Our Places
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 |
Imagery |
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