Te Mata Coolstore Limited Partnership 

  Commercial Property  

 Te Mata Coolstore LP 

  MyFarm Investments  

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 Schedule 1, 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

Te Mata Coolstore is well located close to major transportation routes in the heart land of New Zealand’s apple capital – Hawkes Bay.

The facility is leased by Freshmax – global processor and exporter of fresh produce, and a management partner in several MyFarm investment syndicates. Freshmax has plans to double its apple production during the next 5-10 years.

 

More broadly the region continues to see growth in bareland development of apple orchards and other food & beverage products that require chilling facilities. In the apple orchard space higher density plantings, improved/new husbandry practices and bareland development is likely to see volumes grow by 6-7% per annum alone.

 

The current site is 3.62 hectares in size and contains 12 coolstores with a total footprint of 7,000 square metres. Of this, 8 coolstores are considered ‘modern’ with a total footprint of 4,900 square metres and flexible format. The remaining coolstore area is of a more traditional style and there are some other sundry storage and office buildings.



Manager:
MyFarm Investments
Issue Name:
Te Mata Coolstore LP
Market:
Commercial Property
Market Type:
Commercial Property

isEOI: false

Financials

Investment Type:Wholesale

Wholesale Investment Type: NZ Wholesale MIS

Total Units/Shares:660

Min Investment Units/Shares:10

Min Investment Value:NZD 100,000.00

Par Value:NZD 10,000.00


Establishment Date: 28 June 2019

Financial Year End: 31 March 2025

Market Snapshot

Last Traded Value: 

Last Traded Price:NZD .00

Last Traded Quantity:

Last Traded Date:

Property Details

The coolstore is located at the junction of Napier Road and Thompson Road approximately 2 kilometres north of the Havelock North commercial centre, 9 kilometres east of the Hastings CBD and approximately 20 kilometres south of the Napier CBD. Surrounding properties include orchard, horticulture, viticulture and lifestyle blocks. The current site is 3.62 hectares in size and contains 12 coolstoreswith a total footprint of 7,000 square metres. Of this, 8 coolstoresare considered ‘modern’ with a total footprint of 4,900 square metres and flexible format. The remaining coolstore area is of a more traditional style and there are some other sundry storage and office buildings.


Property Name:
Te Mata Coolstore
Location:
13 Thompson Road, Havelock North
Address:
13 Thompson Road, Havelock North
Net Lettable Area:
9375
Land Area:
3.6150ha
Proportion Occupied:
100.00
Occupant Commencement Term
CrasbornFresh Harvest Ltd, a subsidiary of Freshmax 9/05/2019 5

Contact

Document Name Description Date Uploaded
Zoom: 12

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          

No trade history available for this issue.

Secondary Market - Te Mata Coolstore LP Wholesale

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