New Augusta Investment Opportunity


752 Great South Road, Penrose

Price On Application

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New Augusta Investment Opportunity | 752 Great South Road, Penrose | 1691504 |      X Close
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New Augusta Investment Opportunity


The Visy Glass Industrial Property - Penrose, Auckland

- $50,000 minimum investment with forecast cash distributions paid monthly.

- 20 year "triple net lease" (widely considered the most landlord friendly form of lease) to Visy Glass Operations (NZ) Limited.

- The tenant is part of the Visy Group, one of the world's largest privately owned paper, packaging and recycling companies with 5,000 employees and more than 120 sites throughout Australasia.

- Annual 3% rental growth, increasing the rental income annually for the next 20 years.

- Significant size - this substantial 8.576ha land holding includes approximately 67,655sqm of floor area.

- High-profile position in one of New Zealand's pre-eminent industrial suburbs, Penrose, Auckland.

- Proven Manager - Augusta Funds Management was established in 2001 and have vast experience and a long history in managing successful shared property ownership structures.

For more information including a copy of the Product Disclosure Statement or presentation and webinar details, please visit www.augustainvestments.co.nz or contact the selling agents.

The investment is in ordinary shares in Augusta Penrose Limited, a company established by Augusta Funds Management Limited to acquire and own the Visy Glass Industrial Property.

Augusta Penrose Limited is the issuer of the shares. The offer of shares is made on the terms outlined in the Product Disclosure Statement for Augusta Penrose Limited. 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. Neither Augusta Penrose Limited nor any other person guarantees the shares being offered, nor warrants or guarantees the future performance of Augusta Penrose, the shares or any return on the investment.