COMMERCIAL & INDUSTRIAL PROPERTY:
AN INVESTMENT OPTION

The Property Managers Group is a boutique Tauranga based company specialising in the syndication and management of commercial and industrial property throughout New Zealand. They have been operating since 1992 and syndicated their first building (in Tauranga) in 1994. They are currently working on their twentieth syndication, a superb multi-talented office building in Manukau City, Auckland.

People often ask about investing in commercial property and Property Managers respond by saying that the proper way to consider it, is as a sound, long term storehouse for the wealthy.

When you look at the NBR rich list each year and realise that over 70% of those listed cite commercial property as a main source of income, you soon realise that they have well and truly understood the message. For most people the hard part is to break into this lucrative area of investing with not many having the funds necessary to buy their own building.

That is where their proportionate ownership schemes come in. For as little as $50,000 you can become an owner in a multi-million dollar commercial property and receive your own title to the property which is yours to do with as you please.

All of the benefits which would accrue if you owned the building yourself (capital gain, depreciation etc) apply to the schemes.

The proportionate title approach enables you to diversify across a number of properties in different geographical locations thereby giving a better spread of risk. For more information, go to their website:www.propertymgr.co.nz or contact them on 5783494.

As with any investment, such a proposal needs to be considered as part of your overall long term strategy for both income & wealth creation. We can assist with this through our strategic partner Professional Investment Services.

Give Lindsay a call if you require clarification on this.