Tenancy Schedule

Certificate of Title

Client Reference 3077441/1 Transaction ID

69965634

RECORD OF TITLE UNDER LAND TRANSFER ACT 2017 FREEHOLD

Guaranteed Search Copy issued under Section 60 of the Land Transfer Act 2017

Identifier 6946

Land Registration District Otago

Date Issued 28 March 2002

Prior References

OT19B/446

Estate Fee Simple Area 801 square metres more or less Legal Description Lot 87 Deposited Plan 301681

Registered Owners

Barbara Elizabeth von Tunzelman

Interests

Subject to a right to drain sewge in gross over part marked V & W on DP 301681 in favour of the Queenstown Lakes District Council created by Transfer 5007407.5 - 26.10.2000 at 9:00 am The easements created by Transfer 5007407.5 are subject to Section 243 (a) Resource Management Act 1991 Subject to a right to convey gas in gross over parts marked U & V on DP 301681 in favour of Shotover Park Limited created by Transfer 5202556.2 - 29.4.2002 at 9:06 am Land Covenant in Transfer 5202556.2 - 29.4.2002 at 9:06 am 5202556.5 Encumbrance to Shotover Park Limited Term 25 years from 24.4.2002 - 29.4.2002 at 9:06 am 8078300.2 Mortgage to Southland Building Society - 27.2.2009 at 3:08 pm

Register Only Client Reference 3077441/1 Guaranteed Search Copy Dated 05/08/22 8:38 am, Page of 2 3 Transaction ID 69965634

Guaranteed Search Copy Dated 05/08/22 8:38 am, Page 3 of 3

Deadline Private Treaty Sales Process

A deadline sale is the process of purchasing real estate through confidential submitted written offers. If you want to buy a property by deadline sale, you prepare your best offer and send it to the vendor’s Agent to consider alongside any other offers the vendor receives at any point in the deadline sale campaign.

The property is offered for sale with no price, with a deadline by which offers need to be submitted on the basis that the vendors reserve the right to accept an offer at anytime before the deadline sale closes.

Buying by deadline sale is a relatively simple process, with advantages for the purchaser as well as for the vendor. However, it’s not simply a matter of turning up on the day and writing down what you’d like to pay. It’s worth doing full due diligence early to know your rights and obligations and to ensure you feel comfortable with the process.

To help you better understand how deadline sales work, we’ve put together a list of key things you’ll need to do before submitting an offer.

• Arrange finance. This is very important. You need to be comfortable with the level at which you’re offering. It’s fine to put a finance clause into the contract, but bear in mind that a vendor may favour the most straightforward offer on the day.

• Read the contract. The ‘Sale and purchase agreement’ is the contract signed by the potential purchaser at the time of submitting a deadline sale offer. If your offer is accepted, it will then be signed by the vendor and become a binding contract. It contains a legal description of the property and terms of settlement. We recommend you engage legal advice before presenting an offer.

• Know the value. If you have been studying the market, you may have a good idea of what the property is worth. If you need help, your real estate Sales Consultant can refer you to similar properties which have sold recently that are a good comparison.

Otherwise you could arrange for an independent valuation.

How to make an offer:

• Know the process. Talk to your Colliers Agent about exactly what will happen on and before the deadline sale closing day.

• Talk to your Colliers Agent when formulating your offer. They can assist you in looking at comparable sales and provide information enabling you to make an offer you’re comfortable is the current market value.

• Consider your conditions carefully. Where possible it’s best to minimise the conditions on a deadline sale offer, however it’s also advisable to not spend a large amount in advance when there is a chance your offer may not be selected. Balance is the key.

Offers to be submitted to Colliers Sole Agents by 4pm, Thursday 24 November 2022. To assist in the assessment of this offering, comprehensive due diligence information is available via a secure documents link. For access to all documents you will be required to register in the dataroom. • Information Memorandum

• Certificates of Title and Interests

• IEP Report • Lease Documentation

• Land Information Memorandum

• Market Rent Assessment for vacant flat

• Offer Documents

All enquiries, requests for information and arrangements for site inspections are to be directed to the Colliers sole agents:

Due Diligence

James Valentine

+64 21 777 772 james.valentine@colliers.com

Mark Simpson

+64 27 490 6394 mark.simpson@colliers.com