Property Fund NOW open for investment

6% p.a. projected return,
payable monthly

The First Light Property Fund now has two outstanding properties in the portfolio, providing diversification through five premium tenants on long term leases and regular rental increases.

open for investment - contact us now

Register your interest.

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FUND key features:
6% p.A. projected return, payable monthly

Inclusive of 2 properties

  • Diversified tenant income including Bayleys, Aon Insurance, NZI and WorkSafe NZ
  • Fund WALT of 5.3 years
  • Leases with rights of renewal and regular rental increases
  • Low to moderate risk profile
  • PIE structure provides beneficial tax rates
  • Tax deducted at source by the manager

For more information on the FLPFL structure please refer to the latest edition of the Investment Statement here:

First Light Property Fund Limited is an open-ended fund.

Our intention is to continue to add to our portfolio of properties, thereby diversifying investment risk across multiple properties, sectors and tenants. We believe that this is a conservative investment structure enabling us to better manage the requirements of our tenants and providing our shareholders with superior security.

Our strategy is to provide the closest alternative to direct property ownership as possible, targeting total shareholder returns through capital growth and regular distributions. Being a PIE fund, shareholders receive the same income, tax deductions and capital gains as if they owned the properties direct, including depreciation deductions which reduces their tax.

FLPFL intends to grow by acquiring further commercial and industrial properties. Existing shareholders will be offered the first opportunity to reinvest on a pari passu basis.

Contact us

underlying fund assets

Current Offer

testproperty3

Auckland
  • Premium location in Hamilton CBD
  • Anchored by large corporate and government tenants
  • 49 on site car parks
  • Long term leases with regular rental growth
  • Brand new air conditioning system throughout
  • Net income of $678,409 + GST and outgoing
  • “A” Grade seismic rating
  • 2152 sqm freehold site with 1721 sqm of net lettable area
  • Purchase price of $14,000,000
  • 1st December 2021 settlement date
  • Offer partially underwritten
  • Property under conditional contract
Contact Us
Current Offer

testproperty2

Christchurch
  • Premium location in Hamilton CBD
  • Anchored by large corporate and government tenants
  • 49 on site car parks
  • Long term leases with regular rental growth
  • Brand new air conditioning system throughout
  • Net income of $678,409 + GST and outgoing
  • “A” Grade seismic rating
  • Property under conditional contract
Contact Us
Current Offer

testproperty1

Auckland
  • Premium location in Hamilton CBD
  • Anchored by large corporate and government tenants
  • 49 on site car parks
  • Long term leases with regular rental growth
  • Brand new air conditioning system throughout
  • Net income of $678,409 + GST and outgoing
  • “A” Grade seismic rating
  • 2152 sqm freehold site with 1721 sqm of net lettable area
  • Purchase price of $14,000,000
  • 1st December 2021 settlement date
  • Offer partially underwritten
  • Property under conditional contract
Contact Us