Prime Industrial Building • Rolleston – One of NZ's Fastest Growing Areas

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11.5 million purchase price
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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.

Pegasus Engineering

Listen to what our tenant, Pegasus Engineering has to say about the purpose built building and the Izone Southern Business Hub location.

Property Details

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 

drone_02_Outline
Front
Front
Exterior
Exterior
Warehouse
Warehouse
Office
Office

To download the Information Memorandum, please register your details.

1637114807 - Copy