1266 Tutanekai Street Information Memorandum

1266 Tutanekai Street, Rotorua INFORMATION MEMORANDUM

Table of ContentsContents• Executive Summary• Introduction• The Location• Sales Process• Statement of General PolicyAppendices: Brochure Certificate of Title Land Information Memorandum Lease Details Auction Terms and Conditions of Sale

Executive SummaryFormal Address:1266 Tutanekai Street, RotoruaLegal Description:Unit 1 DP398373 on Lot 3 DPS3079, Section 7,23,24 & 27 Block XL RotoruaLand Rates:Approximately $17,33.51 plus GST per annumLand Tenure:Stratum in FreeholdLand Value:$800,000Improvements Value:$1,140,000Capital Value$1,940,000Method of Sale:Auction1pm, Thurs 14 April 2016 (unless sold prior)The BNZ Partners Business Centre,First Floor, 1202-1212 Amohau Street, RotoruaWebsite:www.bayleys.co.nz/2846135Sole Agent:Mark RendellBusiness: 07 349 5368Mobile: 027 225 6275Email: [email protected]

IntroductionFavoured as Sole Agents by the Vendor, Bayleys Real Estate, Rotorua is pleased to offer for sale1266 Tutanekai Street, RotoruaSignificant attributes of this property include:• High profile tenant in large 829.8m² floor area• Four year lease renewed in December 2015• Fix coffee kiosk tenancy in front 5.6m² (more or less)• Jointly returning $232,661 per annum plus GST and outgoings

The Location 71 Riri Street 71 Riri Stre

Sales Process1266 Tutanekai Street, Rotorua is being offered for sale by Auction1pm, Thurs, 14 April 2016 (unless sold prior)The BNZ Partners Business Centre,First Floor, 1202-1212 Amohau Street, RotoruaOffers and correspondence must be made through Bayleys in all instances.The Information MemorandumThe purpose of this Information Memorandum is to provide information in relation to theproperty that is available. It is produced solely as a general guide for interested parties. It doesnot constitute valuation, legal or consultancy advice.This document is strictly confidential to the recipient and information contained herein maynot be disclosed to any other party and it may not be used or reproduced either in whole orin part without the written consent of the vendor or the selling agents.All areas, dimensions and measurements referred to in this Information Memorandum aremetric and prospective purchasers should confirm these during their due diligence.InspectionsAll inspections of the property by a purchaser and/or consultants are to be by priorappointment, and arranged through a Bayleys Representative.Contact:Mark RendellBusiness: 07 349 5368Mobile: 027 225 6275Email: [email protected] Realty Limited, Bayleys, Licensed under the REA Act 2008

Statement of General Policy• This report and the particulars contained herein do not form part of any contract.• Whilst due care has been taken in the preparation of this report, no representation is made and no responsibility is accepted for the accuracy of the whole or any part. Interested parties are advised to make their own enquiries and satisfy themselves in all respects.• Neither the whole nor any part of this report or any reference to it, may be included in any public document, circular or statement, without our written approval of the form and context in which it would appear.• This report does not purport in any way to be a structural or geological survey of the buildings and properties and we accept no responsibility in respect of such matters. It is assumed the land provides a stable building platform, and that the improvements all lie within the title boundaries and that there is no liability within the terms of the Resource Management Act or Building Act.• Any sketch plan or map in this report is included to assist the reader in visualising the property. We have made no survey of the property and assume no responsibility in respect of such matters. It is assumed all improvements are within the title boundaries.• Information about and measurements of buildings have been provided as a guide only and derived from existing records. No undertakings are made as their accuracy no responsibility accepted by the Vendor or agent in respect of their accuracy.• This information has been supplied by the vendor or the vendor’s agents. Accordingly Bayleys is merely passing over the information as supplied to us by the vendor or the vendor’s agents. We cannot guarantee its accuracy and reliability as we have not checked, audited, or reviewed the information and intending purchasers are advised to conduct their own due diligence investigation into the same.

AppendicesBrochure





TENANCY SCHEDULE: 1266 Tutanekai Street, RotoruaAS AT: February 2016Tenancy Type / Name Date Lease Term Rights of Final Expiry Current Rental Next Rent Review Area Leased Outgoings Commenced Renewal Date (approx.)Kathmandu Limited 5 December 2007 8 years 3 x 4 years 4 December $220,161.55 plus 5 December 2019 829.8m² 100% 2027 GST more or lessWACT Holdings Limited 1 June 2014 3 years 2 x 3 years 31 May 2023 $12,500 plus GST 1 June 2017 5.6m² more 100% or lessNotes: Total Income $232,661.55 per annum plus GST and outgoings

AppendicesCertificate of Title

COMPUTER UNIT TITLE REGISTER UNDER LAND TRANSFER ACT 1952 Guaranteed Search Copy issued under Section 172A of the Land Transfer Act 1952Identifier 392587Land Registration District South AucklandDate Issued 01 August 2008Prior References Supplementary Record Sheet428167 431004Estate Stratum in FreeholdLegal Description Unit 1 Deposited Plan 398373ProprietorsJanette Fay Irvine, Kierin John Irvine and Peter Rodney Spurdle as to a 1/5 shareRonald Bruce Finn and Lesley Anne Finn as to a 1/5 shareOwen Maurice Roberts, Stuart Ashley Roberts and Margaret Ann Shepherd as to a 2/5 shareHeather Gaye Reynolds, Hugh Hunter Reynolds and Richard Hunter Waddy as to a 1/5 shareThe above estates are subject to the reservations, restrictions, encumbrances, liens and interests noted below and onthe relevant unit plan and supplementary record sheetTransaction Id Guaranteed Search Copy Dated 17/02/16 5:38 pm, Page 1 of 3Client Reference btesnado001 Register Only

