Wholesale
Quarry Capital

Duke Street Limited Partnership

Commercial Property

Bid
Total Share/Units
404 Units
Min Investment
1 Unit
Min Investment Value
NZD $25,000.00
Par Value
NZD $25,000.00
Quantity on Offer
2 Units
Offer Price
NZD $50,500.00
Highest Bid
Active Bidders
Last Traded Price
NZD $50,000.00
Last Traded Quantity
2 Units
Last Traded Date
December 6, 2022

The Duke Street Limited Partnership (‘The LP’) owns the land and property situated at 17 Duke Street, Sawyers Bay, Dunedin comprising a 7,700sqm purpose-built warehouse and office.


The land was purchased in March 2021 for $4.0m and the buildings purchased for a fixed construction price of $12.725m, settling in June 2021.


The property is leased to leading South Island transport and distribution business Hilton Haulage on a 12 year lease. The most recent valuation (March 2022) has the property at $17.4m


Pre-tax cash distributions of 3.5% are paid monthly.

Annual Report - 2022
Annual Report - 2022
25/7/2022
Duke St 2022 - June Q
Duke St 2022 - June Q
28/11/2022
Duke St 2022 - March Q
Duke St 2022 - March Q
28/11/2022
Duke St 2022 - Sep Q
Duke St 2022 - Sep Q
28/11/2022
Information Memorandum
Information Memorandum
2/3/2022
Quarterly Report Dec 2021
Quarterly Report Dec 2021
30/3/2022
Quarterly Report Sep 2021
Quarterly Report Sep 2021
30/3/2022