54 - 64 Surrey Crescent, Grey Lynn

IT’S TIMELESS...

54 - 64 SURREY CRESCENT, GREY LYNN

For everything you need to know, visit:

theISAAC.co.nzCONTACT:Maria Salmon027 274 0573 maria@ockham.co.nz B U I L D I N G A U C K L A N D ’ S F U T U R E

Welcome to THE ISAAC, a new freehold development featuring a range of intelligently designed, easy to care for residential apartments.

For those looking to live in a great central location providing lifestyle options, a superb quality of living and thoughtful design, then look no further.

The Isaac offers generously proportioned one, two and three bedroom options ranging from 51m2 to 173m2, all with 2.7m stud, heat pumps and double glazing, allowing residents to live in quiet comfort. Fully secured, these homes are designed for low maintenance, providing uncompromised quality and a new level of on-site amenities.

These three boutique buildings on a private lane each incorporate a large, fully landscaped rooftop lounge and garden, boasting 360-degree views of our wonderful city. This unrivalled feature is the designated common area for all residents within the specific buildings. With a fully fitted resident’s lounge including a kitchenette, bathroom facilities and a large garden with raised grass lawn, trees and outdoor furniture you’ll find it hard to leave home.

This spectacular feature of The Isaac gives beautiful panoramic views of Auckland’s upper harbour, its volcanic cones and city lights, the Waitakere ranges and the beautiful leafy neighbourhoods of the western bays. Truly captivating from sunrise to sunset, it’s a magical offering.

OCKHAM - Building Auckland’s Future.

Construction:• Reinforced concrete and steel construction to the latest earthquake standards• Inter-tenancy walls are double framed with an acoustic separation and include two layers of

sound insulation and four layers of plaster board for superior acoustic performance• A generous 2.7m (9 foot) stud height in all apartments• Architectural detail provided by honed and sawn concrete precast decorative panels• Precast balconies with frameless glass balustrades• Extensive use of brick cladding with 50mm cavity - a tried and trusted cladding system• Double glazing for insulation – both heat and sound• Large foyers and wide corridors

Fit Out:• Generous apartment sizes• Double glazing• Quality New Zealand manufactured kitchens in all units• Kitchen Cabinetry: 2.4m in height with soft close drawers and cupboards • Fisher & Paykel kitchen appliances• New Zealand made Methven tapware • Floor to ceiling tiles in all bathrooms• Frameless 10mm glass showers with tiled walls and New Zealand manufactured custom

stainless steel bases• New Zealand manufactured custom-built stainless vanity tops with soft close drawers• Laundry space with tub• Boston wardrobe organisers• LED Lighting • Individual Mitsubishi heat pumps - two per apartment• Full security system: electronic access to the building and car park, swipe access to the floor

of residence and rooftop garden• Sky TV and Freeview connection – your personal decoder and subscription is required

Parking:• One bedroom apartments include a single car park• Two and three bedroom apartments have two individual car parks

Construction and Fitout

Ockham’s PhilosophyOckham’s fundamental belief that housing is infrastructure drives our whole approach to development. Treating housing as infrastructure allows us to focus on the long-term outcomes of development rather than just the short-term bottom line. Like other developers our projects must be profitable but, uniquely to Ockham, our buildings must also:

• Be beautiful, well-liked by the community and improve the local built environment• Contain rooms dimensioned and orientated appropriate to use• Be constructed from durable low maintenance materials that age gracefully and minimise on-going costs• Incorporate best practice design to minimise noise and heat transfer to maximise residents’ comfort and again minimise on-going costs• Provide a high level of on-site amenity without expensive body corporate fees

We believe Auckland is one of the most beautiful cities in the world and a wonderful place to live. It is our goal to lead the development community by example to ensure development in this beautiful city is world class.

theISAAC.co.nz

About OckhamOckham is unique in the market as they source, design, consent and manage the construction on all their projects with an in-house architect and design team. Furthermore, Ockham is a signatory of the New Zealand Urban Design Protocol, an honour awarded by the Ministry of Environment, which is committed to creating quality urban design to make a difference in urban areas.

