20 Westland Place 

  Commercial Property  

 Westland Property Syndicate LP 

  Erskine and Owen Limited  

Offer restricted to “Wholesale Investors” under clauses 3(2) and 3(3) of Schedule 1 to the Financial Markets Conduct Act 2013 (or to any other person to whom an exclusion applies under Schedule 1 of that Act).

Overview

E+O Property Syndication Limited (E+O, General Partner or GP) is establishing a new Limited Partnership – the Westland Property Syndicate LP (Limited Partnership or LP) – to purchase a prime industrial building.


The objective of the Limited Partnership is to provide investors with a competitive return through

investment in a single, high-quality, commercial property.


The General Partner has the property management expertise and experience to work with the tenant of the building, ensure the property is well managed and well maintained, and have strategies in place to grow the value of the property over time.


Target Returns

The SIPO for the Limited Partnership will include a target distribution to investors of at least 6.25% per annum (Cash Net Pre-Tax Annual Yield on Equity).


Investment Highlights

·      6.25% projected cash return paid monthly

·      High quality industrial building in a growing area - Izone, Rolleston

·      Long established tenant servicing infrastructure and construction

·      $100,000 minimum investment for wholesale/eligible investors only

·      Offer closes 3 November 2021, or earlier if fully subscribed


Issuer:
Erskine and Owen Limited
Issue Name:
Westland Property Syndicate LP
Market:
Commercial Property
Market Type:
Commercial Property

isEOI: false

Financials

Investment Type:Wholesale

Wholesale Investment Type: NZ Wholesale MIS

Total Units/Shares:7700000

Min Investment Units/Shares:100000

Min Investment Value:NZD 100,000.00

Par Value:NZD 1.00


Establishment Date: 15 November 2021

Financial Year End: 31 March 2022

Market Snapshot

Last Traded Value:NZD 7,700,000.00

Last Traded Price:NZD .00

Last Traded Quantity:

Last Traded Date:

Property Details

The building, which totals approximately 5220sqm, is conventional and has been designed with functionality in mind. Featuring everything an occupier wants in a facility including high-stud warehousing with large power supply, well-appointed offices over two levels, multiple entrance points to the building, drive-around access and large sealed and concreted yard areas suitable for heavy equipment and storage.


Property Name:
20 Westland Place
Location:
Rolleston
Address:
20 Westland Place, Izone, Rolleston, 7614
Age of Property:
9
Land Area:
12,669
Proportion Occupied:
100.00
Occupant Commencement Term
Pegasus Engineering Limited 10/12/2012 15

Contact

Website: https://www.erskineowen.co.nz/westland/

Email: [email protected]

Phone:+64 9 377 6463

Document Name Description Date Uploaded
Westland Property Syndicate LP - Information Memorandum - Sept 2021 Westland Property Syndicate Limited Partnership Information Memorandum -Sept 2021 13 September 2021 Preview/Download
Westland Property Syndicate LP - Brochure Westland Property Syndicate LP Brochure Sept 2021 13 September 2021 Preview/Download
Zoom: 10

Erskine and Owen Limited

 
You have no issues to report on under this issuer.
 
You have no issues to report on under this issuer.
 
You have no issues to report on under this issuer.

No trade history available for this issue.

Secondary Market - Westland Property Syndicate LP Wholesale

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