Sharing ownership. Sharing the journey. Sharing the returns
Only three weeks left for our equity crowdfunding campaign, closing on October 29th at 7pm. This is the second and last equity crowdfunding campaign, so if you are considering investing, don’t miss out, invest today.
We have already raised $419,000 from 113 of you so far, and the campaign has been open for just 2 weeks. You can invest for as little as $120 and up to 10% of the company ($212,000). Most people are investing between $1,000 and $3,000. We are raising between $800,000 and $1.4m. The idea is that every day people can pool their resources and together we can create the buildings we want in our towns and cities.
What makes Collett’s Corner unique?
There are four things that make Collett’s Corner different from other commercial development:
First, we worked with the local community to determine what is appropriate to build on the site, in the case of Collett’s Corner it is a combination of co-living inspired apartments and a wellness sanctuary.
Second, we are making it accessible for everyday people to own shares and benefit from the financial returns. In a typical commercial development the entry level investment would be a minimum of $50,000 and up. Collett’s Corner is inclusive in that to invest you can purchase as little as one share, this makes it possible for everyday Kiwis to invest.
Third, we believe it is possible to build a community by building a building. At the heart of Collett’s Corner is Ūkaipō, which is intentionally designed to build a community committed to wellbeing. When you invest in Collett’s Corner you not only benefit from financial returns (which are comparable to other commercial developments), but you also benefit from being part of building a community. There is no other commercial development that we know of that approaches property development in this way.
Fourth, this is a local project with national significance. Collet’s Corner is pioneering a new approach to property development, as the first equity crowdfunded commercial development, we are demonstrating that it is possible for every day people to pool their resources and invest in the places we want in our towns and cities. This is an approach other towns across Aotearoa can model.
When we weave those four threads together we build a building that builds community. A community that thrives together socially and financially.
This week’s stops on our Crowdfunding Roadshow
We’re back on the South Island this week. Come catch up with us at:
- Invercargill | Wednesday 7th, 6pm | venue tbc (RSVP here)
- Dunedin Housing Panel | Thursday 8th, 5pm | Athenaeum, 23 The Octagon (RSVP here)
- Nelson | Tuesday 13th, 5.30pm | What is a Home (RSVP here)
- Golden Bay | Wednesday 14th, 12pm | Mohua Social Services, 88 Commercial Street (RSVP here)
For those of you who can’t make our in-person events, we recorded our online event last night. You can watch our presentation and Q&A here:
And our final week on the road takes us to Wellington, we’ll be co-hosting this event:
- Wellington Housing Panel | Monday 19th, 6pm | Enspiral Dev Academy, 275 Cuba St* (RSVP here)
*Please note the change of venue.
For those of you interested in purchasing apartments, we had an article about the co-living apartments feature in MiNDFOOD Magazine this week.
Will you join us in changing how we do property?
Forwarding this email, letting your friends & whānau know that you’re a supporter, joining us on social media are all invaluable steps — help us to spread the word!