Identifier 392587 SUPPLEMENTARY RECORD SHEET UNDER UNIT TITLES ACT 1972 Guaranteed Search Copy issued under Section 172A of the Land Transfer Act 1952Identifier 431004Land Registration District South AucklandDate Issued 01 August 2008Plan Number DP 398373Subdivision ofLot 3 Deposited Plan South Auckland 3079 and Section 7, 23, 27 Block XL and Section 24 Block XL Town of RotoruaPrior References 392588 392589 392590428167Unit Titles Issued392587InterestsOWNERSHIP OF COMMON PROPERTYPursuant to Section 47 Unit Titles Act 2010 -(a) the body corporate owns the common property and (b) the owners of all the units are beneficially entitled to the common property as tenants in common in sharesproportional to the ownership interest (or proposed ownership interest) in respect of their respective units.The above memorial has been added to Supplementary Record Sheets issued under the Unit Titles Act 1972 to give effectto Section 47 of the Unit Titles Act 2010.Subject to Section 8 Coal Mines Amendment Act 1950 (affects Sections 23, 24 and 27 Block XL Town of Rotorua)Subject to Section 15 of the Rotorua Town Lands Act 1920Subject to a party wall right over part marked E on DP 398373 created by Transfer 275172 - 7.2.1936 at 10:16 amAppurtenant to Section 23 Block XL Town of Rotorua is a party wall right created by Transfer 275172 - 7.2.1936 at 10:16amSubject to a right of way over part marked A on DP 398373 created by Transfer S87883 - 15.6.1955 at 2:54 pm8203584.1 Change of rules of the Body Corporate - 29.6.2009 at 11:03 am9220518.1 Notice of change of body corporate operational rules pursuant to Section 106 Unit Titles Act 2010 - 26.10.2012at 4:23 pmTransaction Id Guaranteed Search Copy Dated 17/02/16 5:38 pm, Page 2 of 3Client Reference btesnado001 Register Only

Identifier 392587Transaction Id Guaranteed Search Copy Dated 17/02/16 5:38 pm, Page 3 of 3Client Reference btesnado001 Register Only

SUPPLEMENTARY RECORD SHEET UNDER UNIT TITLES ACT 1972 Search CopyIdentifier 431004Land Registration District South AucklandDate Issued 01 August 2008Plan Number DP 398373Subdivision ofLot 3 Deposited Plan South Auckland 3079 and Section 7, 23, 27 Block XL and Section 24 Block XL Town of RotoruaPrior References 392588 392589 392590428167Unit Titles Issued392587InterestsOWNERSHIP OF COMMON PROPERTYPursuant to Section 47 Unit Titles Act 2010 - (a) the body corporate owns the common property and (b) the owners of all the units are beneficially entitled to the common property as tenants in common inshares proportional to the ownership interest (or proposed ownership interest) in respect of their respectiveunits.The above memorial has been added to Supplementary Record Sheets issued under the Unit Titles Act 1972 togive effect to Section 47 of the Unit Titles Act 2010.Subject to Section 8 Coal Mines Amendment Act 1950 (affects Sections 23, 24 and 27 Block XL Town ofRotorua)Subject to Section 15 of the Rotorua Town Lands Act 1920Subject to a party wall right over part marked E on DP 398373 created by Transfer 275172 - 7.2.1936 at 10:16 amAppurtenant to Section 23 Block XL Town of Rotorua is a party wall right created by Transfer 275172 - 7.2.1936at 10:16 amSubject to a right of way over part marked A on DP 398373 created by Transfer S87883 - 15.6.1955 at 2:54 pm8203584.1 Change of rules of the Body Corporate - 29.6.2009 at 11:03 am9220518.1 Notice of change of body corporate operational rules pursuant to Section 106 Unit Titles Act 2010 -26.10.2012 at 4:23 pmTransaction Id 45929763 Search Copy Dated 11/02/16 2:38 pm, Page 1 of 1Client Reference btesnado001 Register Only



AppendicesLand Information Memorandum Report

RDC-LIM4779-OTHER 1Regulatory, Rates & Parks - For any queries please contact departments listed below LAND INFORMATION MEMORANDUM (LIM)ApplicationDATE RECEIVED: 12 Feb 2016 DATE ISSUED: 19 February 2016FEE: $250.00 RECEIPT NO: 236105APPLICANT: MR OWEN MAURICE ROBERTS,ADDRESS FOR SERVICE: PO BOX 8010 WESTERN HEIGHTS ROTORUA 3047EMAIL: [email protected] and [email protected] SITUATION ADDRESS: 1266 TUTANEKAI STREET LEGAL DESCRIPTION: UNIT 1 DP 398373 ON LOT 3 DPS 3079, SECTION 7,23,24 and 27 BLOCK XL ROTORUA AREA: 0.0000 ha VALUATION: 06500*066*02*A PROPERTY NO: P32966Council has prepared this LIM as requested to contain information on the Unit Title property as in the legal descriptionabove. This report does NOT contain information on other buildings/properties on the same underlying parcel of land, butdoes advise of all relevant land features and other matters for the underlying parcel that may affect the subject property.BODY CORPORATE File Ref P00099,This LIM comprises of the following documents;RDC-LIM4779-OTHER - Regulatory, Rates & ParksRDC-LIM4779-PLANNING - Planning ServicesRDC-LIM4779-RES_ENG - Resource EngineeringRDC-LIM4779-BUILDING - Building ServicesList of Attachments:The following documents are provided with the LIM;Certificate of TitleTitle PlansServices PlansPlanning MapsAll other documents that the LIM refers to are held on the property file which will be made available to theapplicant to view.

