Kahui Holdings Limited Partnership 

  Commercial Property  

 Kahui Holdings LP 

  MyFarm Investments  

WARNING: The law normally requires people who offer financial products to give information to investors before they invest. This requires those offering financial products to have disclosed information that is important for investors to make an informed decision. The usual rules do not apply to this offer if you are a person who comes within Schedule1, clause 3(2)(a)-(c) or 3(3)(a)-(b)(ii) (inclusive) of the Financial Markets Conduct Act 2013. This includes where the amount invested upfront by the investor (plus any other investments the Investor has already made in the financial products) is $750,000 or more.

 

If you fall within Schedule 1, clause 3 of the FMCA as a result of this exclusion, you may not receive a complete and balanced set of information. You will also have fewer other legal protections for this investment. Investments of this kind are not suitable for retail investors. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself.

 

Note: We urge you to carefully review the Information Memorandum and additional attachments (if applicable) before lodging an application. In the event that there are any material changes to the Information memorandum communications will be added to the attachments for review.

Overview

A modern 1.08 ha freehold Hamilton property based on a sale and lease-back model.

The attraction of a sale and lease-back model is that it provides syndicate investors with regular monthly distributions based on the rent the syndicate receives from the lessee, and capital gain if the property increases in value. Other advantages of this approach are that it makes the investment more passive and management fees are lower. 

 

The syndicates owns one older building of 2,090 m2 and another 1,536 m2 built in 2015.

 

The Property is located at the southern most end of the Riverlea Industrial Area in the South East of Hamilton and is under a long term lease to Livestock Improvement Corporation Limited (LIC). 

 

LIC has been established since 1909 and is a high quality lessee counterparty. It has assets of over $320 million, annual turnover of approximately $200 million, and is one of the oldest farming co-operatives in New Zealand.

 

The Property is key to LIC’s core dairy herd improvement and diagnostic businesses and comprises both laboratory and office spaces. The laboratory spaces include a diagnostic facility in the older building and a new herd testing facility in the newer building.


Manager:
MyFarm Investments
Issue Name:
Kahui Holdings LP
Market:
Commercial Property
Market Type:
Commercial Property

isEOI: false

Financials

Investment Type:Wholesale

Wholesale Investment Type: NZ Wholesale MIS

Total Units/Shares:450

Min Investment Units/Shares:5

Min Investment Value:NZD 50,000.00

Par Value:NZD 10,000.00


Establishment Date: 2 October 2017

Financial Year End: 31 March 2025

Market Snapshot

Last Traded Value:NZD 110,000.00

Last Traded Price:NZD 11,000.00

Last Traded Quantity:10

Last Traded Date: 13 November 2021

Property Details

The Property consists of two single level buildings one a herd testing laboratory and a diagnostic laboratory. The Herd Testing building is 1,531 m2 in size and was completed in 2015. It contains reception, office and laboratory areas, breakout rooms, a workshop area for receipt of product, an emergency wash-down area and staff amenities comprising staff and lunch rooms, and toilet and shower facilities. Features of the herd testing building include, security controlled access, air conditioning, acoustic panelling to office areas, recessed fluorescent lighting and ventilation, wash-down areas with in-ground drainage, full kitchen facilities, automatic opening doors, and chiller units. The older diagnostic building adjoins the herd testing building and is 2,090 M2 in size. It contains a lobby and reception area, office and laboratory areas, breakout and meeting rooms, store rooms, large server rooms, and staff amenities comprising a lunchroom, locker room, toilets, shower and sick bay.


