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Curries Road Limited Partnership

Property Commercial property situated at Curries Road, Hillsborough and directly adjacent to the Desi Place property comprising a warehouse and large sealed area
Tenant Leading South Island transport and distribution business Hilton Haulage
Purchase The property was purchased in November 2018 for $7.6m with an additional property at 350 Port Hills Road, Christchurch purchased for $1.6m in March 2020
Structure Limited Partnership comprising of 206 partnership interest shares of $25,000 each
Returns Pre-tax cash distributions of 8.0% p.a. paid monthly
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