The property is situated to the north of Hastings and is a large 7.1 hectare industrial site that is leased to Cedenco Foods as an apple processing plant.
The improvements include cool/cold store facilities, canopies, offices and a substantial yard used for bin storage.
| Type | Industrial |
|---|---|
| Original price | $50,000.00 per unit |
| Current distribution* |
12.00% p.a. on the original unit value of $50,000 ($6,000 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 |
$85,606 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 | |
| Quantity | Buy now price (total) | Buy now price (per unit) | Closing date | |
|---|---|---|---|---|
| 1 unit | N/A | N/A | Tue 21 Jul 2026 |
| Date transacted | Quantity transacted | Price (per unit) |
|---|---|---|
| 01/04/2026 | 1 | $70,000.00 |
| 01/09/2025 | 2 | $70,000.00 |
| 01/12/2024 | 1 | $90,000.00 |
| 01/12/2024 | 1 | $60,000.00 |
| 24/07/2023 | 1 | $67,500.00 |