Property Name:
140 Riverlea Road
Location:
Hamilton
Address:
140 Riverlea Rd, Riverlea, Hamilton 3216
Net Lettable Area:
3872 m2
Land Area:
1.079 Ha
Proportion Occupied:
100.00
Occupant Commencement Term
LIC Agritechnology Company Limited 25/08/2017 10
Livestock Improvement Corporation Limited 25/08/2017 10

Contact

Website: http://www.myfarm.co.nz/kahui

Email: [email protected]

Phone:+64 (0)6 323 2954

Document Name Description Date Uploaded
Zoom: 10

MyFarm Investments

 
Issue Production Revenue Farm Working Expenses EBITDA Interest Enterprise Value NTA Equity Asset Ratio ROE
Aupouri Avocados Loan Notes                  
Aupōuri Avocados LP                  
Awakeri Orchard LP                  
Awatere Valley LP                  
Bartletts Creek Vineyard LP                  
Bay Kiwifruit Orchards LP 63,514.00 NZD 201,821.89 NZD 107,160.03 NZD 94,661.86 NZD 215.00 NZD 2,199,868.56 NZD 2,042,400.01 109.00% 9.88%
Birch Hill Capital Raise March 2022                  
Birch Hill LP                  
Central Cherry Orchard LP                  
Colebrook Kiwifruit Orchard LP                  
CQuest Expansion 3.0                  
CQuest LP                  
Eastern Orchards LP                  
El Dorado Orchard LP                  
Esk Valley Orchard LP                  
Fareham Lane Vineyard LP                  
GCF Investments 260,000.00 NZD 109,325.42 NZD 228,144.99 NZD -118,819.57   NZD 7,640,615.60 NZD 7,822,610.60 80.00% 0.01%
Gold Income LP                  
Gold Income LP - Maraenui                  
Gold Income LP - Rangitaiki                  
Heretaunga Orchards LP                  
HLP Investments LP                  
Karaka Orchard Class B Units Partly Paid                  
Karaka Orchards LP 270,600.00 NZD 11,068.00 NZD 12,177.00 NZD -1,109.00 NZD 12,251.00 NZD 9,986,046.83 NZD 4,981,444.00 98.00% 0.22%
Karaka Orchards LP Raise 2019                  
Kintyre Vineyard LP                  
Kintyre Vineyard LP - Arck Extension                  
KLP Investments LP                  
Korokipo Apple LP                  
LLP Investments LP                  
Mainland Carbon LP                  
Napoli Orchard LP                  
Otamarakau Kiwifruit LP                  
Patriarch Vineyard LP                  
Pongakawa Kiwifruit LP                  
PRD Investments                  
Puketapu Vineyards LP                  
Quarry Kiwifruit Loan Notes                  
Quarry Kiwifruit LP                  
Quarry Kiwifruit LP - Ohaeawai Extension                  
Rakete Orchards Loan Notes                  
Rimu Dairies LP                  
Riverview Kiwifruit LP                  
Rākete Capital Raise Crown 26 Nov 2020                  
Rākete Equity Raise - 31 Aug 2022                  
Rākete Orchards Bonus Units 29 Oct 2020                  
Rākete Orchards LP                  
Tapawera Hop Garden LP                  
Tapawera Rights Issue                  
Te Arai Gold LP                  
Te Arai Orchard LP                  
Terra Verde Investments                  
Terra Verde Investments LP                  
TPLP Investments Limited                  
Waikerikeri Irrigation LP (Withdrawn)                  
Waimarie Manuka LP                  
Wairau Valley Vineyards LP                  
Wairua Hop Garden Loan Notes                  
Wairua Hop Garden LP                  
Wairua Hop Garden LP - Equity Raise                  
Willowbank Apples LP                  
Ᾱporo Iti Orchard LP                  
 
