Properties Limited was incorporated in 1999 and
has 380 Shareholders.† Superstore owns two
properties both with excellent locations,
quality buildings and strong tenancies. One
property has a nine year lease from 2014 to
Placemakers in Cranford Street, Christchurch.
The second property is leased to The Warehouse,
Tauranga which has a new 10 year lease in place
from October 2014.
Investment is through the purchase
of shares in the company. Dividends are
expected to be paid twice per year.
Warehouse, Tauranga is located on Cameron Road,
which is a main arterial route to the city and
in a strong growth area. The property has high
visibility and excellent access from three road
frontages to 250 carparks.
Christchurch is located enroute between the
city and northern Christchurch and services
significant residential, life-style and
horticultural areas. The location is ideal for
Fletcher Merchantís bulk retail outlet and they
have made this outlet their regional base.
here to access more detail on the
availability of parcels in Superstore