RDC-LIM4779-OTHER 2Regulatory, Rates & Parks - For any queries please contact departments listed below Disclaimer The information contained in this LIM has been taken from Council’s records as they stand and this LIM can only supply information known to Council. There may be other issues relating to the property that the applicant needs to investigate, such as information on Property titles. An on-site inspection has not been undertaken for the purposes of this Land Information Memorandum Report. This LIM was produced using both automatic and manual processing. Some of the automatic processing includes spatial checks for relative locations of features. Please read the following notes on those data sources. SPATIAL DATA SETS Accuracy of property boundaries +/- 0.2m - 0.3m in urban areas and up to +/- 30m in rural areas. Property boundaries, legal descriptions and legal areas sourced from LINZ. Contours 1m, are derived from the processing of 2011 aerial photography Projection: New Zealand Transverse Mercator. New Zealand Geodetic Datum 2000 GeyserView represents Council's most up to date compiled and published data. Council does not warrant the accuracy of the information represented by this map. LINZ Licenses. CROWN COPYRIGHT RESERVED. AERIAL IMAGERY Aerial Imagery flown 2011 Accuracy of 1:1000 dataset aerial imagery +/- 0.5m. Accuracy of 1:5000 dataset aerial imagery +/- 12.5m.

RDC-LIM4779-OTHER 3Regulatory, Rates & Parks - For any queries please contact departments listed belowGeothermal Contact - General Inspector Geothermal – 07 3484199Is there any information known to Council with regard to geothermal on site? Yes4 geothermal bores known to be on this site 3 bores are recorded as grouted shut. Thereis no record of the forth bore (RR378) being grouted, it is believed this bore is under theexisting building.Council has disclosed above in this LIM the geothermal features and characteristics (ifany) of the property known to it. However, Bay Of Plenty Regional Council has alegal obligation to identify natural hazards on properties, including geothermal activity.Accordingly, enquiry should prudently be made of Bay Of Plenty Regional Council inregard to same. Council accepts no responsibility for any damage or loss, incurred byany person arising from such geothermal activity.The Rotorua Air Quality Control Bylaw Contact - General Inspector Geothermal – 07 3484199Does the property fall within the Rotorua Airshed? YesOn 26 August 2010 Council adopted the Rotorua Air Quality Control Bylaw (the Bylaw).The purpose of the Bylaw is to restrict and reduce emissions of fine particulates from oldand inefficient solid-fuel burners being used for home heating in the Rotorua UrbanAirshed (the Airshed). The Bylaw applies to all homes within the Airshed.The Bylaw is made up of three rules which come into effect over five years.New Burner Rule – From 1 December 2010 there is a restriction on the installation of newburners. No solid-fuel burner can be installed in any house unless it is on the Ministry forthe Environment’s current National List of Authorised Wood Burners or Pellet Burner Listor meets the design standard and thermal efficiency standard of the air standard.Point of Sale Rule – From 1 May 2012 any solid-fuel burner that was; installed prior to 1September 2005 or; is not on the Ministry for the Environment’s current National List ofAuthorised Wood Burners or Pellet Burner List or; does not meet the design standard andthermal efficiency standard of the air standard and thermal efficiency standard of the airstandard must be removed or replaced by the vendor before a transfer of ownership ofthe house can take place (except for Heritage Buildings).Ban on indoor Open Fires – From 1 May 2015 no discharges from any indoor open firesare permitted, except for Heritage Buildings.A full copy of the Bylaw is on Council’s website http://www.rotorualakescouncil.nz or formore information contact Bay of Plenty Regional Council on 0800 468792 or visithttp://www.boprc.govt.nzLiquor Licensing Contact – General Inspector Liquor – 07 3484199Is there any information known to Liquor Licensing in relation to the subject property? NoEnvironmental Health Contact – Environmental Health Officer – 07 3484199Is there any information known to Environmental Health in relation to the subject property? Yes The premises known as ‘Fix’ (coffee kiosk) has a Food Hygiene Registration which expires 31st May 2016

