173 Captain Springs Road Scheme 

  Commercial Property  

  

  Silverfin Capital  

Please note any investor wishing to invest in this scheme must meets both the eligibility criteria of the investment as set by Silverfin and all regulatory obligations in respect of New Zealand's AML/CFT Act 2009. Silverfin may require further information from the bidder before the trade can proceed and in the event the proposed buyer does not meet the regulatory requirements the bid or trade may be rejected.

This offer by Silverfin Capital Limited is limited to persons who are wholesale investors for the purposes of the offer in terms of clause 3(2) or 3(3)(a) of Schedule 1 of the Financial Markets Conduct Act 2013. No product disclosure statement for the purposes of that Act has been prepared and none is required for the wholesale offer. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself. This Information Memorandum has been prepared for general information purposes only and investors should carry out their own independent review, investigations, analysis and assessment of the information in this document and of subsequent documents that are available upon request.


*All information contained in the Scheme Information section is as at the Information Memorandum date.

** Quarterly Reports (which provide investors with updates on the Scheme) are available from Silverfin Capital upon request. Please email [email protected].

Overview

*All information contained in the Scheme Information section is as at the Information Memorandum date.

** Quarterly Reports (which provide investors with updates on the Scheme) are available from Silverfin Capital upon request. Please email [email protected].


Silverfin Capital Limited (Silverfin) offers investors an opportunity, through a proportionate ownership scheme, to acquire a proportionate share of a beneficial interest in the land and buildings at 173 and 164 Captain Springs Road and 62 Grotto Street, Onehunga Auckland (the Property).


Investors are currently receiving distributions of 8.00% per annum. The net asset value per unit as at 30 September 2022 is $285,183.


The Property comprises of 3 sites totalling 6,594m2 of land primarily in the Onehunga Mixed Use Zoning area. On the main site of 5,081m2 is located a 3 storey reinforced concrete office building. Including the two smaller sites, 166 carparks accompany the building. The building occupies a high profile position on Captain Springs Road – located between Church Street and Mount Smart Road in Onehunga. The Te Papapa train station sits immediately adjacent to the property providing tenants’ staff with ease of access to public transport.


34 investment parcels of $250,000 each are being offered in the Scheme. Each party that applies for an interest (Interest), and has its application accepted, will become an investor in the Scheme (Investor). Subscribers may apply for one or more Interests.


This offer by Silverfin Capital Limited is limited to persons who are wholesale investors for the purposes of the offer in terms of clause 3(2) or 3(3)(a) of Schedule 1 of the Financial Markets Conduct Act 2013. No product disclosure statement for the purposes of that Act has been prepared and none is required for the wholesale offer. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself. This Information Memorandum has been prepared for general information purposes only and investors should carry out their own independent review, investigations, analysis and assessment of the information in this document and of subsequent documents that are available upon request.


Manager:
Silverfin Capital
Issue Name:
173 Captain Springs Road Scheme
Market:
Commercial Property
Market Type:
Commercial Property

isEOI: false

Financials

Investment Type:Wholesale

Wholesale Investment Type: NZ Wholesale MIS

Total Units/Shares:34

Min Investment Units/Shares:1

Min Investment Value:NZD 250,000.00

Par Value:NZD 250,000.00


Establishment Date: 6 September 2017

Financial Year End: 31 March 2025

Market Snapshot

Last Traded Value:NZD 250,000.00

Last Traded Price:NZD 250,000.00

Last Traded Quantity:1

Last Traded Date: 14 June 2018

Property Details

Property Name Location Address
62 Grotto Street, Onehunga Auckland 62 Grotto Street, Onehunga, Auckland, 1061
173 Captain Springs Road Auckland 173 Captain Springs Road,Onehunga, Auckland 1061
164 Captain Springs Road Auckland 164 Captain Springs Road, Onehunga, Auckland, 1061

Contact

Website: www.silverfin.nz

Email: [email protected]

Phone:09 216 8626

Document Name Description Date Uploaded
Zoom: 10

Silverfin Capital

 
Issue Production Revenue Farm Working Expenses EBITDA Interest Enterprise Value NTA Equity Asset Ratio ROE
Gowan Lea Carbon Forest Scheme                  
 
Issue Production Revenue Farm Working Expenses EBITDA Interest Enterprise Value
Gowan Lea Carbon Forest Scheme            
 
Issue Revenue Farm Working Expenses EBITDA Interest Enterprise Value
Gowan Lea Carbon Forest Scheme          
Traded Date Traded Quantity Traded Unit Price Traded Value Par Value Trade Event
31 March 2019 1  Units NZD 250,000.00 NZD 250,000 NZD 250,000 Off Market Transfer
27 June 2018 1  Units NZD 250,000.00 NZD 250,000 NZD 250,000 Off Market Transfer
19 June 2018 1  Units NZD 250,000.00 NZD 250,000 NZD 250,000 Off Market Transfer
14 June 2018 1  Units NZD 250,000.00 NZD 250,000 NZD 250,000 Off Market Transfer
12 June 2018 1  Units NZD 250,000.00 NZD 250,000 NZD 250,000 Off Market Transfer
8 May 2018 2  Units NZD 250,000.00 NZD 500,000 NZD 500,000 Off Market Transfer
13 April 2018 1  Units NZD 250,000.00 NZD 250,000 NZD 250,000 Off Market Transfer
11 April 2018 1  Units NZD 249,000.00 NZD 249,000 NZD 250,000 On Market Trade
26 February 2018 1  Units NZD 250,000.00 NZD 250,000 NZD 250,000 Off Market Transfer
5 February 2018 1  Units NZD 250,000.00 NZD 250,000 NZD 250,000 Off Market Transfer
25 January 2018 1  Units NZD 250,000.00 NZD 250,000 NZD 250,000 Off Market Transfer
24 January 2018 1  Units NZD 250,000.00 NZD 250,000 NZD 250,000 Off Market Transfer
23 December 2017 1  Units NZD 250,000.00 NZD 250,000 NZD 250,000 Off Market Transfer
23 December 2017 1  Units NZD 250,000.00 NZD 250,000 NZD 250,000 Off Market Transfer
21 December 2017 1  Units NZD 250,000.00 NZD 250,000 NZD 250,000 Off Market Transfer
20 December 2017 1  Units NZD 250,000.00 NZD 250,000 NZD 250,000 Off Market Transfer
18 December 2017 2  Units NZD 250,000.00 NZD 500,000 NZD 500,000 Off Market Transfer
29 November 2017 1  Units NZD 250,000.00 NZD 250,000 NZD 250,000 Off Market Transfer
25 November 2017 1  Units NZD 250,000.00 NZD 250,000 NZD 250,000 Off Market Transfer
13 November 2017 1  Units NZD 250,000.00 NZD 250,000 NZD 250,000 Off Market Transfer
31 October 2017 1  Units NZD 250,000.00 NZD 250,000 NZD 250,000 Off Market Transfer
5 October 2017 1  Units NZD 250,000.00 NZD 250,000 NZD 250,000 Off Market Transfer
6 September 2017 2  Units NZD 250,000.00 NZD 500,000 NZD 500,000 Off Market Transfer

Secondary Market - 173 Captain Springs Road Scheme Wholesale

No secondary market listings for this issue availble at this time. Check the Exchange for more listings.