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High profile site of 2.57 hectares in a growth location
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Annual growth through fixed annual 3% rent reviews for first 12 year term of lease
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Single asset, single tenant investment
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Gearing at 45.4% on establishment based on purchase price and 42.4% based on valuation
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Extendable loan facility with an initial term of 36 months, but available for up to 5 years (Subject to review before extension)
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Limited availability - 254 units at $50,000 each
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Professionally managed by Augusta Funds Management
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Scheme overseen by Covenant Trustee Company Limited as supervisor
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Offer fully underwritten by Augusta Capital Limited |
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*Projected pre-tax return for full one year period. The Prospectus contains details of 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. The selling agents are not providing personalised advice, but will provide all prospective investors with a copy of the Investment Statement and valuation report. Disclosure Statements for the selling agents are available on request and free of charge. No money should be sent other than accompanying an application form as set out in the Investment Statement. Neither Wesfarmers Limited (Bunnings’ ultimate parent company) nor any other person guarantees the Tenant’s obligations under the Lease. None of the Augusta Funds Management, Augusta Capital, the Supervisor or any other person guarantees or promises the projected cash returns to Subscribers or any payment of returns by the Scheme. The actual returns paid could differ from the projected returns. This email may not be forwarded to any other person (or otherwise reproduced in any manner) in any jurisdiction in which it would be unlawful to do so. Any forwarding or other distribution of this email in whole or in part may result in a violation of relevant securities laws. Nothing in this email constitutes an invitation to subscribe for, or offer of shares, securities or financial products to any person, whether in New Zealand or in any other country. |
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