31 El Prado Drive, Palmerston North

Drive,

2023 INFORMATION

31 El Prado

Palmerston North. June

MEMORANDUM

WE’RE INVESTED.

Established in Tauranga in 1992, PMG has been managing commercial properties and helping tenants to thrive in them, for over 30 years.

We now have over $850M* in commercial properties entrusted in our care. This includes large scale industrial parks to Green Star rated office buildings and smaller mixeduse office and retail properties, nationwide.

Our experienced asset and facilities managers have over 100 years of combined, specialist commercial property experience. We bring strong business acumen and a tenantorientated approach to property management.

With a focus on enhancing asset value, the secret to our success is building long-term, trusted relationships with our tenants. We work hard to understand your business(es) and what our tenants need from the physical spaces they operate in, both now and in the future. We have a strong passion, and track record, in delivering environmental sustainability solutions for our tenants.

It’s our primary aim to be your property partner of choice.

at 31 March 2023. 2

*The total market value of the investments managed by PMG on behalf of PMG’s investors as

CONTENTS 05 15 18 19 08 16 PROPERTY OVERVIEW LOCATION LEASING HIGHLIGHTS TESTIMONIALS & CONTACT PROPERTY HIGHLIGHTS MAP 3 Delivering better, together. CONTENTS

4 31 El Prado Drive Information Memorandum

Property overview

31 El Prado Drive is a premium industrial facility situated in the thriving Manawatu Industrial Park. The facility features a large, 23,495sqm open-plan warehouse to maximise productivity and streamline operations.

Palmerston North will be at the centre of the Te Utanganui lower North Island transport hub, and including the proposed Kiwirail Palmerston North Rail Depot.

Key information

100% NBS seismic rating

Drive-around design to provide efficient access for loading and unloading operations

• Concrete staging area, with ample storage room and ease of access

Multiple tenancy options to adapt to evolving business needs

Option to include existing racking for added convenience

280 on-site car parks

Stud height at approximately 13.4m

27,358sqm total floor area

Fully sprinklered warehouse and office area

Outstanding location near Palmerston North City Airport

PROPERTY OVERVIEW

Delivering better, together. 5

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PROPERTY OVERVIEW Delivering better, together. 7

Property highlights

Drive-through warehouse

Features a spacious and versatile 23,495sqm warehouse area for seamless movement of goods and equipment.

Multi level office space

921sqm of ground/first floor office space to enable efficient and centralised set-up of business operations.

Potential flexible tenancy options

Tenants have an option to customise layout to suit business requirements or explore sub-leasing options (subject to lease terms).

Canopy and staging area

Expansive canopy and concrete staging area allowing for on-site logistics efficiencies with plenty of covered storage and container devanning space.

Drive around design

Separate drive around ring road allowing for efficient movement to maximise the use of the site.

Further highlights

Forklift charging bay

Multi-level offices

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PROPERTY HIGHLIGHTS Delivering better, together. 9

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PROPERTY HIGHLIGHTS Delivering better, together. 11

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PROPERTY HIGHLIGHTS Delivering better, together. 13

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Location

Great proximity to Palmerston North City Airport and proposed Kiwirail Freight Hub. The property is situated on a substantial site within the Manawatu Industrial Park, on 70 hectares of prime industrial and commercial-zoned land.

The facility shares a location with some of New Zealand’s largest national and international manufacturers and distributors, including Countdown, Globelink, Big Chill, Downer, Norwood and Hooker Pacific.

Key amenities

Palmerston North Airport 2km Tremaine Avenue intersection 2km and 1.9km to Palmerston North CBD Kiwirail 5km Wellington 150km

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better, together.

LOCATION

Delivering

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1. 31 El Prado Drive (subject property) 2. Palmerston North City Council Airport 3. Proposed KiwiRail freight Hub 4. Countdown 5. Foodstuffs 6. DKSH 7. Fliway 8. Move Logestics 9. Cable Price 10. Norwood 11. Allflex 12. Big Chill 13. ADA 14. Freshmax 15. Globelink LOCATION 10 11 9 250M Restaurant Convenient city fringe location, with easy access to: 450M Childcare Centre 1.9KM Kelvin Grove Gym Delivering better, together. 17

Map Key Locations

Leasing highlights

Floor area schedule

LEASING HIGHLIGHTS

ADDRESS TOTAL FLOOR AREA LOCATION LAND AREA CAR PARKS NBS SEISMIC RATING 31 El Prado Drive, Palmerston North 27,358 sqm Manawatu Industrial Park 5.9 ha 280 $70 each per week 100% Warehouse 23,364.0 sq m Canopy 2,288.0 sq m Inwards Goods Office 93.8 sq m Forklift Charge Room 267.6 sq m Total 26,013.4 sq m Workshop 302.5 sq m Sprinkler Room 78.1 sq m Central Warehouse Dispatch Office 85.7 sq m Corner Office - Warehouse 28.5 sq m Total 494.8 sq m Ground Floor 456.4 sq m Covered Entrance 12.9 sq m Verandah of Staffroom (over 600mm wide) 32.6 sq m First Floor 480.0 sq m Total 981.9 sq m

Warehouse and accosicated areas Ancillary spaces Two level administration block/offices 18 31 El Prado Drive Information Memorandum

Testimonials Contact

It is this level of commitment and your very direct and positive approach which makes working for PMG a pleasure. They aim to achieve the best result for their tenants rather than looking at the cheapest cost option. This is a rare commodity in today’s market, but we are positive that this approach leads to significant benefits for all concerned.

Murray Barr, Director Vertrans