Issue Production Revenue Farm Working Expenses EBITDA Interest Enterprise Value
Aupouri Avocados Loan Notes            
Aupōuri Avocados LP            
Awakeri Orchard LP            
Awatere Valley LP            
Bartletts Creek Vineyard LP            
Bay Kiwifruit Orchards LP 1.49 NZD 4.73 NZD 2.51 NZD 2.22 NZD 0.01 NZD 51.51
Birch Hill Capital Raise March 2022            
Birch Hill LP            
Central Cherry Orchard LP            
Colebrook Kiwifruit Orchard LP            
CQuest Expansion 3.0            
CQuest LP            
Eastern Orchards LP            
El Dorado Orchard LP            
Esk Valley Orchard LP            
Fareham Lane Vineyard LP            
GCF Investments 1,140.35 NZD 479.50 NZD 1,000.64 NZD -521.14 NZD 136.50 NZD 33,511.47
Gold Income LP            
Gold Income LP - Maraenui            
Gold Income LP - Rangitaiki            
Heretaunga Orchards LP            
HLP Investments LP            
Karaka Orchard Class B Units Partly Paid            
Karaka Orchards LP 11,000.00 NZD 449.92 NZD 495.00 NZD -45.08 NZD 498.01 NZD 405,936.86
Karaka Orchards LP Raise 2019            
Kintyre Vineyard LP            
Kintyre Vineyard LP - Arck Extension            
KLP Investments LP            
Korokipo Apple LP            
LLP Investments LP            
Mainland Carbon LP            
Napoli Orchard LP            
Otamarakau Kiwifruit LP            
Patriarch Vineyard LP            
Pongakawa Kiwifruit LP            
PRD Investments            
Puketapu Vineyards LP            
Quarry Kiwifruit Loan Notes            
Quarry Kiwifruit LP            
Quarry Kiwifruit LP - Ohaeawai Extension            
Rakete Orchards Loan Notes            
Rimu Dairies LP            
Riverview Kiwifruit LP            
Rākete Capital Raise Crown 26 Nov 2020            
Rākete Equity Raise - 31 Aug 2022            
Rākete Orchards Bonus Units 29 Oct 2020            
Rākete Orchards LP            
Tapawera Hop Garden LP            
Tapawera Rights Issue            
Te Arai Gold LP            
Te Arai Orchard LP            
Terra Verde Investments            
Terra Verde Investments LP            
TPLP Investments Limited            
Waikerikeri Irrigation LP (Withdrawn)            
Waimarie Manuka LP            
Wairau Valley Vineyards LP            
Wairua Hop Garden Loan Notes            
Wairua Hop Garden LP            
Wairua Hop Garden LP - Equity Raise            
Willowbank Apples LP            
Ᾱporo Iti Orchard LP            
 
