18_Aldridge_St_balcony

Auchenflower, QLD

  • Project: Renovation + 5 residential apartments
  • Loan amount: $780k
  • Total loan facility: $3.5m
  • Project term: 18 months
  • Target return*: 7%

Project vision

This project is to build five apartments in Brisbane’s Auchenflower suburb. It has two stages — demolition and construction. Completion of the project is set to be 18 months from settlement.

The project is situated in Auchenflower, QLD, 3km west of Brisbane’s CBD. Very close to amenities, train, and employment hubs, Auchenflower is one of Brisbane's most popular suburbs for many reasons. Situated only 3 train stations away from the CBD, it's also close enough to Brisbane's second CBD, Toowong, and St Lucia's University of Queensland. Boutique shopping is unavoidable in neighbouring Paddington and the closest grocery stores are located at the trendy Roma Street entertainment development.

Project developer

Developer Michelle Cao, of Mii&Co, is focused on delivering timeless pieces to function flawlessly within people's lives. Having been a property developer for over 10 years, she is driven to provide environmentally sustainable, smart design solutions, with most of their homes featuring solar panels, innovative insulation systems, high quality fittings and high energy-rating appliances.

This project is launching soon, register now to ensure you’re ready to invest in this project.

 

Brassall

Brassall, QLD

  • Project: 15 lot subdivision
  • Loan amount: $2.1m
  • Total loan facility: $3.35m
  • Project term: 15 months
  • Target return*: 7%

Project vision

This project is to subdivide an 18,000 sqm development into 15 lots in the Ipswich suburb of Brassall. The first raise is assisting in settling the land, of which more than 10 lots have already been pre-sold. Completion of the project is set to be 15 months from settlement.

Brassall offers its residents a range of facilities, with a variety of schools, shops, and sporting facilities all located within the area. A diverse and high demand market, this area appeals to couples and families of all demographics. Brassall offers quick highway access to the Warrego Hwy for Brisbane and Toowoomba commuters, as well as being only a short drive to the Riverlink shopping centre and the Ipswich CBD. 

Project developer

Evan is a founding director of HP Constructions who are experts in premium new build construction, as well as delivering architecturally designed and bespoke new homes to their clients. They have an extensive body of work that covers all types of design specifications and site conditions.

Evan possesses a wealth of trade and construction knowledge with experience covering all sectors of the construction industry. He is a qualified carpenter, but his early professional background was in financial services. These skillsets ensure the financial management aspect of every project is also well covered. In addition to being a trade qualified carpenter and licensed builder, Evan also holds a Bachelor of Economics (Macquarie University) and a Post-Graduate Diploma of Applied Finance & Investment (FINSIA).

 

George_Town

George Town, TAS — launching soon

  • Project: 4 townhouses
  • Loan amount: $250k
  • Total loan facility: $690k
  • Project term: 15 months
  • Target return*: 7%

Project vision

This project is to construct four townhouses in the Tasmanian suburb of George Town. Completion of the project is set to be 15 months from first drawdown.

Situated on the coast 30 minutes north Launceston, and close to the beach (about 20 mins to Bell Bay), George Town has a number of attractive features. A diverse and high demand market, this area appeals to couples and families of all ages. This suburb contains several quality schools, as well as day care and child care centres, and has seen a significant increase in interest from young families looking to move into the area. Further growth is expected in George Town, which is slated for significant investment in the renewable energy sector. 

Project developer

Developer Michael Ta has been heavily involved in property and construction for more than two decades. Michael currently owns and operates his own construction company, as he has done for over 20 years. He has an extensive understanding of both the Melbourne and Tasmania property markets, having completed projects as large as 25 townhouses previously.

Is George Town a green energy boom town? Find out more in our article: Boom town? An introduction to George Town, Tasmania.

This project is launching soon, register now to ensure you’re ready to invest in this project.

 

*Target returns, not forecast returns. For wholesale investors only. Terms, conditions, and risks apply.


20 Jul 2022

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