Southgate Retail Centre, Takanini, Auckland


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Southgate Retail Centre, Takanini, Auckland | Takanini | 420097 |      X Close

Southgate Retail Centre, Takanini, Auckland

- $50,000 minimum investment

- The property settled on 30th April 2015 and there are units still currently available for sale at $50,000 each returning 8.0%pa pre-tax (Currently held by Augusta Capital)*.

- Modern fully occupied freehold shopping centre anchored by Mitre 10 Mega on a 13 year lease from 30 April 2015 giving the Southgate Retail Centre a weighted average lease expiry of 9.57 years (by floor area) and 8.45 years (by income)

- Significant land holding of 4.5 Hectares on a high profile corner position in the growth Auckland location of Takanini

- Exposure to retail sector. Includes national brands Briscoes, Repco, Mad Butcher, Subway, ANZ & Carl's Jr^

To register your interest and request further information please visit the website or contact the selling agents.

*The risks associated with investment in the scheme are set out in the original Investment Statement prepared as at 6 March 2015. Prospective purchasers are advised to read the Investment Statement carefully. Prospective purchasers should also seek professional advice from an Authorised Financial Adviser which takes into account their personal circumstances before making an investment decision. It is the responsibility of purchasers to carry out their own investigations on this investment opportunity. The selling agents are not providing personalised advice. All prospective purchasers will be provided with a copy of the original Investment Statement and Abbreviated Valuation Report. None of Bayleys or Augusta Capital Limited have any information in relation to the scheme, the property or otherwise that is not publicly available and that would, or would be likely to, affect materially the price of the interests in the scheme if that information were disclosed.

^ The relevant tenants may be subsidiaries or franchisees of the main operating or parent company in New Zealand. Other than Mitre 10 and Briscoes, the obligations of the tenants are not guaranteed by the parent company/franchisor or any other person.