MyFarm Limited

Bristol Properties Limited Partnership

Commercial Property

Register Interest

WARNING: The 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 if you are a person who comes within Schedule1, clause 3(2)(a)-(c) or 3(3)(a)-(b)(ii) (inclusive) of the Financial Markets Conduct Act 2013. This includes 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.


If you fall within Schedule 1, clause 3 of the FMCA 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.


Note: We urge you to carefully review the Information Memorandum and additional attachments (if applicable)

Transaction Size
NZD 16,700,000.00
Share Price
NZD 1.00
Minimum Investment
NZD 50,000.00
Issue Type
Commercial Property

An income earning, inflation fighting investment from MyFarm.

Bristol Properties LP will purchase a modern poultry production facility leased and operated by Tegel Foods – a kiwi household name since 1961.

The property is located in Inglewood, Taranaki, roughly 20 km south of New Plymouth and the Tegel offices. Taranaki is one of four significant regions for poultry production in New Zealand and has a well developed supply chain to ensure business continuity.

This passive investment is forecast to provide initial monthly distributions of 7.20% p.a. and has built-in rental growth through annual CPI adjustments up to 5%.

Highlights of this offer:

  • 12 purpose-designed chicken sheds, various outbuildings, and two modern residential houses.
  • Current lease to Tegel Foods has 14 years to run, with three rights of renewal until 2051.
  • Initial forecast lease rental cash returns of 7.2% p.a. – paid monthly, starting September.
  • CPI adjusted annual rent increases, capped at 5%, to offset rising inflation and interest rates.
  • Tax efficient - due to depreciation deductions, initial estimates project that the 7.2% p.a return would be the equivalent of 8.21% pre-tax return of other financial products for investors on a 33% tax rate.

We’re anticipating strong interest in this one from investors seeking regular, reliable returns, and an effective hedge against rising inflation.

Bristol Properties LP Information Memorandum 22 June 2022
June 23, 2022

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