The Ockham FoundationIn conjunction with our residential development and investment business, we have set up a charitable trust, The Ockham Foundation, dedicated to supporting scientific education and rational thought. To this end, Ockham Foundation has to date:

• Gifted US$225,000 to the University of Auckland to fund First Foundation Scholars low decile schools through higher education. See www.firstfoundation.co.nz

• Gifted US$100,000 to upgrade and maintain the soccer fields of Woodrow Wilson Elementary School in Houston, Texas. As part of its rejuvenation programme, the playing field will be opened to the community outside of school hours

• Gifted NZ$100,000 to Grey Lynn Primary School for the purpose of upgrading the small ‘Native Forest’ on site to include a nature trail and outdoor classroom for the students

Designed in-house at Ockham by Tania Wong, the buildings were inspired by the genius of Isaac Newton. Newton is well known for his theories of gravity and celestial mechanics and also for his fine contributions to pure mathematics. It is less well known that Newton did seminal work in optics. Tania has referenced his work in optics, particularly his discovery of light interference and the double slit experiment, which motivates the detailing of the exterior precast panels of the building. This theme also extends to the interior of the buildings with the carpet patterning, the corridor wall panels, tiles and lighting in the lobbies and corridors.

In keeping with Ockham’s cornerstone philosophies, we have chosen materials that are durable, low maintenance and have a residential appearance. The incorporation of the brickwork into the façade also complements the local environment, the essence of the community and the neighbouring St Columba Church.

This reflects our core focus - to make a difference to Auckland’s built heritage. We want to do things a different way and raise people’s expectations of what can be done. Ockham is committed to setting a new standard in high-density residential development. We are well funded and prepared to lead by example while also contributing to the communities we work in.

Design Inspiration

T H E I S A AC - I N T E R I O R S

The LocationThe ISAAC apartments are situated in one of Auckland’s prime residential locations – Grey Lynn, 3km from the CBD.

These buildings offer a boutique community with on-site features that make The Isaac a place you can call home. At your doorstep are a host of local attractions, a diverse entertainment scene and a range of amenities.

The local shops of West Lynn are proud to boast boutique bars, cafes and shops. The broader area will spoil you for choice with Grey Lynn, Ponsonby Road, Richmond Road and Herne Bay shopping strips all within easy reach.

For those who love the outdoors, there is a choice of parks to run, walk, kick a ball with the kids or just enjoy the open space.

With easy access to the Western Motorway, it’s a short direct hop into the city and links to the Southern, Northern and East motorway routes. Public transport is at your door, with frequent buses and numerous routes.

Local Amenities:West Lynn, Grey Lynn, Ponsonby and Richmond Road shops, boutiques, cafes and bars. Organic grocers and butchers plus two supermarkets and farmers markets offering the best of produce and specialty foods.

Local Attractions:Neighbouring Yoga Studio and Montessori daycare, MOTAT, The Auckland Zoo, Grey Lynn Park, Western Springs Park.

School Zones: Grey Lynn Primary SchoolWestern Springs College - SecondaryAuckland Girls Grammar - Intermediate/Secondary GirlsPonsonby Intermediate SchoolSt Joseph’s School - PrimarySt Paul’s College - SecondaryMarist School - SecondarySt Marys College – Intermediate/Secondary – GirlsSource: http://nzschools.tki.org.nz

P R E V I O U S P R OJ E C T S F R O M O C K H A M D E V E LO P M E N T S

OCKHAM BUILDING

WAMAKA BUILDINGS

Stage 1 (52 Apts) for 12 months

Stage 2 (28 Apts) for 7 months ONLY Staged Budget - Total Notes

Long Term Maintenance Fund 19,500.00$ 7,000.00$ 26,500.00$ An allowance for the start of the Long Term Maintenance Fund to be used in conjunction with a Long Term Maintenance Plan