RDC-LIM4779-OTHER 4Regulatory, Rates & Parks - For any queries please contact departments listed belowSports and Recreation Reserves Contact – Open Space Operations Advisor – 07 3484199Is there any information known to Sports and Recreation in relation to the subject property? NoValuation / Rates / Metered Water Contact – Rates Team Leader – 07 3484199Valuation Roll Number: 06500*066*02*A Property No: P32966Current Rating Valuation Land Value Capital Value01 JUL 2014 $800,000 $1,940,000Prior Rating Valuation $910,000 $2,370,00001 JUL 2011Current Rating Information dated 12 February 2016Total Annual Rates for year ending 30 June 2016 $19933.54Rates charges comprised of: Rate Unit AmountGeneral Rate Business Urban Cbd Retail 0.0055062 1,940,000 $10,682.03Uniform Annual General Charge 575. 1 $575.00Business & Econ Dev - Urb/Rur Bus - Uni 210.5765 1 $210.58Business & Econ Dev - Urb/Rur Bus - Var 0.00354315 1,940,000 $6,873.71Lakes Enhancement Rate 19.55 1 $19.55Urban Sewerage Development Rate 3.22 1 $3.22Sewage Disposal Charge 1-4 Pans 447.005 2 $894.01Urban Refuse 163.3 1 $163.30 District Total: $19,421.40B O P Regional Council Gen Rate 0.000328 800,000 $262.41Bop Uniform Annual Gen Charge 87.331 1 $87.33Bop Passenger Transport Rate 26.611 1 $26.61Lakes Restoration Rate <2Ha 86.9515 1 $86.95Bop Air Action Plan 21.1255 1 $21.13Kaituna Catchment Scheme Ro3 S 870.1705 0.0300 $26.11Kaituna Catchment Scheme Ro3 A 31.326 0.0512 $1.60 Region Total: $512.14 TOTAL: $19,933.54Rates (incl any arrears) owing as at 12/02/2016: $4,983.35Rates to clear 30th June 2016: $9,966.77Please contact Council on (07) 348 4199 if you require any further details.All amounts shown are inclusive of GST.Rates are charged in four instalments for the period commencing 1 July and ending 30June each year:1st Instalment 1 July – 30 September Final Date for Payment 20 August2nd Instalment 1 October – 31 December Final Date for Payment 20 November3rd Instalment 1 January – 31 March Final Date for Payment 20 February4th Instalment 1 April – 30 June Final Date for Payment 20 MayMetered Water Details: This property has metered water from the Urban Water Supply and is billedquarterly.The current balance is $60.59.Meter ID Meter Location7913 ERUERA ST ROW-4TH LEFT:UNIT 1 KATMANDU

RDC-LIM4779-PLANNING 5Planning Services - For any queries please contact planning duty officer – 07 3484199Land Features Characteristics: (including erosion and hazards) YesIs there any information known to Council with regard to other features? INFORMATION NOTICE - Amalgamation (22075) INFORMATION NOTICE – Other – Service Corridor (25447) See attached Information Notices for Lot 3 DPS 3079, Section 7,23,24 and 27 Block XL Subdivision consent reference 6307086 Reference: RDC-44335 and RDC-153637(Other Land Feature information may be advised in the Resource Engineers section of this LIM)Planning/Resource Management Act 1991Resource ConsentsConsent No. Date of Decision Activity Type Activity Description Status Land Use – Controlled External alterations to GRANTED8382 14 Sepember 2007 Objection the old Farmers See Folder Variation Building. RC8382-P000998382 01 12 November 20078382 02 8 February 2008 In addition to the resource consent lodged against this property, copies of the subdivision that created this Unit title are on the property file. See folder RC6307086- P32969 RC8633 – Subdivision – 4 x unit tiles on lot 1 and vesting of Lot 2 as service land – 6307086.Consent Notices or Covenants There are no consent notices or covenants lodged against this property.Proposed Rotorua District Plan Status Council has reviewed the Operative Rotorua District Plan (with the exception of Part 20 – known as the ‘Lakes A Zone’). The Proposed Rotorua District Plan (Proposed Plan) was publicly notified on 31 October 2012 and decisions on submissions received have been released and the appeal period has now closed. Until a determination has been made which identifies those parts of the Proposed District Plan that are under appeal, the provisions of both of the Operative District Plan and the Proposed District Plan are considered. Please contact Council’s Planning Policy team on 07 348 4199 if you’d like to discuss any aspect of the Proposed District Plan and the appeals.Operative Rotorua District Plan Before undertaking any activity on the land you are advised to look at the relevant provisions of both the Operative and Proposed District Plans. Both the Operative and Proposed Plans are available on Council’s website http://www.rotorualakescouncil.nz under Our Services / Planning Services / District Plan. Should you be unsure about any aspect you may wish to gain further information from Planning Services staff by phoning (07) 348 4199 for an appointment with the Duty Planner. You can also email enquiries to mailto:[email protected] or alternatively you may also wish to seek independent professional advice.

