BENDON HQ, 8 AIRPARK DRIVE, AIRPORT OAKS, MANUKAU CITY
Established in February 2009 to own the property at 8 Airpark Drive, Airport Oaks, Manukau City, this property is exceptionally located in close proximity to Auckland International Airport, Manukau City and the motorway system. The premises are utilized as the Head Office and central distribution warehouse for Bendon Limited, which has an 11 year lease from 2007. Bendon is a leading intimate apparel company whose history dates back 60 years and now has annual turnover in excess of NZD$150m. The property encompasses 2,587 square metres of office space and 9,118 square metres of warehousing, plus 162 onsite carparks. The buildings were completed to an exceptionally high standard in 2005. Investors acquired 202 individual interests in this proportionate ownership scheme at $50,000 each.