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Bayleys Funds and Investment Products - Previous Offers

Carters, 14 Birch Avenue, Tauranga

Offer Open date: 24 February 2012

Manager: Centuria NZ (formerly known as Augusta Funds Management Limited)

A well located industrial property, leased to iconic NZ “household name” Carter Holt Harvey Limited. At the time of the offer the property was subject to a 13 + 6 + 6 year lease from April 2008 with fixed annual rent increases of 3% for the years 2012 to 2016 and a mixture of fixed and market reviews beyond that. A total of 87 units were offered at $50,000 each.

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