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Bayleys Syndication and Investment Products - Previous Offers

Countdown Supermarket, 160 Peachgrove Road, Hamilton

Offer Open date: 30 November 2015

Manager: Centuria NZ (formerly known as Augusta Funds Management Limited)

160 Peachgrove Road, Hamilton is situated on a main arterial road and is only a short distance from Hamilton’s CBD. The property boasts a new Countdown Supermarket, which began trading just before settlement. The supermarket has a 15 year lease from the settlement date (22 December 2015) with a potential total lease term of 45 years (6 rights of renewal of 5 years each).

The offer had 220 units of $50,000 each and a projected cash return of 7.5% per annum for the first full year ending 31 March 2017. The Peachgrove opportunity closed significantly oversubscribed.

Details of how the return is calculated and the risks associated with the investment are set out in the original Investment Statement.
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