RDC-LIM4779-PLANNING 6Planning Services - For any queries please contact planning duty officer – 07 3484199District Plan Zoning The land is currently zoned Commercial A (CBD Core) as shown on Planning Map Sheet 26 of the Operative District Plan. In the Proposed District Plan, the land is zoned City Centre 1 as shown on Proposed Planning Map Sheets 336. (Copies of the relevant Planning Maps are enclosed for your information).Adjoining Land Yes Are there any District Plan matters, Land Use or Subdivision Consent matters of note on the adjacent property or properties in the immediate vicinity?A Consent (13063 ) for a land use consent - discretionary has been submitted forwork of the following nature: 'Addition of one further level to the top of the buildingto provide for 16 additional apartments.' at 1203 HINEMOA STREET. The mostrecent process stage of this application was applied for on 23 February 2009 andwas granted on 23 March 2009.A Consent (13669 ) for a land use consent - discretionary has been submitted forwork of the following nature: 'Establish residential and travellers accommodation.'at 1192 HINEMOA STREET. The most recent process stage of this application wasapplied for on 29 June 2010 and was granted on 9 August 2010.A Consent (13964 ) for a subdivision consent - non complying has been submittedfor work of the following nature: 'To unit title 29 ground floor retail units, 75residential units over levels 1 to 5 and 78 carparks on level 1.' at TUTANEKAISTREET. The most recent process stage of this application was applied for on 12April 2011 and was granted on 31 May 2011.A Consent (13968 ) for a land use consent - discretionary has been submitted forwork of the following nature: 'Establish, operate and maintain a telecommunicationsrooftop facility that exceeds the maximum height requirements.' at 1154 HINEMOASTREET. The most recent process stage of this application was applied for on 14April 2011 and was granted on 16 May 2011.A Consent (14284 ) for a land use consent - discretionary has been submitted forwork of the following nature: 'Redevelop and refurbish existing building in touristaccommodation.' at 1192 HINEMOA STREET. The most recent process stage ofthis application was applied for on 5 March 2012 and was granted on 29 March2012.A Consent (14474 ) for a planning sale of liquor certificate has been submitted forwork of the following nature: 'On licence. 6am - 11pm, Monday to Sunday.' at 1154HINEMOA STREET. The most recent process stage of this application was appliedfor on 27 September 2012 and was granted on 1 October 2012.A Consent (14627 ) for a land use consent - controlled minor has been submittedfor work of the following nature: 'To refit single ground floor tenancy into two withnew shopfront entry door.' at 1160 HINEMOA STREET. The most recent processstage of this application was applied for on 5 April 2013 and was granted on 16April 2013.A Consent (14937 ) for a land use consent - discretionary has been submitted forwork of the following nature: 'External alterations to the Westpac building which islisted as historic in Appendix A.' at 1251 TUTANEKAI STREET. The most recentprocess stage of this application was applied for on 23 April 2014 and was grantedon 29 May 2014.A Consent (15147 ) for a land use consent - discretionary has been submitted forwork of the following nature: 'Upgrade Two Degrees mobile facility' at 1154HINEMOA STREET. The most recent process stage of this application was appliedfor on 15 December 2014 and was granted on 2 February 2015.

RDC-LIM4779-PLANNING 7Planning Services - For any queries please contact planning duty officer – 07 3484199 A Consent (15175 ) for a land use consent - controlled has been submitted for work of the following nature: 'External alterations in the CBD at 1154 Eruera Streett' at 1154 ERUERA STREET. The most recent process stage of this application was applied for on 29 January 2015 and was granted on 26 February 2015. A Consent (15270 ) for a planning sale of liquor certificate has been submitted for work of the following nature: 'On licence - 11am to 10pm, 7 days.' at 1154 HINEMOA STREET. The most recent process stage of this application was applied for on 10 June 2015 and was granted on 11 June 2015. A Consent (3483 ) for a land use consent - discretionary has been submitted for work of the following nature: 'Proposed Nokia parabolic dish antenna on top of building.' at 1154 HINEMOA STREET. The most recent process stage of this application was applied for on 17 April 2000 and was granted on 3 May 2000. A Consent (3815 ) for a land use consent - non complying has been submitted for work of the following nature: 'Establish Back Packer accommodation on Levels 4 & 5 waiving of all but one carpark required. (where the District Plan required 14 parks)' at 1145 ERUERA STREET. The most recent process stage of this application was applied for on 10 October 2000 and was granted on 1 November 2000. A Consent (4394 ) for a land use consent - controlled has been submitted for work of the following nature: 'Establish Starbucks Coffee facility, including signage.' at 1248 TUTANEKAI STREET. The most recent process stage of this application was applied for on 9 July 2001 and was granted on 3 August 2001. A Consent (4484 ) for a land use consent - discretionary has been submitted for work of the following nature: 'Extend hours for sale of liquor to 6am to 5.30am the following day, 7 days a week.' at 1148 HINEMOA STREET. The most recent process stage of this application was applied for on 28 August 2001 and was granted on 11 September 2001. A Consent (5290 ) for a land use consent - discretionary has been submitted for work of the following nature: 'Upgrade existing rooftop telecommunications facilities.' at 1154 HINEMOA STREET. The most recent process stage of this application was applied for on 20 November 2002 and was granted on 18 December 2002. A Consent (5290 01) for a land use consent variation has been submitted for work of the following nature: 'Variation to consent 5290 condition 1- to add a parabolic dish antenna to the site.' at 1154 HINEMOA STREET. The most recent process stage of this application was applied for on 20 August 2003 and was granted on 16 September 2003. A Consent (5327 ) for a land use consent - discretionary has been submitted for work of the following nature: 'Extend hours for sale of liquor to Monday-Sunday 6.00am to 1.00am the following day.' at 1179 ERUERA STREET. The most recent process stage of this application was applied for on 17 December 2002 and was granted on 9 January 2003. A Consent (5417 ) for a land use consent - controlled has been submitted for work of the following nature: 'Install and operated 2 dish telecommunications antenna on roof of Trustbank building.' at 1154 HINEMOA STREET. The most recent process stage of this application was applied for on 5 March 2003 and was granted on 16 April 2003. A Consent (5477 ) for a land use consent - controlled has been submitted for work of the following nature: 'New building and external alterations to existing building for use as educational facilities and ancillary student accommodation.' at 1249/18 TUTANEKAI STREET. The most recent process stage of this application was applied for on 15 April 2003 and was granted on 9 July 2003.

