• $111.835 Million Independently Valued Property Fund with Fixed Five Year Term
  • Target internal rate of return of 11%-14% pa (after all fees and expenses, but before investor tax)
  • Minimum Investment $200,000, available to wholesale investors only
  • Three commercial and two industrial properties in prime Auckland locations , all with significant add value opportunities
  • Improvement opportunities will be completed as appropriate and then the improved properties sold within a five year period
  • Investors will receive a quarterly distribution funded from the rental income (projected pre-tax cash yield of 6% for the first full financial year) and five lump sum repayments of capital and any profits as each of the five properties are improved and sold – Yield with Upside (depending on profits (if any) on sale of properties)
  • Managed by Augusta Funds Management a wholly owned subsidiary of Augusta Capital, a listed company with over $1.4 billion of property assets under management who will retain a 10% holding in the Fund
  • Offer fully underwritten