Mercury's New Headquarters
33, Broadway, Newmarket, Auckland City
Price On Application
- Proposed Usage
- Floor Area
- 13103.00 m²
- Property ID
- Augusta's Investment Opportunity
- 7%pa current pre-tax return* paid monthly
- $50,000 Minimum Investment
Invest in the development of a brand new premium grade, 5 green star Auckland office complex.
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.
For more information including the original video, please contact the selling agents or visit www.33broadway.co.nz
*Details on how the pre-tax return is calculated and the risks associated with this investment can be found in the original Product Disclosure Statement prepared as at 12 April 2017. Bayleys Real Estate Limited has been engaged to sell units on behalf of Augusta Capital Limited. 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 original Product Disclosure Statement. None of Augusta Capital, Augusta Funds Management, Bayleys or any other person guarantees the return to investors nor has any information in relation to the scheme, the property or otherwise that is not publicly available and that would, or would be likely to, affect materially the price of the interests in the scheme if that information were disclosed. **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..