Issue Revenue Farm Working Expenses EBITDA Interest Enterprise Value
Aupouri Avocados Loan Notes          
Aupōuri Avocados LP          
Awakeri Orchard LP          
Awatere Valley LP          
Bartletts Creek Vineyard LP          
Bay Kiwifruit Orchards LP NZD 3.18 NZD 1.69 NZD 1.49 NZD 0.00 NZD 34.64
Birch Hill Capital Raise March 2022          
Birch Hill LP          
Central Cherry Orchard LP          
Colebrook Kiwifruit Orchard LP          
CQuest Expansion 3.0          
CQuest LP          
Eastern Orchards LP          
El Dorado Orchard LP          
Esk Valley Orchard LP          
Fareham Lane Vineyard LP          
GCF Investments NZD 0.42 NZD 0.88 NZD -0.46 NZD 0.12 NZD 29.39
Gold Income LP          
Gold Income LP - Maraenui          
Gold Income LP - Rangitaiki          
Heretaunga Orchards LP          
HLP Investments LP          
Karaka Orchard Class B Units Partly Paid          
Karaka Orchards LP NZD 0.04 NZD 0.05 NZD 0.00 NZD 0.05 NZD 36.90
Karaka Orchards LP Raise 2019          
Kintyre Vineyard LP          
Kintyre Vineyard LP - Arck Extension          
KLP Investments LP          
Korokipo Apple LP          
LLP Investments LP          
Mainland Carbon LP          
Napoli Orchard LP          
Otamarakau Kiwifruit LP          
Patriarch Vineyard LP          
Pongakawa Kiwifruit LP          
PRD Investments          
Puketapu Vineyards LP          
Quarry Kiwifruit Loan Notes          
Quarry Kiwifruit LP          
Quarry Kiwifruit LP - Ohaeawai Extension          
Rakete Orchards Loan Notes          
Rimu Dairies LP          
Riverview Kiwifruit LP          
Rākete Capital Raise Crown 26 Nov 2020          
Rākete Equity Raise - 31 Aug 2022          
Rākete Orchards Bonus Units 29 Oct 2020          
Rākete Orchards LP          
Tapawera Hop Garden LP          
Tapawera Rights Issue          
Te Arai Gold LP          
Te Arai Orchard LP          
Terra Verde Investments          
Terra Verde Investments LP          
TPLP Investments Limited          
Waikerikeri Irrigation LP (Withdrawn)          
Waimarie Manuka LP          
Wairau Valley Vineyards LP          
Wairua Hop Garden Loan Notes          
Wairua Hop Garden LP          
Wairua Hop Garden LP - Equity Raise          
Willowbank Apples LP          
Ᾱporo Iti Orchard LP          
Traded Date Traded Quantity Traded Unit Price Traded Value Par Value Trade Event
13 November 2021 10  Units NZD 11,000.00 NZD 110,000 NZD 100,000 On Market Trade
10 December 2019 9  Units NZD 10,050.00 NZD 90,450 NZD 90,000 Off Market Transfer
10 December 2019 1  Units NZD 10,050.00 NZD 10,050 NZD 10,000 Off Market Transfer
27 November 2019 2  Units NZD 10,050.00 NZD 20,100 NZD 20,000 Off Market Transfer
27 November 2019 5  Units NZD 10,050.00 NZD 50,250 NZD 50,000 Off Market Transfer
27 November 2019 2  Units NZD 10,050.00 NZD 20,100 NZD 20,000 Off Market Transfer
27 November 2019 5  Units NZD 10,050.00 NZD 50,250 NZD 50,000 Off Market Transfer
27 November 2019 5  Units NZD 10,050.00 NZD 50,250 NZD 50,000 Off Market Transfer
27 November 2019 5  Units NZD 10,050.00 NZD 50,250 NZD 50,000 Off Market Transfer
27 November 2019 26  Units NZD 10,050.00 NZD 261,300 NZD 260,000 Off Market Transfer
30 August 2018 10  Units NZD 10,000.00 NZD 100,000 NZD 100,000 Off Market Transfer
1 March 2018 22  Units NZD 10,000.00 NZD 220,000 NZD 220,000 Off Market Transfer
20 February 2018 20  Units NZD 10,000.00 NZD 200,000 NZD 200,000 Off Market Transfer
12 February 2018 2  Units NZD 10,000.00 NZD 20,000 NZD 20,000 Off Market Transfer
12 February 2018 8  Units NZD 10,000.00 NZD 80,000 NZD 80,000 Off Market Transfer
7 February 2018 10  Units NZD 10,000.00 NZD 100,000 NZD 100,000 Off Market Transfer
5 February 2018 10  Units NZD 10,000.00 NZD 100,000 NZD 100,000 Off Market Transfer
25 January 2018 7  Units NZD 10,000.00 NZD 70,000 NZD 70,000 Off Market Transfer
25 January 2018 3  Units NZD 10,000.00 NZD 30,000 NZD 30,000 Off Market Transfer
6 December 2017 10  Units NZD 10,000.00 NZD 100,000 NZD 100,000 Off Market Transfer
4 December 2017 15  Units NZD 10,000.00 NZD 150,000 NZD 150,000 Off Market Transfer
24 November 2017 3  Units NZD 10,000.00 NZD 30,000 NZD 30,000 Off Market Transfer
16 November 2017 10  Units NZD 10,000.00 NZD 100,000 NZD 100,000 Off Market Transfer

Secondary Market - Kahui Holdings LP Wholesale

Quantity on Offer Offer Price   Offer End Date Highest Bid Active Bidders Action
20 Units NZD 200,000.00 24/04/2024 NZD .00 0