The opportunity exists for wholesale investors to express interest in FirstBuild Limited. New Zealand faces a major housing shortage, and Auckland and Tauranga are listed in the top least affordable cities in the world to buy homes. For over 150 years the technology to deliver houses in New Zealand has not changed, and there has been little innovation in large scale house manufacturing until now.
The FirstBuild Founders are driven by a mutual belief that our kids should be able to afford a house in New Zealand. FirstBuild’s vision is to deliver New Zealand families with high quality modern modular homes that offer great choice, are affordable, fast to deliver and better for our environment.
FirstBuild has developed a flexible and innovative modular design which uses standard
timber flooring cassettes and a patent pending engineered steel bracketing system that
connects the houses together - it's like Lego; but bigger!
FirstBuild provides market innovation in quality of product, consumer choice, affordability, rapid build times and ease of haulage to build sites all across the country.
FirstBuild is looking for funding partner(s) to provide $800,000 to support manufacturing
capacity and growth.
The funding instrument is a Convertible Note(s), with the terms as set out in the attached Convertible Note Agreement