Management Agreement. In the event of any inconsistency, the Deed and Property Management Agreement will prevail.
- The Promotion cannot be combined with any other offer, discount, rebate or incentive unless explicitly stated by Wolfbrook.
- The Promotion is subject to availability and applies only to selected stock designated by Wolfbrook for the Promotion.
- Wolfbrook reserves the right to amend, extend or withdraw the Promotion at its sole discretion without prior notice.
Privacy
If you choose to participate in this Promotion, we will keep your personal information in accordance with the Wolfbrook Privacy Policy available at wolfbrook.co.nz/privacy-policy.
Further questions
Please ask your sales consultant if you have any questions about this Promotion.
The organiser of this Promotion is Wolfbrook Property Group Limited, located at 10 Show Place, Addington, Christchurch.