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

·      $50,000 minimum investment for wholesale/eligible investors only


The property was settled on 16 November 2021. The syndication has been delivering the 6.25% to it's investors since December 2021 and there are still limited Units available to purchase.



Manager:
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:Open Fund

Min Investment Units/Shares:50000

Min Investment Value:NZD 50,000.00

Par Value:NZD 1.00


Establishment Date: 15 November 2021

Financial Year End: 31 March 2025

Market Snapshot

Last Traded Value:NZD 500,000.00

Last Traded Price:NZD 1.00

Last Traded Quantity:500000

Last Traded Date: 15 November 2023

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
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/

Email: [email protected]

Phone:+64 9 377 6463

Document Name Description Date Uploaded
Zoom: 10

Erskine and Owen Limited

 
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You have no issues to report on under this issuer.
 
You have no issues to report on under this issuer.
Traded Date Traded Quantity Traded Unit Price Traded Value Par Value Trade Event
15 November 2023 500,000  Units NZD 1.00 NZD 500,000 NZD 500,000 Off Market Transfer
21 August 2023 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
19 November 2022 100,000  Units NZD 1.00 NZD 100,000 NZD 100,000 Off Market Transfer
15 November 2022 200,000  Units NZD 1.00 NZD 200,000 NZD 200,000 Off Market Transfer
7 November 2022 100,000  Units NZD 1.00 NZD 100,000 NZD 100,000 Off Market Transfer
29 September 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
1 September 2022 100,000  Units NZD 1.00 NZD 100,000 NZD 100,000 Off Market Transfer
29 June 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
29 June 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
23 June 2022 100,000  Units NZD 1.00 NZD 100,000 NZD 100,000 Off Market Transfer
23 June 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
15 June 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
15 June 2022 100,000  Units NZD 1.00 NZD 100,000 NZD 100,000 Off Market Transfer
25 May 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
25 May 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
9 May 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
9 May 2022 100,000  Units NZD 1.00 NZD 100,000 NZD 100,000 Off Market Transfer
16 April 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
16 April 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
6 April 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
5 April 2022 300,000  Units NZD 1.00 NZD 300,000 NZD 300,000 Off Market Transfer
5 April 2022 300,000  Units NZD 1.00 NZD 300,000 NZD 300,000 Off Market Transfer
31 March 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
21 March 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
21 March 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
21 March 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
15 March 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
4 March 2022 100,000  Units NZD 1.00 NZD 100,000 NZD 100,000 Off Market Transfer
4 March 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
4 March 2022 100,000  Units NZD 1.00 NZD 100,000 NZD 100,000 Off Market Transfer
24 February 2022 100,000  Units NZD 1.00 NZD 100,000 NZD 100,000 Off Market Transfer
21 February 2022 100,000  Units NZD 1.00 NZD 100,000 NZD 100,000 Off Market Transfer
14 February 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
8 February 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
19 January 2022 100,000  Units NZD 1.00 NZD 100,000 NZD 100,000 Off Market Transfer
19 January 2022 100,000  Units NZD 1.00 NZD 100,000 NZD 100,000 Off Market Transfer
14 January 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
14 January 2022 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
10 December 2021 100,000  Units NZD 1.00 NZD 100,000 NZD 100,000 Off Market Transfer
10 December 2021 100,000  Units NZD 1.00 NZD 100,000 NZD 100,000 Off Market Transfer
3 December 2021 150,000  Units NZD 1.00 NZD 150,000 NZD 150,000 Off Market Transfer
3 December 2021 100,000  Units NZD 1.00 NZD 100,000 NZD 100,000 Off Market Transfer
3 December 2021 100,000  Units NZD 1.00 NZD 100,000 NZD 100,000 Off Market Transfer
30 November 2021 150,000  Units NZD 1.00 NZD 150,000 NZD 150,000 Off Market Transfer
30 November 2021 100,000  Units NZD 1.00 NZD 100,000 NZD 100,000 Off Market Transfer
16 November 2021 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
16 November 2021 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer
16 November 2021 50,000  Units NZD 1.00 NZD 50,000 NZD 50,000 Off Market Transfer

Secondary Market - Westland Property Syndicate LP Wholesale

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