CF Contingency Fund 5,200.00$ 1,800.00$ 7,000.00$ An allowance for a contingency fund for unexpected or unknown costs during the year

Building Warrant Of Fitness - Set Up 325.00$ -$ 325.00$ Cost to set up the BWoF for the complex

Building Warrant Of Fitness - Annual Issue 1,121.00$ 210.00$ 1,331.00$ Cost compile BWoF certificate- Compliance Consultants at $690+GST and lodgement with Auckland City Council

Emergency Lighting Checks 1,625.00$ 400.00$ 2,025.00$ Based on cost estimate from Laser Electrical, the installer, including annual IQP/12A form for BWoF

Fire Alarm/Sprinkler System Monitoring 1,500.00$ 500.00$ 2,000.00$ Based on connection cost to Fire Brigade

Fire Alarm Testing 3,035.00$ 1,725.00$ 4,760.00$ Based on 1st year costs from AFS Total Fire, the original installers at $2637+GST, 2nd year will be $2995+GST

Mechanical Ventilation 1,625.00$ 585.00$ 2,210.00$ Estimate to service mechanical ventilation and annual IQP/12A form

Trust Account Management Fee 460.00$ -$ 460.00$ Annual fee to manage all Trust account transactions

Insurance Premium 39,610.00$ 9,900.00$ 49,510.00$ Based on Insurance policy with Orion Insurance, stage one actual cost $39,610.00

Valuation Fee 1,500.00$ 1,150.00$ 2,650.00$ Actual costs from Patrick Foote for 2013-2014 Insurance Valuation certificate

Building Managers Fee 26,000.00$ 9,335.00$ 35,335.00$ An allowance for a visiting Building Manager

Building Managers Expenses 3,250.00$ 1,170.00$ 4,420.00$ For general equipment etc, phone costs and other items needed by the Manager in the first year

Income Tax Return Preparation Fee 345.00$ -$ 345.00$ IR4 return fee

Administration / Secretarial Annual Fee 11,586.00$ 4,160.00$ 15,746.00$ Based on Crockers proposal fee, pro rata for 52 apartments in Stage 1

Access Control System 1,500.00$ 465.00$ 1,965.00$ An allowance for the line rental etc for access controlled doors, intercoms etc, 3 at $60 per month

Cleaning 26,700.00$ 5,350.00$ 32,050.00$ An allowance for the common area cleaning

Doors 520.00$ 190.00$ 710.00$ Servicing of front access control doors and IQP/ 12A forms if required

Garage Doors 200.00$ 70.00$ 270.00$ An allowance to service the garage doors

General Repairs & Maintenance 7,800.00$ 3,500.00$ 11,300.00$ An allowance for known and expected general repair & maintenance works during the year

Grounds 800.00$ 250.00$ 1,050.00$ Roof top garden maintenance, small allowance as is low maintenance planting

Lift Maintenance Contract 10,649.00$ 3,726.00$ 14,375.00$ Based on proposal from Schindler lifts, the installer for 2 lifts @$4,630+ GST pa and 1 @ $4860+GST paLift Telephone 1,200.00$ 400.00$ 1,600.00$ 3 lines at $50 per month per lineRubbish Removal 8,840.00$ 3,175.00$ 12,015.00$ Based on an agreement with Rubbish Direct for regular bin, recycling & cardboard removalsWater & Waste 3,250.00$ 1,045.00$ 4,295.00$ An allowance for common area water costs, apartment invoiced by SmartPowerElectricity 19,500.00$ 6,250.00$ 25,750.00$ Based on an average from similar complexes

Long Term Maintenance Plan Report 1,300.00$ 466.67$ 1,766.67$ an allowance for the preparation of a Long Term Maintenance Plan

Total 198,941.00$ 62,822.67$ 261,763.67$

NOTESThe Isaac was completed in stages over the 2013-2014 year, therefore this Budget is for the first year for 52 apartments, but only a part year for 28 apartmentsThe Budget for the 2014 -2015 year will be set by the owners at the AGM to be held around August 2014 and based on known and actual costs.

