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Wairakei Road Property Syndicate

Property Commercial property situated at 540 Wairakei Road, Burnside, Christchurch
Tenant Prominent New Zealand electronics and communications company Tait Electronics
Purchase April 2018 for $4.321m; at 31 March 2019 the property was revalued by a registered valuer to $4.6m. Property sold March 2020.
Structure Proportionate Ownership Scheme comprised of 48 interests of $50,000 each
Returns Pre-tax cash distributions of 7.5% p.a. paid monthly
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