APN NEWS & MEDIA BUILDING, 587 GREAT SOUTH RD, MANUKAU CITY
Established in November 2008 to own the land and buildings at 587 Great South Road, Manukau City. This property houses printing facilities for global media conglomerate APN News & Media, whose subsidiary APN Print NZ Limited has a 12 year lease over the entire premises from May 2006. It is a large scale site covering 3.46 hectares of land and 13,312 square metres of lettable area. Great South Road is a major arterial route extending from Pukekohe in the South to Newmarket in the North. The location provides the tenant with exceptional access to the motorway network and AucklandInternational Airport. Investors acquired 169 individual interests in this proportionate ownership scheme at $50,000 each.