Body Corporate 462747 - The IsaacStaged budget for First Year - to 10 June 2014

Body Corporate Budget

Stage 1 (52 Apts) for 12 months

Stage 2 (28 Apts) for 7 months ONLY Staged Budget - Total Notes

Long Term Maintenance Fund 19,500.00$ 7,000.00$ 26,500.00$ An allowance for the start of the Long Term Maintenance Fund to be used in conjunction with a Long Term Maintenance Plan

CF Contingency Fund 5,200.00$ 1,800.00$ 7,000.00$ An allowance for a contingency fund for unexpected or unknown costs during the year

Building Warrant Of Fitness - Set Up 325.00$ -$ 325.00$ Cost to set up the BWoF for the complex

Building Warrant Of Fitness - Annual Issue 1,121.00$ 210.00$ 1,331.00$ Cost compile BWoF certificate- Compliance Consultants at $690+GST and lodgement with Auckland City Council

Emergency Lighting Checks 1,625.00$ 400.00$ 2,025.00$ Based on cost estimate from Laser Electrical, the installer, including annual IQP/12A form for BWoF

Fire Alarm/Sprinkler System Monitoring 1,500.00$ 500.00$ 2,000.00$ Based on connection cost to Fire Brigade

Fire Alarm Testing 3,035.00$ 1,725.00$ 4,760.00$ Based on 1st year costs from AFS Total Fire, the original installers at $2637+GST, 2nd year will be $2995+GST

Mechanical Ventilation 1,625.00$ 585.00$ 2,210.00$ Estimate to service mechanical ventilation and annual IQP/12A form

Trust Account Management Fee 460.00$ -$ 460.00$ Annual fee to manage all Trust account transactions

Insurance Premium 39,610.00$ 9,900.00$ 49,510.00$ Based on Insurance policy with Orion Insurance, stage one actual cost $39,610.00

Valuation Fee 1,500.00$ 1,150.00$ 2,650.00$ Actual costs from Patrick Foote for 2013-2014 Insurance Valuation certificate

Building Managers Fee 26,000.00$ 9,335.00$ 35,335.00$ An allowance for a visiting Building Manager

Building Managers Expenses 3,250.00$ 1,170.00$ 4,420.00$ For general equipment etc, phone costs and other items needed by the Manager in the first year

Income Tax Return Preparation Fee 345.00$ -$ 345.00$ IR4 return fee

Administration / Secretarial Annual Fee 11,586.00$ 4,160.00$ 15,746.00$ Based on Crockers proposal fee, pro rata for 52 apartments in Stage 1

Access Control System 1,500.00$ 465.00$ 1,965.00$ An allowance for the line rental etc for access controlled doors, intercoms etc, 3 at $60 per month

Cleaning 26,700.00$ 5,350.00$ 32,050.00$ An allowance for the common area cleaning

Doors 520.00$ 190.00$ 710.00$ Servicing of front access control doors and IQP/ 12A forms if required

Garage Doors 200.00$ 70.00$ 270.00$ An allowance to service the garage doors

General Repairs & Maintenance 7,800.00$ 3,500.00$ 11,300.00$ An allowance for known and expected general repair & maintenance works during the year

Grounds 800.00$ 250.00$ 1,050.00$ Roof top garden maintenance, small allowance as is low maintenance planting

Lift Maintenance Contract 10,649.00$ 3,726.00$ 14,375.00$ Based on proposal from Schindler lifts, the installer for 2 lifts @$4,630+ GST pa and 1 @ $4860+GST paLift Telephone 1,200.00$ 400.00$ 1,600.00$ 3 lines at $50 per month per lineRubbish Removal 8,840.00$ 3,175.00$ 12,015.00$ Based on an agreement with Rubbish Direct for regular bin, recycling & cardboard removalsWater & Waste 3,250.00$ 1,045.00$ 4,295.00$ An allowance for common area water costs, apartment invoiced by SmartPowerElectricity 19,500.00$ 6,250.00$ 25,750.00$ Based on an average from similar complexes

