P.A. forecast pre-tax cash distribution, payable monthly1.
Equating to 5.10% on the minimum investment of $51,5002.
Register interest
Investment Highlights
12 Harbour Ridge Drive
Quality Tenants
The tenants include Downer New Zealand Ltd (ultimately owned by Downer Group Finance PTY Ltd, a subsidiary of the NZX and ASX listed entity Downer EDI Ltd), Plumbing World Ltd (guaranteed by NZPM Group Ltd) and Alto Packaging Ltd (guaranteed by ASX listed entity Pact Group Holdings Ltd).4
Long-Term Rental Growth
All leases provide fixed rental increases ranging from 1.4% to 3.0% per annum.
101 Mclaughlins Road
Multi-asset Portfolio
The combined five properties are leased to five tenants and provide a diversified income stream and a combined weighted average lease term of 9.8 years as at 31 March 2021.4
Sector Performance
The industrial property sector has been the strongest performing asset class within the wider New Zealand property market in recent years. This market has experienced rental growth, record-low vacancies, and a limited supply of new buildings.
Pie Structure
Potential for tax advantages due to the highest prescribed investor rate of 28%.
About Oyster
Oyster is a leading New Zealand commercial real estate property and fund manager. The company has expertise in property fund structuring and equity raising, and currently manages over 20 property funds structured for retail and wholesale investors including the diversified Oyster Direct Property Fund.
Oyster manages a range of retail, office and industrial assets throughout New Zealand, with a combined value in excess of $1.9 billion.
A premium investment opportunity
Register your interest, or contact Oyster, for additional information and for a copy of the Product Disclosure Statement.
