Manadon Street Property Scheme
A modern standalone supermarket located on the main road heading south-west out of New Plymouth along State Highway 45. The property has a net lettable area of 3,873sqm and was built in 2011 and presents in excellent condition.
Key information
| Type | Retail |
|---|---|
| Original price | $50,000.00 per unit |
| Current distribution* |
6.00% p.a. on the original unit value of $50,000 ($3,000 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 |
$62,420 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 | |
Current opportunities
| Quantity | Buy now price (total) | Buy now price (per unit) | Closing date | |
|---|---|---|---|---|
| 1 unit | $50,000.00 | $50,000.00 | Mon 22 Jun 2026 | |
| 1 unit | $50,000.00 | $50,000.00 | Tue 23 Jun 2026 | |
| 2 units | $100,000.00 | $50,000.00 | Mon 22 Jun 2026 |
| Date transacted | Quantity transacted | Price (per unit) |
|---|---|---|
| 01/12/2024 | 1 | $55,000.00 |
| 01/09/2024 | 1 | $55,000.00 |
| 01/07/2024 | 2 | $55,000.00 |
| 01/02/2024 | 1 | $55,000.00 |
| 01/11/2022 | 5 | $62,150.00 |
| 01/09/2022 | 1 | $65,250.00 |
| 01/08/2022 | 1 | $72,500.00 |