Long Term Maintenance Plan Report 1,300.00$ 466.67$ 1,766.67$ an allowance for the preparation of a Long Term Maintenance Plan

Total 198,941.00$ 62,822.67$ 261,763.67$

NOTESThe Isaac was completed in stages over the 2013-2014 year, therefore this Budget is for the first year for 52 apartments, but only a part year for 28 apartmentsThe Budget for the 2014 -2015 year will be set by the owners at the AGM to be held around August 2014 and based on known and actual costs.

Body Corporate 462747 - The IsaacStaged budget for First Year - to 10 June 2014

Stage 1 (52 Apts) for 12 months

Stage 2 (28 Apts) for 7 months ONLY Staged Budget - Total Notes

Long Term Maintenance Fund 19,500.00$ 7,000.00$ 26,500.00$ An allowance for the start of the Long Term Maintenance Fund to be used in conjunction with a Long Term Maintenance Plan

CF Contingency Fund 5,200.00$ 1,800.00$ 7,000.00$ An allowance for a contingency fund for unexpected or unknown costs during the year

Building Warrant Of Fitness - Set Up 325.00$ -$ 325.00$ Cost to set up the BWoF for the complex

Building Warrant Of Fitness - Annual Issue 1,121.00$ 210.00$ 1,331.00$ Cost compile BWoF certificate- Compliance Consultants at $690+GST and lodgement with Auckland City Council

Emergency Lighting Checks 1,625.00$ 400.00$ 2,025.00$ Based on cost estimate from Laser Electrical, the installer, including annual IQP/12A form for BWoF

Fire Alarm/Sprinkler System Monitoring 1,500.00$ 500.00$ 2,000.00$ Based on connection cost to Fire Brigade

Fire Alarm Testing 3,035.00$ 1,725.00$ 4,760.00$ Based on 1st year costs from AFS Total Fire, the original installers at $2637+GST, 2nd year will be $2995+GST

Mechanical Ventilation 1,625.00$ 585.00$ 2,210.00$ Estimate to service mechanical ventilation and annual IQP/12A form

Trust Account Management Fee 460.00$ -$ 460.00$ Annual fee to manage all Trust account transactions

Insurance Premium 39,610.00$ 9,900.00$ 49,510.00$ Based on Insurance policy with Orion Insurance, stage one actual cost $39,610.00

Valuation Fee 1,500.00$ 1,150.00$ 2,650.00$ Actual costs from Patrick Foote for 2013-2014 Insurance Valuation certificate

Building Managers Fee 26,000.00$ 9,335.00$ 35,335.00$ An allowance for a visiting Building Manager

Building Managers Expenses 3,250.00$ 1,170.00$ 4,420.00$ For general equipment etc, phone costs and other items needed by the Manager in the first year

Income Tax Return Preparation Fee 345.00$ -$ 345.00$ IR4 return fee

Administration / Secretarial Annual Fee 11,586.00$ 4,160.00$ 15,746.00$ Based on Crockers proposal fee, pro rata for 52 apartments in Stage 1

Access Control System 1,500.00$ 465.00$ 1,965.00$ An allowance for the line rental etc for access controlled doors, intercoms etc, 3 at $60 per month

Cleaning 26,700.00$ 5,350.00$ 32,050.00$ An allowance for the common area cleaning

Doors 520.00$ 190.00$ 710.00$ Servicing of front access control doors and IQP/ 12A forms if required

Garage Doors 200.00$ 70.00$ 270.00$ An allowance to service the garage doors

General Repairs & Maintenance 7,800.00$ 3,500.00$ 11,300.00$ An allowance for known and expected general repair & maintenance works during the year

Grounds 800.00$ 250.00$ 1,050.00$ Roof top garden maintenance, small allowance as is low maintenance planting

