Mercury's New Headquarters
33, Broadway, Newmarket, Auckland City
Price On Application
- Proposed Usage
- Floor Area
- 13103.00 m²
- Property ID
- Augusta's Latest Investment Opportunity
- 7%pa forecast pre-tax return* paid monthly from settlement (scheduled for 30 June 2017)
- $50,000 Minimum Investment
Invest in the development of a brand new premium grade, 5 green star Auckland office complex.
Currently under construction on a prime corner site in the well regarded suburb of Newmarket, Auckland.
Anchor tenant Mercury NZ Limited on a new 12 year lease from completion of the development with two rights of renewal of six years each. The electricity retailer and generator is NZX and ASX listed and majority owned by the NZ govt.**
Tegel Foods Limited on a new 10 year lease from completion of the development with two rights of renewal of five years each.**
Leases provide for 3% annual growth.
Offer is fully underwritten.
For a copy of the Product Disclosure Statement or more information including a video please contact the selling agents or visit www.33broadway.co.nz
*Details on how the forecast pre-tax cash return is calculated and the risks associated with this investment can be found in the Product Disclosure Statement. Augusta Funds Management Limited is the issuer of the units in the Trust. 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 Product Disclosure Statement. None of Augusta Funds Management, Augusta Capital, the Supervisor or any other person guarantees or promises the forecast pre-tax cash return. The actual returns could differ from the forecast returns. **There are circumstances, as discussed in the Product Disclosure Statement in which tenants may cancel their leases if the development is not completed by a certain time. However, in this case, Mansons Broadway will underwrite that additional vacant space.