RDC-LIM4779-PLANNING 8Planning Services - For any queries please contact planning duty officer – 07 3484199 A Consent (6414 ) for a land use consent - discretionary has been submitted for work of the following nature: 'Install 900mm antenna dish on rooftop Westpac Trust Bldg' at 1154 HINEMOA STREET. The most recent process stage of this application was applied for on 24 September 2004 and was granted on 1 December 2004. A Consent (6681 ) for a land use consent - controlled has been submitted for work of the following nature: 'Alterations to existing mobile telecommunications site' at 1154 HINEMOA STREET. The most recent process stage of this application was applied for on 24 February 2005 and was granted on 23 March 2005. A Consent (8202 ) for a land use consent - discretionary has been submitted for work of the following nature: 'On-Licence between the hours of 11pm till 6am each day through mini bars in each of the 40 rooms and for the hotel to provide alcoholic drinks to guests only through room service' at 1129 HINEMOA STREET. The most recent process stage of this application was applied for on 12 March 2007 and was granted on 11 April 2007. A Consent (8382 ) for a land use consent - controlled has been submitted for work of the following nature: 'External alterations to the old Farmers Building.' at 1266 TUTANEKAI STREET. The most recent process stage of this application was applied for on 13 June 2007 and was granted on 14 September 2007. A Consent (8382 01) for a land use consent objection has been submitted for work of the following nature: 'Objection to Cond. 5 and 6 re signage' at ERUERA STREET. The most recent process stage of this application was applied for on 25 September 2007 and was granted on 12 November 2007. A Consent (8382 02) for a land use consent variation has been submitted for work of the following nature: 'Variation to allow storage cupboard in common area at rear of building, and to include the sale of coffee and food.' at ERUERA STREET. The most recent process stage of this application was applied for on 16 January 2008 and was granted on 8 February 2008. A Consent (8619 ) for a land use consent - controlled has been submitted for work of the following nature: 'Establish beauty salon grd floor, hsehld unit 1st floor' at 1151 HINEMOA STREET. The most recent process stage of this application was applied for on 8 October 2007 and was granted on 5 November 2007. A Consent (8915 ) for a land use consent - discretionary has been submitted for work of the following nature: 'Operate a Licence premise between 9am-1am the following day 7 day a week.' at 1122 HINEMOA STREET. The most recent process stage of this application was applied for on 14 April 2008 and was granted on 12 May 2008. A Consent (9175 ) for a land use consent - discretionary has been submitted for work of the following nature: 'Redevelop ex Post office building, retail and apartments.' at TUTANEKAI STREET. The most recent process stage of this application was applied for on 19 September 2008 and was granted on 13 November 2008. A Consent (9191 ) for a land use consent - discretionary has been submitted for work of the following nature: 'Modifications to existing telecommunication facility' at 1154 HINEMOA STREET. The most recent process stage of this application was applied for on 1 October 2008 and was granted on 23 October 2008. A Consent (9277 ) for a compliance certificate (s139) has been submitted for work of the following nature: 'Certificate of Compliance for TAB facilities' at 1152 ERUERA STREET. The most recent process stage of this application was applied for on 31 July 2003 and was granted on 8 August 2003.

RDC-LIM4779-PLANNING 9Planning Services - For any queries please contact planning duty officer – 07 3484199 A Consent (9278 ) for a compliance certificate (s139) has been submitted for work of the following nature: 'Compliance Certificate to establish TAB facilities' at 1151 HINEMOA STREET. The most recent process stage of this application was applied for on 31 July 2003 and was granted on 8 August 2003. A Consent (9867 ) for a planning sale of liquor certificate has been submitted for work of the following nature: 'On-licence Mon-Sat 6am-3am Sun 6am- midnight(Whiskey Jack' at 1151 HINEMOA STREET. The most recent process stage of this application was applied for on 24 June 2004 and was granted on 28 June 2004.Central Business District YesIs the property located within the Central Business District? Please be advised that the construction of new buildings in the CBD requires resource consent.Designations NoIs the land designated?Is the airspace above the land designated? Yes The airspace above the property for which this LIM relates is designated as part of the Rotorua Airport approach and take-off obstacle limitation surface. See Appendix B1.14 of the Operative Rotorua District Plan for the Rotorua Regional Airport Limited’s designation. See also comment under Height Restriction Areas and Rotorua Airport Noise ContoursDoes the land adjoin any designated land? Yes All urban roads within the Rotorua District are designated.Is the land potentially affected by other designations in the vicinity? NoIs the land potentially affected by a notice of requirement (proposed designation) in the vicinity? NoScheduled Site NoIs the land a scheduled site?Road Widening NoIs the land affected by road widening proposals?Service Lanes NoIs there a proposed service lane affecting the land?Height Restriction Areas YesIs the land subject to special height restrictions? The designated obstacle limitation surface is significantly higher than the maximum height limit for the zone. Buildings, structures and trees complying with the maximum height rules for the zone will be unaffected by the height restriction. Should you require further information contact should be made with Planning Services, Rotorua District Council.

