GrownUps accepts no responsibility for decisions made by Members or any other persons as a result of using or relying on any information on the GrownUps website. GrownUps does not give any financial advice or make any recommendation of any product or service.

Augusta’s latest investment opportunity

With a growing number of retirees looking for monthly cashflow from passive investments, one of New Zealand’s leading and largest property funds’ managers, Augusta Funds Management, continues to offer a steady stream of options for investors.

Augusta’s latest opportunity at 96 St Georges Bay Road offers investors a brand new, sustainably designed, premium grade Auckland commercial property with a minimum investment of $50,000 and a forecast  pre-tax return of 7% pa*.

The property is comprised of four levels of high quality office accommodation and three ground floor retail premises along with two levels of basement parking for 177 cars. It is well located in the sought after area of Parnell with long leases to well known tenants. These include ASX listed Xero Limited, the market leading cloud accounting software company on a new 12 year lease and the well regarded 130 year old Harrison Grierson engineering consultancy, on a new 10 year lease.

This type of property ownership is a relatively easy and straightforward way for investors to participate in the ownership of institutional grade properties at an entry level price.

Mark Francis, Augusta’s Managing Director, says “investors’ funds are pooled and they become passive investment partners in good buildings, with good tenants and long leases. The property is fully managed by Augusta on behalf of the investors with returns distributed monthly into the investor’s bank account.

One of the most frequently asked questions with these types of investments is regarding liquidity. Investors are able to sell units to a third party utilising the secondary market facility operated by Augusta. 80% of Augusta’s secondary sales settle within one month and the further 20% settle within 60 days. However any form of property investment should be considered as long term.” says Francis.

“Liquidity of syndicate units is very much correlated to the performance of the underlying asset. Across Augusta’s portfolio assets have performed well with capital growth and income combined producing a weighted average total return of 14% over the New Zealand portfolio this last financial year**” Augusta Funds Management is a wholly owned subsidiary of NZX listed Augusta Capital with value-adding and asset management expertise across New Zealand and Australia. Augusta owns and manages 99 properties across the office, retail and industrial sectors, with $1.85 billion of assets under management.

Augusta is to raise $68.5 million of investors’ equity to facilitate the acquisition, through the offering of 1,370 $50,000 units in the Augusta St Georges Bay Property Trust that will own the property. Mike Houlker, Samara Phillips and Sarah Prebble, of Bayleys Syndication and Investment Products division, are the sole selling agents for the offering.

For more information including a copy of the Product Disclosure Statement complete the form below and Bayleys will be in touch. Alternatively, visit the website or contact Bayleys directly (0800 BAYLEYS).



*Details on how the forecast pre-tax cash return is calculated and the risks associated with this investment can be found in the Product Disclosure Statement. The actual returns could differ from the forecast returns. **Past performance is not always indicative of future performance. Augusta Funds Management Limited is the issuer of the Units. The offer of Units is made on the terms outlined in the Product Disclosure Statement dated 10 July 2018. Prospective investors are recommended to seek professional advice from an Authorised Financial Adviser, which takes into account their personal circumstances before making an investment decision. The selling agents are not providing personalised advice. Neither Augusta Funds Management Limited nor any other person guarantees the Units being offered, nor warrants or guarantees the future performance of the Trust, the Units or any return on the investment.