The law normally requires people who offer financial products to give information to investors before they invest. This information is designed to help investors make an informed decision.
If you are a wholesale investor under the definition of that term in clause 3 of Part 1 Schedule 1 of the Financial Markets Conduct Act 2013, the usual rules do not apply to offers of financial products made to you. As a result, you may not receive a complete and balanced set of information.
You will also have fewer other legal protections for these investments. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself.
We are proud to present the opportunity to invest in the Space NZ LP No.1 Limited Partnership fund, which stands out in today’s market as a debt-free entity with a robust portfolio anchored by a long-term tenant lease.
One of the key highlights of the Space NZ LP No.1 Limited Partnership is their partnership with Te Tāpui Atawhai Auckland City Mission, a renowned charity trust dedicated to supporting vulnerable communities in the region. By leasing properties to such an impactful organisation, Space NZ are not only providing them with a stable environment to operate from but also contributing to the vital social services they offer. This partnership underscores their commitment to corporate social responsibility, enriching our investment strategy by aligning with tenants that foster positive social change.
Investing in the fund means aligning with a management philosophy that prioritises financial stability and resilience. A debt-free structure enables the manager to make prudent decisions without the pressure of fluctuating interest rates or debt covenants - giving the flexibility to invest in property enhancements, drive tenant satisfaction and respond effectively to market opportunities.
Space NZ are committed to transparency, accountability, and consistent communication with their investors. Their goal is to generate attractive returns over the long term and you are invited to join them on this journey, where together, you can help create enduring value in a secure investment.
The Property:
- 2 Day Street Auckland CBD
- 315 sqm freehold land
- Constructed in 2017 with 63 units
- A single building, 11 stories
- Lease Term until 2040 to Auckland City Mission
- Projected 5-Year Average 5.54% Annual Return (Pre-tax)
For more information, please register your interest below.
