Brackenfields Property Syndicate LP
Commercial Property
Register InterestNew Zealand law normally requires people who offer financial products to give information to investors before they invest. This requires those offering financial products to have disclosed information that is important for investors to make an informed decision.
The usual rules do not apply to this offer because there is an exclusion for offers to wholesale investors (this includes offers where the amount invested upfront by the investor, plus any other investments the investor has already made in the financial products, is $750,000 or more). As a result of this exclusion, you may not receive a complete and balanced set of information. You will also have fewer other legal protections for this investment.
Investments of this kind are not suitable for retail investors. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself.
Key Highlights of This Offer:
+ Countdown anchor tenant, final expiry of lease 2049
+ 8% pa projected cash return paid monthly
+ Amberley, Canterbury (45 minutes from Christchurch)
+ Approximately $1,377,311 net income per annum across 16 tenancies
+ 100% NBS constructed circa 2014
+ $100,000 minimum investment available to wholesale investors only
+ Offer is now open for subscription
The Brackenfields Shopping Centre occupies approximately 2.7Ha of freehold land and is located in the centre of Amberley, Canterbury (45 minutes from Christchurch) at 121 Carters Road. The property houses supermarket giant, Countdown, the only supermarket in Amberley. It is accompanied by 15 specialty and essential service tenancies. Underpinned by a strong agricultural local economy, the property is serviced well by the established Amberley town and also the wider district. The property comprises three buildings constructed in 2014 – the supermarket, and two adjacent buildings either side, comprising 14 of the specialty tenancies between them. The structure of the buildings are reinforced concrete slab and steel beam, along with an exterior cladding of precast concrete panels and aluminium sheeting. The roofings are long-run metal.
Anchor Tenant – Countdown supermarket
Amberley Countdown Supermarket occupies 3,542sqm of floor area, with 5.5 years remaining on the current lease term and a final lease expiry in 2049. Being the only supermarket in Amberley, Countdown dominates the market share for grocery supplies. The nearest competing supermarkets are in Kaikoura, 135km to the north and Woodend, 25km to the south. Amberley Countdown serves a wide catchment area. Countdown’s annual turnover has continued to grow year on year since 2017.
