Bayleys Funds and Investment Products - Previous Offers
92 Kaimanawa Street, Palmerston North
Offer Open date: 4 March 2010
Manager: Centuria NZ (formerly known as Augusta Funds Management Limited)
An expansive 4,992 sqm distribution warehouse leased to Coca-Cola Amatil (N.Z.) Limited with 7.5 years remaining on the lease at the time of the offer. The property was located in the eastern industrial area of Palmerston North with ready access to all major arterial routes. Investor equity raised was $3.9 million comprised of 78 $50,000 investment units.
The property was purchased from a fund managed by Augusta Funds Management by Commercial Investment Properties Limited which was subsequently acquired by KCL Limited in 2012. KCL Limited was merged with Augusta Funds Management in 2014, which joined with Centuria in 2020, rebranding as Centuria NZ.
Financial Advice Provider Group Limited (FSP773191) holds a licence issued by the Financial Markets Authority to provide financial advice. Bayleys Real Estate Limited (FSP773133) is authorised by that licence to provide financial advice.
The content of this website is general in nature – it is not intended to be financial advice and should not be relied on when making your investment decisions.
Before deciding whether to invest in any financial products available through Bayleys Real Estate Limited, you should obtain independent financial advice that takes account of your personal financial goals and circumstances.
Bayleys Real Estate Limited cannot provide you with any such independent financial advice. Important information about the financial advice service provided by Bayleys Real Estate Limited is available here. No person including Bayleys Real Estate, our Financial Advisers (selling agents), or the manager of the scheme, guarantees or promises any return to investors.
Should you wish to make a complaint, further information is available here.