Body Works
2 Arbor Place, Greytown - Bodyworks Panel & Paint
6 Arbor Place, Greytown - City Care
14 Arbor Place, Greytown - The Olive Press Ltd
213-219 Main Street, Greytown - Farmlands
246 Main Street, Greytown - Stihl Shop
175-177 Main Street Greytown
124 Main Street Greytown
64 Main Street, Greytown - Police Station
64A Main Street, Greytown - SWDC & CDC Greytown Building Services Office
64B Main Street, Greytown - Shadow Gallery
10 McMaster Street, Greytown
55-59 East Street, Greytown
123 East Street, Greytown
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The Trust owns property (land and buildings) and community land for lease. Property as at 31 March 2024

Property is leased to commercial tenants under market rent terms for periods varying typically from 1 to 5 years.  Tenants include national brand companies like Farmlands and Stihl as well as a range of local businesses.

Resulting from past decisions the bulk of our land holdings is leased in perpetuity to organisations who have constructed buildings on it for community use or benefit.  Ownership of the buildings in these instances does not rest with the Trust.

Tenants include Greytown Rugby Club, Greytown Bowling Club, Royal NZ Plunket Trust and Cobblestones Museum Trust.  Rents from this type of tenancy typically provide a lower return on asset value than for property.

The Trust’s current property portfolio valuations based on fair values as at 31 March 2024 are $7,685,000 commercial properties (land and buildings) and $4,830,000 community properties (land only).

Managed Funds

In September 2021 Trustees resolved to divest some of its assets into managed funds with Craigs Investment Partners.  

As at 31 March 2024 the investment fund sits at $7,057,137.