RDC-LIM4779-PLANNING 10Planning Services - For any queries please contact planning duty officer – 07 3484199Natural and Cultural Heritage Inventory NoAre there natural or cultural heritage features on the land identified in the District Plan?If you intend to carry out a specific development proposal, a site-specific investigationmay be required to identify unrecorded archaeological sites, natural or cultural heritagefeatures. Specific approval may be required under the Historic Places Act.Rotorua Regional AirportIs the land subject to the Rotorua Regional Airport Noise Control and Mitigation requirements? NoHazardous SubstancesAre there any resource consents for hazardous substances for this property? NoAre there any former dangerous goods licences for this property? NoIs this property listed on the regional councils Hazardous Activities Industry List (HAIL)? NoIs there anything known to Council identifying any likely presence of hazardous contamination? NoThe following is some more information about HAIL activities and contaminated land,and what to look out for when buying or selling property: Ministry for the Environment:Is my land contaminated?http://www.mfe.govt.nz/issues/managing-environmental-risks/contaminated-land/is-land-contaminated/index.htmlClassification of Land/Buildings by Other Statutory Organisations NoAre there any classifications notified to this Council by other Statutory Organisations?Although Council has disclosed above any information which has been notified to it byany statutory organisation having the power to classify land or buildings for anypurpose, the applicant is advised that the information so notified may not be exhaustive.Other statutory organisations, principally but not exclusively Regional Councils, play alarge regulatory role in regard to properties in the Rotorua District. To obtain furtherinformation, the applicant may wish to make enquiries of:Bay of Plenty Regional Council (Head Office)PO Box 364,WHAKATANE 3158Phone (0800) 884 [email protected] of Plenty Regional Council (Rotorua Office)1125 Arawa StreetROTORUAPhone (07) 921 3370

RDC-LIM4779-PLANNING 11Planning Services - For any queries please contact planning duty officer – 07 3484199Rural Properties (only) within 25 metres of Lakes, Rivers, StreamsIs the property within the Rural A, B, C, D, E or G zone? NoIn the Rural A, B, C, D, E, and G zone no building, waste disposal facility or structuresfor confined animal farming may be erected within 25 metres of any river or stream, thebed of which has an average width of 3 metres or more, or from any lake with a surfacearea of 8 hectares, or within 5 metres of any esplanade reserve or strip.Lakes and Foreshore Structures NoIs there any information known to Council with regard to lakes/foreshore structures?Other Comments

RDC-LIM4779-PLANNING - Attachments 12Planning Services - For any queries please contact planning duty officer – 07 3484199 Attachments - Planning Services- :

RDC-LIM4779-PLANNING - Attachments 13Planning Services - For any queries please contact planning duty officer – 07 3484199

RDC-LIM4779-PLANNING - Attachments 14Planning Services - For any queries please contact planning duty officer – 07 3484199

RDC-LIM4779-PLANNING - Attachments 15Planning Services - For any queries please contact planning duty officer – 07 3484199

RDC-LIM4779-PLANNING - Attachments 16Planning Services - For any queries please contact planning duty officer – 07 3484199

RDC-LIM4779-PLANNING - Attachments 17Planning Services - For any queries please contact planning duty officer – 07 3484199

RDC-LIM4779-PLANNING - Attachments 18Planning Services - For any queries please contact planning duty officer – 07 3484199

RDC-LIM4779-PLANNING - Attachments 19Planning Services - For any queries please contact planning duty officer – 07 3484199

RDC-LIM4779-PLANNING - Attachments 20Planning Services - For any queries please contact planning duty officer – 07 3484199

RDC-LIM4779-RES_ENG 21Resource Engineering - For any queries please contact duty officer – 07 3484199 No Land Features Characteristics: (including erosion and hazards) Is there any detail of filling on the land known to the Council?Is there any information known to Council with regard to other features? YesThe Proposed Rotorua District Plan Planning Maps included a series of “Special Interest”maps. The Special Interest map that is relevant to this site is attached210 - Areas of Soft Ground Potential.213 – Geothermal Fields of the Rotorua District.It is important to note this information has been produced at a district wide level and isbased on a desktop study – no field investigation of the subject property has beenundertaken to produce the attached mapping. The full report is available on Council'swebsite http://www.rotorualakescouncil.nz. The map does not trigger any district planrules (either operative or proposed) and is provided for information purposes, and as apreliminary indicator that this hazard may impact on the ability to further develop thisproperty.Further investigation by a suitably qualified professional may be required to ensure theland is suitable for development.(Other Land Feature information may be advised in the Planning section of this LIM)Private/Public Drains/EasementsAre there any private/public drains known to Council to cross this property? NoAre there any easements known to Council on this property? NoAre there any manholes known to Council on this property? NoIf you notice any manhole lids displaced or not fitting properly please notify Councilimmediately.Development Contributions NoAre there any outstanding Development Contributions associated with any projects on thisproperty?Drinking Water Supply ServicesIs the property served by a Rotorua Lakes Council Water Supply Utility? Yes Property falls within the Urban water supply. Water is currently provided from this supply by a metered connection. See Water connection details (RDC-145935) on Council file.Are there any requisitions known to Council regarding these services? NoAre there any Capital Contributions outstanding to this Water Supply? NoAre there any Back flow prevention device requirements? NoHowever please Note: It is possible that any extra-ordinary water connection may requirethe installation of an approved backflow prevention device or the upgrade of the existingbackflow device on the water connection to protect the public water supply from risk of

