124 Tauroa Street Limited
The site houses a purpose-built large format home improvement centre leased by Bunnings which was originally constructed in 2007 with extensive refurbishments and upgrades completed in 2018. The improvements comprise a high-stud, open plan warehouse/showroom which includes mezzanine offices, a café, garden centre, together with associated canopies and outdoor storage yards. The site was further improved with the construction of the KFC purpose-built building and car parks on what was previously surplus land at the front of the site completed in 2021.
Key information
| Type | Retail |
|---|---|
| Original price | $50,000.00 per unit |
| Current distribution* |
13.50% p.a. on the original unit value of $50,000 ($6,750 per unit p.a.)
Pre-Tax Gross distribution*The distribution rate disclosed above is the current distribution rate for the Scheme. There is no guarantee that the distribution rate will stay the same. Cash distributions are not guaranteed. |
| Net asset value |
$139,499 per unit as at 31 Mar 2026 Note: This does not consider costs to realise the investment if we were to sell the property, for example agents' commissions and liquidation expenses which usually work out to be between 3-5% of the net assets per unit. It is also subject to the accounting policies, judgement and estimation as disclosed within these. |
| Minimum holding | 1 unit |
| Important documents | |
Current opportunities
| Quantity | Buy now price (total) | Buy now price (per unit) | Closing date | |
|---|---|---|---|---|
| 1 unit | $135,000.00 | $135,000.00 | Wed 15 Jul 2026 |
| Date transacted | Quantity transacted | Price (per unit) |
|---|---|---|
| 01/12/2022 | 1 | $145,000.00 |
