Properties sold are managed by third-party Opoly approved property managers. We work with a range of providers across regions to ensure the properties are tenanted and well maintained. Upon 3 years from the Crowdfunding Campaign, a real life auction takes place where each Shareholder will receive their return of capital, plus any gain on sale, depending on what the property sells for at auction.
If the Crowdfunding Campaign for the property is unsuccessful a refund will be issued within 5 working days of the Offer Close Date.
Opoly will incorporate subsidiary companies called OHC's (Opoly Holding Companies), each of which will identify a suitable property. Once a property is identified, the OHC will offer shares to investors under an equity crowdfunding campaign and, subject to the equity crowdfunding campaign raising sufficient investment, that OHC will then purchase the property. Investors will be able to obtain exposure to the risks and rewards of ownership of the underlying property through holding shares in the OHC subsidiary company.
If something in the property breaks it will be required to use some of the rental income to cover this cost. Each property also has a Cash Reserve for meeting any unexpected costs. If something that needs fixing exceeds the Cash Reserve, rental income will be temporarily used towards fixing the expense until it has been paid.
Our fees are simple and transparent:
Acquisition Fee: 2.00%
This fee is paid upon completed sale of the property and is factored into the property listing price automatically.
Disposal Fee: 2.00%
This fee is paid by Block Owners upon the property being sold at auction.
For more information visit: www.opoly.co.nz/fees-costs/
Like with any forms of investing there are risks.
The value of your investment can go down as well as up.
Historical information, past performance, and forecasts are not a reliable indicator of future performance. Gross rent, dividends, and capital growth may be lower than estimated.
By owning blocks across a range of investment properties you can spread your risk.
You can earn returns on both the rental income and the capital gain.
To find out more about what both of these mean visit our earning returns section: www.opoly.co.nz/earning-returns