RDC-LIM4779-RES_ENG 22Resource Engineering - For any queries please contact duty officer – 07 3484199 contamination. Any requirement for backflow protection will be based on the type of activity being undertaken at the property. All backflow devices are required to be tested annually by an appropriately qualified person and a copy of the Test Certificate forwarded to Council. The Health (Drinking Water Amendment Act 2007 69ZZZ) enables Council to charge the water user for the supply, fitting and testing of an appropriate device. Altering or removing this Backflow Device is a serious offence under current Bylaws. An extra-ordinary water connection is defined as one that serves any of the following:  A commercial or industrial property.  More than two residential dwellings.  A rural or residential property in excess of 2000 square meters in size.  Any property outside of the designated water supply area.  A usage that falls outside the definition of ordinary use, e.g. Geothermal water heat exchanging or hot pool cooling.Reticulated Public Sewer and Trade Waste Services YesIs the property served by a Rotorua Lakes Council sewer? Yes Sewerage reticulation present. See Services Plan (Copy attached). No See Waste water application (RDC-130740) on Council file. NoIs the property connected to the Rotorua Lakes Council sewer?Is there any information known to Trade Waste in relation to the property?Are there any Trade Waste Bylaw issues / requisitions known to Council in relation to thisproperty?Reticulated Stormwater Drainage and Pollution Control Services YesIs the property served by Rotorua Lakes Council reticulated stormwater drainage?Is there any information about reticulated stormwater drainage issues in relation to this Noproperty?Are there any Pollution Control Bylaw issues / requisitions known to Council in relation to thisproperty? NoVehicle Crossings There is a requirement under the District Plan and local bylaws for every property to have a properly formed and sealed vehicle crossing in accordance with the Rotorua Civil Engineering Industry Standard. Please be aware that if this property has an unsealed vehicle crossing, Council may request that this be brought up to standard at any time at the owners' expense.Other CommentsRefer to the Land Features in the Planning section of this LIM - Rules of the Body Corporate.

RDC-LIM4779-BUILDING 23Building Services - For any queries please contact building duty officer – 07 3484199 No Building Services: Are there any Information Notices issued by Building Services on the Council property file?Building Consents/Certificates/Notices/Orders/RequisitionsBuilding Consents & Permits / Plumbing & Drainage Permits / Certificates of AcceptanceReference number Date issued Description of Work Status Status DateBC71000-P32966 2/5/2013 CCC Issued 26/8/2013 BC71000 - Seismic strengthening forBC60882-P32969 16/1/2009 Kathmandu building CCC Issued 3/7/2008BC62268-P32966 23/7/2008 BC60882 - Ground floor alterations - Shop CCC Issued 22/8/2008BC60800-P32969 2/8/2007 / tenancy walls and new shop fronts CCC Issued 10/4/2008BC61031-P32966 30/5/2007 Cancelled 16/6/2009 BC62268 - Internal fit out of kiosk tenancyBCA131904- 1/7/1971 Completed 11/4/1972P00099 BC60800 - Internal demolitionBC2569-P00099 BC61031 - Cancelled - Shop fit out - units 1 and 3 BCA131904 - Shop and storeroom 18/9/1954 BC2569 - Shop and store - Woolworths Unknown Pre-1991 PermitsKEY to terms used regarding status of Building Consent / PermitCancelled Building Work not completed as per the building permit and therefore cancelled. Council will not undertake inspections or review this application.CCC Issued Building work completed and “Code Compliance Certificate” has been issued.Completed Building work completed. (Pre-Building Act 1991, therefore CCC is not applicable)Unknown / Pre 1991 Permits Council has either no records of inspections, no final inspections undertaken, no records, or the work was completed without inspections. Please refer to the building permit inspection card, if any, for final status.Approved exempt building work (1st Schedule NZBA 2004) NoHave there been any notifications of exempt building work?Independent reports NoAre there any independent reports on file?Building Act requisitions or Modifications to Building Consent NoAre there any Building Act requisitions or Modifications to Building Consent?Compliance Schedules and Building Warrant of Fitness Yes 13/07/1993Has there been a Compliance Schedule issued for any buildings on the property? Issue date of Compliance Schedule See property file, document reference: RDC-567256 for copy of compliance schedule.Is there a current Building Warrant of Fitness for any buildings on the property? Yes 13/07/2016 Expiry date of Building Warrant of Fitness See property file, document reference: RDC-567825 for copy of building warrant of fitness.BWOF has been maintained in accordance with “Section 108 NZ Building Act 2004”http://www.dbh.govt.nz/building-warrant-of-fitness-guide

RDC-LIM4779-BUILDING 24Building Services - For any queries please contact building duty officer – 07 3484199Determinations issued by the Ministry of Business, Innovation and Employment (MBIE)Have there been any Determinations issued by the MBIE? NoWeathertight Homes Resolution Service Act 2006 NoAre there any known issues regarding weathertightness?Notice To Fix (Section 124 Building Act 2004) NoAre there any outstanding Notices to Fix?Unresolved Complaints NoAre there any unresolved complaints?Earthquake prone buildings (Section 124 Building Act 2004) NoWill any building/s within this property require a structural assessment to be undertaken?This building has been strengthened and found not to be earthquake prone building,please review engineers report for the specific percentage of the New BuildingStandard. (NBS)http://www.rdc.govt.nz/Services/~/media/RDC/Files/CouncilDocuments/Policies/Building_Policy%20on%20Earthquake%20Prone%20Buildings.ashxFencing of Swimming Pools Act 1987 NoIs there a pool on the RDC register? Obligations of owner and persons in control of pool Every owner and/or persons in control of a pool must ensure that the pool is fenced in accordance with the Fencing of Swimming Pools Act 1987 and that the swimming and spa pool is placed onto the RDC register. Every owner and/or persons in control of a pool the swimming / spa pools need to ensure that these pools are not filled with water until after being inspected by Council. http://www.legislation.govt.nz/act/public/1987/0178/latest/DLM124442.htmlOther comments

AppendicesApproved Auction Terms and Conditions

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