Share Available in Higgins Syndication – 7%* Forecast Return
In October 2018, Erskine + Owen went unconditional on a storage complex in the rapidly growing area of Frankton in Hamilton.
The storage complex is a Freehold corner site on 1528 m2 currently leased to six separate tenants on mixed lease terms with a forecast return of 7%* P.A. Paid Quarterly. The site is positioned close to State Highways 1 and 23 making it the perfect location for mobile tradespeople to centralise their stores.
The units provide for potential rental growth and are always in demand.
We currently have an investor who wishes to sell their share. If you would like more information about the financial performance of this syndicate please email Alan at email@example.com.
Hamilton as a city is experiencing significant growth, in part due to overflow from Auckland. As Auckland becomes more unaffordable for first home buyers it makes locations like Hamilton more appealing with its reasonable commute time and more affordable housing. The city also continues to expand through its long relationship with the agricultural, education and construction sectors.
All of these factors make this a strong investment in a rapidly growing area.
This offer is restricted to “Wholesale Investors” under clauses 3(2) and 3(3)(a) of schedule 1 to the Financial Markets Conduct Act 2013.
*Projected pre-tax return for full one-year period. Details on how the return will be calculated and the risk associated with the investment and return are set out in the Information Memorandum.