Wholesale
Silverfin Capital
22 Saleyards Road

22 Saleyards Road Scheme

Commercial Property

Bid

Warning

The offer set out here is not a regulated offer for the purposes of the FMCA. This offer is only available to those who meet the criteria as an "eligible" investor under the FMCA and provide appropriate certificates to that effect or are otherwise exempt from the disclosure requirements under one of the exclusions in Schedule 1 of the FMCA.

Because this is not a regulated issue and the issue is not a registered retail managed investment scheme, investors will have fewer legal protections for this investment. Investors should make sure they understand the consequences, ask questions, read the document carefully and seek independent financial and legal advice before making the commitment to invest.

*All information contained in the Scheme Information section is as at the Information Memorandum date.

** Quarterly Reports (which provide investors with updates on the Scheme) are available from Silverfin Capital upon request. Please email yulena@silverfin.nz.

Total Share/Units
184 Units
Min Investment
1 Unit
Min Investment Value
NZD 50,000.00
Par Value
NZD 50,000.00
Quantity on Offer
1 Unit
Offer Price
NZD 55,000.00
Highest Bid
Active Bidders
Last Traded Price
$50,000.00
Last Traded Quantity
1 Unit
Last Traded Date
November 30, 2020

*All information contained in the Scheme Information section is as at the Information Memorandum date.

** Quarterly Reports (which provide investors with updates on the Scheme) are available from Silverfin Capital upon request. Please email yulena@silverfin.nz.

The 22 Saleyards Road Scheme encompasses a single-story industrial building of medium stud height with associated office and retail showroom totalling 6,860sqm of lettable area. The Property is a substantial site of 19,437sqm and is fully leased to Surplus Brokers Limited (‘Surplus Brokers’) on a new 12-year lease which is to commence upon settlement of the acquisition of the Property, which occured on 5 August 2019.

Investors are currently receiving distributions of 8.00% per annum. The net asset value per unit as at 30 June 2022 is $51,506.

The Property is located in the sought after and tightly held industrial precinct of Otahuhu with close proximity to Princes Street and Great South Road, and excellent access to main arterial routes of the Southern Motorway (SH1) and Southwestern Motorway (SH20). The Otahuhu commercial centre is located only a short distance to the east, offering typical strip retailing and amenity. The Otahuhu train station is located 600m south of the property, which provides public transport options. The site is relatively level in contour across the majority of the land, with an upwards gradient from Saleyards Road providing for a slightly elevated position. Main access to the site is provided by Saleyards Road, with

further access to the rear of the site available from Huia Road. The Property has a substantial concrete sealed yard space, allowing for carparking, vehicle manoeuvrability and yard storage.

A feature of the Property is the low site coverage of 35% providing for significant future development and value add opportunities (subject to all necessary consents and approvals being obtained)

Property Name Location Address
22 Saleyards Road Otahuhu 22 Saleyards Road, Otahuhu, Auckland, 1062

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QR1 FY23 22SYR FINAL
QR1 FY23 22SYR FINAL
19/9/2022
FY22 QR4 22SYR
FY22 QR4 22SYR
19/9/2022
FY22 Q3 22SYR
FY22 Q3 22SYR
19/9/2022
22 Saleyards Road Scheme Update 20200528
22 Saleyards Road Scheme Update 20200528
29/5/2022
Deed of Participation - 22 Saleyards Road Scheme Aug 2019
Deed of Participation - 22 Saleyards Road Scheme Aug 2019
29/5/2022
22 Saleyards Road Scheme Information Memorandum 2 August 2019
22 Saleyards Road Scheme Information Memorandum 2 August 2019
29/5/2022