Hornby
146-166 Shands Road, Hornby, Christchurch
+3
New Centuria Investment Opportunity $25k Minimum
A new investment opportunity from one of New Zealand's leading and largest property fund managers, Centuria, is now available.
Share in the ownership of Woolworths NZ's primary South Island distribution centre with a minimum investment of only $25,000. The investment offers a 7.35% p.a. forecast pre-tax cash distribution for the first three years from 1 April 2025, paid to investors monthly.* The PIE structure makes this a tax effective investment for many investors, who will be subject to a maximum tax rate of 28%.
The facility is tenanted by the supermarket trading entity for Woolworths in New Zealand and is a key piece of its infrastructure. With a new 15 year lease (commenced 30 August 2024) with rights of renewal until 2059, the property provides a long term income stream with built in rental growth.
For more information on this investment opportunity (including a copy of the Product Disclosure Statement), video, presentation and webinar details, visit www.centuria.co.nz/shands or contact the selling agents.
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*Cash distributions are not guaranteed. Actual distribution rates may vary. Details on how the forecast pre-tax cash distributions are calculated (including the key assumptions upon which they are based), and the risks associated with the investment are set out in the Product Disclosure Statement.
**As at 30 June 2024. Includes assets contracted to be settled, cash and other assets
Centuria Funds Management (NZ) Limited is the issuer of the units in Centuria Shands Road Property Trust. A Product Disclosure Statement for the offer of units is available, and can be obtained by contacting the Bayleys Real Estate agents listed in this advertisement. Nothing in this advertisement constitutes an invitation to subscribe for, or an offer of, units, shares, securities or other financial products to any person, in any country, in which it would be unlawful to do so. Terms used in this advertisement have the same meaning as defined in the Product Disclosure Statement, unless the context suggests otherwise.
Prospective investors are recommended to seek professional advice from a financial advice provider which takes into account their personal circumstances before making an investment decision. The selling agents are not providing personalised advice. Important information about the financial advice service provided by Bayleys Real Estate Limited is available www.bayleys.co.nz/funds
Mike Houlker
Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Samara Phillips
Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Sarah Prebble
Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Features
Available
Share in the ownership of Woolworths NZ’s primary South Island distribution centre
Opportunity
Brand new warehouse extension to be constructed to meet Woolworths NZ’s growing requirements.
Occupancy
Woolworths NZ. The tenant advises that it operates 188 Woolworths supermarkets in New Zealand and has revenue in excess of $7 billion and total assets in excess of $2 billion (as at 30 June 2024).
Location
Prime location on a prominent corner site in Christchurch’s pre-eminent industrial suburb, Hornby.
Lease
New 15 year lease (commenced 30 August 2024) with rights of renewal until 2059, providing a long term income stream with built in rental growth.
Manager
Centuria NZ (formerly Augusta), now part of ASX200 listed Centuria Capital, who look after over A$20 billion of assets for thousands of investors throughout New Zealand and Australia**
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