Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and Editorial
Auctions

Middleton

30-32B Birmingham Drive, Middleton, Christchurch

Watchlist
Share
10,000sqm Land area SQM
8,876sqm Floor area

Christchurch Industrial Property Investment


- Augusta's latest syndication
- 9% pa projected cash return (from settlement and for the first full year ending March 2017*) paid monthly
- $50,000 minimum investment (no GST included)
- Only 120 proportionate shares offered
- Substantial industrial property with new 10 year lease to PMP (NZ) Limited from settlement, plus 2 rights of renewal of 5 years each. Lease guaranteed by PMP Limited (the tenant's ASX-listed Australian parent company).
- Total land holding of 1.8789 hectare situated in Birmingham Drive, Christchurch, an area that is a popular commercial and industrial location.
-Offer fully underwritten.

*Projected pre tax return for full one year period. The Prospectus contains details on 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 Prospectus. 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

Asking Price NZ$50,000 + GST (if any)
Samara Phillips

Samara Phillips


Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Mike Houlker

Mike Houlker


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

Features

Investment


$50,000 minimum investment

Land Holding


1.8789 hectares, in an area that is a popular commercial and industrial location

Offering


Substantial industrial property with 10 year lease.

Tenant


PMP (NZ) Limited