How will I generate enough income in my retirement?
It’s a question being asked by more and more Kiwis, especially with term deposit rates staying between 3% and 4%. Property investment has certainly been a popular income generating alternative.
Silverfin provide the opportunity for small investors to have direct access to the commercial property market in an arena that has often only been the domain of wealthy investors, institutions and fund managers.
They enable smaller investors to pool their funds to purchase, and then receive a passive income from, high-yielding commercial properties.
Silverfin acquire high quality investment properties and issue a Product Disclosure Statement on the proposed property investment enabling investors access to excellent tenant covenants and A grade buildings. They use their property management expertise to help ensure that the forecast return is achieved and the capital value of the property is grown and preserved.
Right now Silverfin are offering investors the opportunity to purchase interests in two A-grade commercial buildings strategically located within the Christchurch CBD.
The Oxford Victoria Scheme is offering a forecasted pre-tax cash return of 8% per annum paid monthly (forecasted to 31 March 2018).
One property, at 32 Oxford Terrace, is underpinned by a 15 year lease to the Canterbury District Health Board (CDHB) that commenced in November 2015 with the other, at 104 Victoria Street, anchored by Telogis Limited – a New Zealand subsidiary of a top Fortune 500 company. A key point of difference for these properties is that 80% of the total tenancies (by floor area) are to either government tenants or a subsidiaries of a Fortune 500 business
Both of these buildings have been extensively refurbished and have been seismically upgraded to more than 100% of the new building standard code (NBS). The properties’ solid tenant mix provides an appealing diversified income.
32 Oxford Terrace occupies a prime position in Christchurch’s CBD, fronting the Avon River within the city’s Health Precinct. 104 Victoria Street has an excellent location within one of the city’s popular office and hospitality precincts.
Proportionate ownership can be a great way for individual investors who might have previously only owned residential property investments to look at diversifying into commercial property and accessing the superior returns that are often available on commercial assets, without the hassle of day to day management.
To register your interest and download copy of the PDS and other important information visit the Oxford Victoria page on Silverfins website.