Lift Maintenance Contract 10,649.00$ 3,726.00$ 14,375.00$ Based on proposal from Schindler lifts, the installer for 2 lifts @$4,630+ GST pa and 1 @ $4860+GST paLift Telephone 1,200.00$ 400.00$ 1,600.00$ 3 lines at $50 per month per lineRubbish Removal 8,840.00$ 3,175.00$ 12,015.00$ Based on an agreement with Rubbish Direct for regular bin, recycling & cardboard removalsWater & Waste 3,250.00$ 1,045.00$ 4,295.00$ An allowance for common area water costs, apartment invoiced by SmartPowerElectricity 19,500.00$ 6,250.00$ 25,750.00$ Based on an average from similar complexes

Long Term Maintenance Plan Report 1,300.00$ 466.67$ 1,766.67$ an allowance for the preparation of a Long Term Maintenance Plan

Total 198,941.00$ 62,822.67$ 261,763.67$

NOTESThe Isaac was completed in stages over the 2013-2014 year, therefore this Budget is for the first year for 52 apartments, but only a part year for 28 apartmentsThe Budget for the 2014 -2015 year will be set by the owners at the AGM to be held around August 2014 and based on known and actual costs.

Body Corporate 462747 - The IsaacStaged budget for First Year - to 10 June 2014

How many apartments are there?54 Surrey Crescent: Newton’s First Building: 26 apartments64 Surrey Crescent: Newton’s Second Building: 30 apartments

What am I purchasing? You are purchasing a Stratum in Freehold title to your apartment and car park(s), plus access to the roof top garden and residents lounge.

How do I buy an apartment at The Isaac?To buy an apartment you need to sign a Sale and Purchase agreement and pay a deposit of 10% for NZ citizens/residents or 20% for non-residents. You will be required to pay the balance of the purchase price on the agreed settlement date.

Is my deposit secure?All deposits are placed in Stafford Klaassen Barristers & Solicitors trust account until the Sale and Purchase agreement is unconditional and/or; the property has settled.

What are the warranties and is there a maintenance and defects period?The Isaac incorporates the latest engineering standards and is constructed from time proven durable building products. The Body Corporate will be the beneficial holder of all guarantees and material warranties.

From the date of settlement you will have a 3 month (90 day) defects and maintenance period. Within this period the vendor will rectify and make good any faulty materials or workmanship that you notify to them in writing.

Is there a body corporate? Yes. Crockers will be the Body Corporate Administrators who will manage the administration and maintenance of the common property areas of the complex. Each apartment owner is required to pay an annual body corporate levy. Please contact us to receive a full estimate of the Body Corporate Rules and Levy associated to a specific apartment.

Is there a Building Manager and Gardener? Yes. With careful attention to the construction materials, the ongoing maintenance of the building will be minimal. In consideration of this the Body Corporate has budgeted for a part time building manager who will visit the site Monday to Friday to ensure all cleaning; maintenance and compliance issues are carried out. A gardener will also maintain the common garden areas within The Isaac Buildings.

What outgoing costs do I pay? You’ll be responsible for paying Council rates and a Body Corporate levy. Water rates and electricity are on individual meters and will be billed directly to you by the Body Corporate based on your individual usage.

What security and fire safety features are in place?Owners have electronic access to the building and the car park.

To greet and monitor visitors, there is a security intercom from each apartment to the front door. There are also security cameras that operate in the common areas and corridors.

All apartments and common areas are fitted with sprinkler systems and smoke alarms to meet the fire safety code.

Can my pets live with me at The Isaac? Yes, pets are welcome with the consent of the Body Corporate.

What size are the roof top gardens?54 Surrey Crescent: Newton’s First Building: Lounge 70m2, Landscaped Garden: 268m2

64 Surrey Crescent: Newton’s Second Building:Lounge: 58m2, Landscaped Garden: 208m2

Frequently Asked Questions:

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ANOTHER QUALITY OCKHAM DEVELOPMENT

CONTACT:Maria Salmon027 274 0573

maria@ockham.co.nz