The property comprises a premium-grade six-level commercial building with over 11,000 sqm of office accommodation. The building was completed in 2015 and developed to achieve a 5-star rating under the Green Star Design and As Built guidelines. A large central atrium provides natural light to the office levels and cascading air bridges between levels that connect to the neighbouring building, “Building B”, also managed by Centuria. The property has 113 carparks over two basement levels and is the head office of NZME.
Major Tenants:
NZME, Pernod Ricard Winemakers and BDO.
| Type | Office |
|---|---|
| Original price | $50,000.00 per unit |
| Current distribution* |
2.75% p.a. on the original unit value of $50,000 ($1,375 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 |
$44,412 per unit as at 31 Mar 2025. Note: This does not include the cost of selling the property and winding up the investment, which is usually between 3-5% of net assets. It is also subject to the accounting policies, judgement and estimation disclosed within the financial statements. |
| Minimum holding | 1 unit |
| Important documents | |
| Quantity | Buy now price (total) | Buy now price (per unit) | Closing date | |
|---|---|---|---|---|
| 4 units | $116,000.00 | $29,000.00 | Fri 26 Jun 2026 | |
| 1 unit | $35,000.00 | $35,000.00 | Wed 17 Jun 2026 | |
| 4 units | $160,000.00 | $40,000.00 | Tue 23 Jun 2026 | |
| 5 units | $200,000.00 | $40,000.00 | Wed 17 Jun 2026 | |
| 2 units | $91,000.00 | $45,500.00 | Thu 25 Jun 2026 | |
| 6 units | $240,000.00 | $40,000.00 | Fri 26 Jun 2026 | |
| 60 units | $2,520,000.00 | $42,000.00 | Fri 19 Jun 2026 | |
| 4 units | $180,000.00 | $45,000.00 | Mon 29 Jun 2026 | |
| 3 units | $164,400.00 | $54,800.00 | Fri 26 Jun 2026 |
| Date transacted | Quantity transacted | Price (per unit) |
|---|---|---|
| 01/05/2026 | 4 | $18,000.00 |
| 01/02/2026 | 1 | $18,000.00 |
| 01/11/2025 | 1 | $23,000.00 |
| 01/07/2025 | 1 | $23,000.00 |
| 01/03/2025 | 1 | $40,000.00 |
| 01/12/2024 | 1 | $38,000.00 |
| 01/07/2024 | 1 | $41,000.00 |
| 01/02/2024 | 1 | $46,600.00 |
| 01/02/2024 | 1 | $42,300.00 |
| 01/12/2023 | 1 | $48,500.00 |
| 01/02/2023 | 1 | $56,000.00 |
| 01/02/2023 | 1 | $56,000.00 |
| 01/02/2023 | 1 | $57,000.00 |
| 01/12/2022 | 1 | $60,200.00 |
| 01/12/2022 | 1 | $58,005.00 |
| 01/11/2022 | 1 | $60,120.00 |
| 01/08/2022 | 2 | $55,100.00 |
| 01/08/2022 | 1 | $59,000.00 |
| 01/08/2022 | 3 | $58,000.00 |
| 01/08/2022 | 1 | $55,000.00 |
| 01/07/2022 | 1 | $58,200.00 |
| 01/06/2022 | 1 | $60,000.00 |