Duncannon Horticulture Extension 2025
Commercial Property
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) before lodging an application. In the event that there are any material changes to the Information memorandum communications will be added to the attachments for review.
Following a 20% value uplift, Duncannon Horticulture Limited Partnership is seeking new wholesale investment to expand its property portfolio via a strategic acquisition designed to deliver forecast monthly distributions of 7.5% per annum and support long-term value for investors.
Building on the success of its existing Marlborough-based RSE accommodation facility, the Partnership is welcoming new capital to acquire Putauaki Village—a modern, 96-bed Recognised Seasonal Employer (RSE) accommodation property located in the Bay of Plenty. This extension strengthens Duncannon's position in the horticulture sector by introducing geographic diversity and further solidifying partnerships with industry leaders.
The new property is a sale-and-leaseback arrangement with Southern Cross Horticulture, a family-owned kiwifruit orchard developer and operator, under a long-term net lease.
New investors to the Partnership will become joint owners of both properties and can expect forecasted monthly distributions of 7.5% p.a., backed by favourable lease arrangements, with a 10.4-year WALT and a proven business model that supports New Zealand’s vital and growing horticultural workforce.
