New Augusta Syndication - Ashburton Central


160-250 Corner Cass and Tancred Street, Ashburton

Price On Application

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New Augusta Syndication - Ashburton Central | 160-250 Corner Cass and Tancred Street, Ashburton | 1681500 |      X Close
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New Augusta Syndication - Ashburton Central


- Investment in a New Zealand limited partnership which will acquire this modern, well presented bulk retail centre

- Projected pre-tax total return of 10%pa with cash distributions of 8.5%pa paid monthly - difference applied to debt reduction (initial low gearing of 41.2%). Investors liable for tax on full 10%.

- Limited availability - 105 Units in the syndicate at $50,000 each (minimum purchase 2 units, $100,000). The Vendors will subscribe for a minimum of 63 Units, leaving only 42 Units on offer

- Single asset, fully leased multi-tenanted investment with exposure to retail sector. Includes national brands Briscoes and Noel Leeming

- Corner site location with three street frontages

- Total land holding of 10,163 square metres with 133 car parks

- Offer fully underwritten by the Vendors

For a copy of the Information Memorandum or to discuss whether you qualify as a Wholesale Investor please contact the selling agents.

*Projected pre-tax return for the first financial period ending 31 March 2017, to be paid monthly. The return is not guaranteed and the actual rate may vary. Details on how the return will be calculated and the risk associated with this investment and return are set out in the Information Memorandum. Prospective investors are recommended to seek professional advice from an Authorised Financial Adviser which takes into account their personal circumstances before making an investment decision. The selling agents are not providing personalised advice, but will provide all prospective investors with a copy of the Information Memorandum. Wholesale investors refers to persons who fall within the definition of 'wholesale investor' under the Financial Markets Conduct Act 2013. Further information on the definition of 'wholesale investor' will be set out in the Information Memorandum that will be provided to all prospective investors.

160-250 Corner Cass and Tancred Street, Ashburton

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