Fund Snapshot
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6% p.a. Forecast Pre-Tax Cash Return*

Paid Monthly

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$10,000

Minimum Investment

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OFFER NOW CLOSED

Overview

Investment in the Augusta Property Fund will offer a forecast pre-tax cash return of 6.0%* per annum paid to investors monthly. Importantly, as part of the government’s recently announced stimulus package, tax claims for depreciation of commercial and industrial buildings have been reinstated, a major benefit for investors. Details of the post-tax cash returns are included in the Product Disclosure Statement.

The Initial Asset – Anglesea Medical Centre

The property is located in a prime corner position within Hamilton’s CBD and is in Augusta’s opinion one of New Zealand’s largest private health care centres. The property is home to many of the Waikato’s leading private medical and healthcare tenants including Pathlab, with their facility one of the most advanced laboratories in the southern hemisphere. With 28 tenants, the property offers income diversification with a key feature being the tenants’ commitment to the site with the nine largest having been on site for between 14 and 28 years. The 2.4 hectare site contains three main buildings, benefits from three road frontages and with relatively low site cover along with flexible zoning, provides potential refurbishment and reconfiguration opportunities.

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Anglesea Medical Centre,
Hamilton.

Bayleys Research considers that prospects for the New Zealand medical and healthcare property sector remain attractive. Given New Zealand’s core demographic trends, including population growth, increasing life expectancies and an ageing population, demand for health related services is expected to continue to grow. Healthcare property performance benefits from these long-term demographic drivers, and the fact that health expenditure is often mandatory.

The New Zealand government’s overall health budget has reached a record $20.104 billion, including the largest ever increase in funding to District Health Boards, a $3.92 billion injection to be apportioned over four years. The economy itself is not the key demand driver for the healthcare sector, therefore healthcare property presents desirable non-cyclical and defensive characteristics. By reason of these particular characteristics the sector is considered well placed to outperform other sub-sectors within the property market.

The Fund’s Strategy

Augusta Property Fund’s intention is to grow over time. Through this strategy the fund aims to diversify its portfolio by acquiring additional properties, therefore further mitigating the risks to both capital and cashflow that can be associated with property ownership, an even more important consideration in the current economic environment. Importantly, all future investments by the Augusta Property Fund, whether directly owned assets or other property investment entities will be strategically selected for their ability to contribute to the diversification, yield, capital growth and liquidity.

For a copy of the Product Disclosure Statement or to RSVP to a presentation please visit the website or call the below selling agents.

Mike Houlker
021 945 927
mike.houlker@bayleys.co.nz

BAYLEYS REAL ESTATE LTD,
LICENSED UNDER THE REA ACT 2008
 

Samara Phillips
021 027 61373
samara.phillips@bayleys.co.nz

BAYLEYS REAL ESTATE LTD,
LICENSED UNDER THE REA ACT 2008
     

Sarah Prebble
027 635 3521
sarah.prebble@bayleys.co.nz

BAYLEYS REAL ESTATE LTD,
LICENSED UNDER THE REA ACT 2008
 

Shirley Leung
021 145 6314
shirley.leung@bayleys.co.nz

BAYLEYS REAL ESTATE LTD,
LICENSED UNDER THE REA ACT 2008
Online Application Form

Online application form submissions now closed.

*The forecast returns are based on $1 unit price. Details of how the returns are calculated and the risks associated with this investment can be found in the Product Disclosure Statement. Post-tax returns depend on the timing of income recognition and tax deductions. This can change due to the nature of capital works, the type of lease incentives provided, and when expenditure is incurred including repairs and maintenance, capital expenditure and leasing fees. Accordingly, variances are more likely to occur between actual results and forecasts for after-tax returns than pre-tax returns. These returns are not guaranteed. The actual returns may vary.

Augusta Funds Management Limited is the issuer of the Units. The offer of  Units is made on the terms outlined in the Product Disclosure Statement dated 14 July 2020 for Augusta Property Fund. Prospective investors are recommended to seek professional advice from an Authorised Financial Adviser, which takes into account their personal circumstances before making an investment decision. The selling agents are not providing personalised advice. Neither Augusta Funds Management Limited nor any other person guarantees the Units being offered, nor warrants or guarantees the future performance of the Trust, the Units or any return on the investment. This website is only targeted at New Zealand resident investors and does not constitute an invitation to subscribe for, or offer of units, securities or financial products to any person in any country in which it would be unlawful to do so. No person may offer, invite, sell or deliver any units in the Trust or distribute any documents (including the Product Disclosure Statement) to any person outside New Zealand without the approval of the Manager. The Product Disclosure Statement may not be sent into or distributed in the United States.