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Hamilton Central

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2,075sqm Floor area

9% Cash Return p.a* Plus Annual Growth


- Two well known household name tenants on long term leases\n- JB Hi-Fi (guaranteed by the ASX listed parent, JB Hi-Fi Limited - Market Cap of AUD$1 Billion Dollars)\n-12 + 5 + 5 year lease from 5 March 2008 with 5% p.a. fixed annual rent reviews during the initial term \n- Wilson Parking - 5 + 5 Year Lease from 1 May 2010 with two yearly CPI rent reviews\n- Well located retail and car parking property in central Hamilton\n- Concrete construction with car parking areas recently resurfaced\n- Assured annual growth through fixed rent reviews during the initial term of the JB Hi-Fi lease\n- Cash return paid monthly\n- Limited availability - Only 68 Units at $50,000 each\n- Professionally managed by Augusta Funds Management \n\n*Projected pre-tax return for full one year period. The Offeror's Statement contains details of how the return for the investment will be calculated and the risks associated with this investment and return. The projected return is based on the principal assumptions and method of calculation described in the Offeror's Statement. 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 Offeror's Statement and valuation report and/or factual information about the property. This brochure is issued for the purpose of obtaining interest from potential investors only. No money should be sent other than accompanying an application form as set out in the Offeror's Statement.

Asking Price
Mike Houlker

Mike Houlker


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
David Gubb

David Gubb


Queenstown and Southern NZ Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Description


9% Cash Return p.a* Plus Annual Growth

Description


$50,000 Minimum Investment for your Share of the Title

Description


Two well known household name tenants on long term leases