Current offers
Centuria NZ Tourism Property Fund
6.50% p.a. forecast pre-tax cash distribution from settlement of the initial assets (with anticipated future growth) paid monthly*
$10,000 minimum investment
Brand new Queenstown accommodation
We are pleased to announce that a new investment opportunity - Centuria NZ Tourism Property Fund (the Fund) - is coming soon. Register your interest now to receive more information once available.
This opportunity will be available to everyone in New Zealand.
The Fund’s initial assets: 32 brand new standalone freehold residential villas in Queenstown
- To be rented as short-stay visitor accommodation - Taking advantage of Queenstown’s year-round tourists, including both domestic travellers and the current record-breaking levels of international arrivals.
- 32 individual freehold titles, to be acquired by the Fund once the villas are complete - Providing long-term flexibility, expected to benefit from resource consent for 365-day short-stay accommodation.
- Sought-after Queenstown location - Located in the fast-growing suburb of Frankton, the villas are adjacent to the Five-Mile Shopping Centre (with over 60 commercial premises) and only minutes from the Queenstown International Airport.
- High-specification build and a premium feel - Featuring functional designs, private backyards and stunning views of The Remarkables.
- Queenstown-Lakes District residential property has historically outperformed the NZ property market as a whole - Provides strong potential for capital growth.**
- No bank debt will be used to acquire the assets - Investors have no exposure at settlement to the current high interest rate environment.
Features of this new tourism-specific property fund
- Provides exposure to the tourism sector, a key driver of NZ’s economy - International tourism is NZ’s second largest export earner, rebounding strongly post COVID.
- Growth over time - The intention of the Fund is to grow over time, providing diversification through exposure to other strategically selected tourism-related assets.
- Established and experienced manager - Centuria NZ manages approximately $2.5 billion of assets with a strong track record. It is a part of ASX listed Centuria Capital Group, which has over $20 billion of Trans-Tasman assets under management across Australia and New Zealand.***
Register your interest using the button below to be the first to receive updates on this investment opportunity, or if preferred contact the selling agents (scroll down for details) at any time.
Centuria Funds Management (NZ) Limited (the Manager) is considering establishing Centuria NZ Tourism Property Fund, which may make an offer of financial products in New Zealand. No money is currently being sought. No financial products can currently be applied for or acquired. If the offer is made, it will be made in accordance with the Financial Markets Conduct Act 2013. No indication of interest will involve an obligation or commitment to acquire a financial product. 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 at syndications.co.nz. This email is not a Product Disclosure Statement and does not constitute an offer of financial products. Due diligence is ongoing and the final details of any offer will be set out in a Product Disclosure Statement.
*Forecast pre-tax cash distribution for the 12 months from settlement of the initial assets. The forecast is based on the Manager’s occupancy and net rental assumptions for the initial assets, which are not expected to be subject to leases and are not currently subject to committed bookings. Cash distributions are not guaranteed. The actual distribution rate may vary. The forecast pre-tax cash distribution is presented on an after fees basis. Details on how the forecast cash distribution is calculated (including the key assumptions upon which it is based), and the risks associated with the investment will be set out in the Product Disclosure Statement, once available.
**Past performance is not indicative of future performance.
***Assets under management as at 31 December 2023. Includes assets contracted to be settled, cash and other assets.
Financial Advice Provider Group Limited (FSP773191) holds a licence issued by the Financial Markets Authority to provide financial advice. Bayleys Real Estate Limited (FSP773133) is authorised by that licence to provide financial advice.
The content of this website is general in nature – it is not intended to be financial advice and should not be relied on when making your investment decisions.
Before deciding whether to invest in any financial products available through Bayleys Real Estate Limited, you should obtain independent financial advice that takes account of your personal financial goals and circumstances.
Bayleys Real Estate Limited cannot provide you with any such independent financial advice. Important information about the financial advice service provided by Bayleys Real Estate Limited is available here. No person including Bayleys Real Estate, our Financial Advisers (selling agents), or the manager of the scheme, guarantees or promises any return to investors.
Should you wish to make a complaint, further information is available here.