Prime Industrial Building • Rolleston – One of NZ's Fastest Growing Areas
Key highlights of this offer:
+ Prime industrial building servicing construction & infrastructure sectors
+ Purpose built high-quality industrial building with a long-established tenant
+ Located in the Izone Business Hub in Rolleston, one of the fastest growing areas in Canterbury - 20km from Christchurch CBD
+ Minimum investment from $50,000. Offer closes upon full subscription
*Projected pre-tax return for full one-year period. The return is only an indicative forecast pre-tax cash return and is for the financial period ending 31 March 2024. Details on how the return will be calculated, and the risk associated with the investment and return, will be set out in the relevant Information Memorandum.
Offers will be restricted to “Wholesale Investors” under clauses 3(2) and 3(3) of Schedule 1 to the Financial Markets Conduct Act 2013 (or to any other person to whom an exclusion applies under Schedule 1 of that Act). Preliminary indications of interest are being sought at this stage and no indication of interest will involve an obligation or a commitment to participate in the Offer.
Investment Summary Video
For more information on the property, location, tenant and financials of the investment opportunity, watch the video below.
Listen to what our tenant, Pegasus Engineering has to say about the purpose built building and the Izone Southern Business Hub location.
20 Westland Place, Izone, Rolleston
Property Type: Industrial manufacturing and storage warehouse
Land Area: 12,669 sqm
Floor Area: 9,809 sqm
Purchase Price: $11,500,000
Market Valuation: $12,300,000
Annual Rent: $633,816
Lease Term: Fifteen (15) Years Lease Term from 10 December 2012. Next Expiry 9 December 2027. Two (2) Rights of Renewals of Six (6) Years each
Tenant: Pegasus Engineering Limited