The law normally requires people who offer financial products to give information to investors before they invest. This information is designed to help investors make an informed decision.
If you are a wholesale investor under the definition of that term in clause 3 of Part 1 Schedule 1 of the Financial Markets Conduct Act 2013, the usual rules do not apply to offers of financial products made to you. As a result, you may not receive a complete and balanced set of information.
You will also have fewer other legal protections for these investments. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself.
The opportunity exists for wholesale investors to express interest in purchasing units in the DABS 78 Apollo Drive Limited Partnership.
The site is located in the popular Interplex Business Park in Rosedale on Auckland's North Shore. The buildings occupy a site of 8,690 sqm on the west side of Apollo Drive, close to its junction with Orbit Drive and just south of its junction with Rosedale Road. The surrounding area is predominantly low-rise office and warehouse buildings.
There are 3 separate buildings on the site. Two modern office buildings and a childcare centre at the front of the site, licensed for 80 children. In total, the buildings provide approx. 3,954 sqm of net lettable area together with 194 car parks.
DABS Consulting Limited is offering 150,000 units for sale to replace existing investor capital. This represents 1.36% of the equity invested in the Limited Partnership. The parcel is offered for $160,000.
This opportunity provides an income return equating to 6% per annum pre-tax ($10,500 per annum paid monthly).
78 Apollo Drive, Rosedale, Auckland
Under the Unitary Plan the property forms part of the General Business Zone. The General Business Zone provides for business activities from light industrial to limited office, large format retail and trade suppliers.
For further information please see the investor's information pack and updated tenancy information in the documents tab, or click the "Register Interest" button to be put in contact with the Manager.
Financial accounts and reports are available upon request.
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