Submission for project funding for 42 Wellesley Road Mangere Bridge Auckland Newzealand
Indicated Amount of Tokens:
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Estimated yield on investment 25%–35%. This project is the development/subdivision from bare land to build six 3 and 4 bedroom houses on the one site.

  • Funding required NZ$5,000,000.
  • Time from start to completion 2 years?
  • Budgeted value of sales NZ$7,000,000.
  • Budgeted profit NZ$2,000,000.
    It is proposed that the project is joint venture between the investors 40% and The Subdivision Company (TSC) 60% or negotiated agreement. TSC will carry out the whole project from land purchase, planning, building, marketing to completion of sales. At the completion of the project the investor can negotiate to take their share of the cash surplus or keep one house to the equivalent value. If the investor takes one house it could be rented as an investment or kept as a holiday home. TSC are very experienced in carrying out these types of subdivisions in the Auckland area. All enquiries as regards the project can be addressed directly to the developers:
    The Subdivision Company Limited PO Box 5813, St.Heliers bay, Auckland 1740, New Zealand.
    EM: or Contact for funding enquiries: MAURICE D BLACKWELL Ph: +6421 465511 Email:

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