Sir William Pickering Drive Limited Partnership
The property comprises of a substantial suburban office holding offering three separate buildings over two titles. The 1980’s Andy Herd Building (AHB) is located at the northern end of the site, while at the centre of the site is the Airways Development Centre (ADC) which was completed in the mid-2000’s. In the south western corner of the site is the newly constructed (2019) Air Traffic Control (ATC) building. This two-level building will accommodate the new air traffic control centre for the tenant – Airways Corporation of New Zealand Limited.
Key information
| Type | Office |
|---|---|
| Original price | $50,000.00 per unit |
| Current distribution* |
5.00% p.a. on the original unit value of $50,000 ($2,500 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 |
$46,194 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 | |
|---|---|---|---|---|
| 5 units | N/A | N/A | Tue 30 Jun 2026 | |
| 1 unit | N/A | N/A | Fri 19 Jun 2026 | |
| 4 units | N/A | N/A | Tue 30 Jun 2026 | |
| 3 units | N/A | N/A | Tue 30 Jun 2026 | |
| 2 units | N/A | N/A | Tue 30 Jun 2026 | |
| 3 units | $150,000.00 | $50,000.00 | Thu 18 Jun 2026 | |
| 3 units | $156,000.00 | $52,000.00 | Tue 23 Jun 2026 | |
| 3 units | $150,000.00 | $50,000.00 | Wed 17 Jun 2026 |
| Date transacted | Quantity transacted | Price (per unit) |
|---|---|---|
| 01/04/2026 | 2 | $35,000.00 |
| 01/10/2025 | 1 | $41,000.00 |
| 01/02/2024 | 3 | $45,000.00 |
| 01/02/2024 | 1 | $48,000.00 |
| 01/09/2022 | 1 | $67,000.00 |
| 01/06/2022 | 1 | $64,000.00 |
