Lambton, NSW
- Project: Construction of 8 townhouses
- Loan amount: $1,000,000
- Total loan facility: $4,740,000
- Project term: 16 months
- Target return*: 8.5% p.a.
Project vision
This project is to develop eight three-bedroom townhouses in the Newcastle suburb of Lambton. The first raise of this project will be used to refinance out the current lender, with subsequent phases contributing to the construction of the dwellings.
Just 10 minutes from Newcastle’s CBD or 10 minutes to Lake Macquarie, Lambton boasts a great central location. Major shopping centres at Charlestown and Kotara are also easily accessible with public transport and again just a short drive from Lambton. With both a high school and primary schools in the area, Lambton is a great suburb for young families and professionals.
The fund raise for phase one is for $1,000,000 to be completed in December 2022, with the second phase to be completed shortly after in January 2023.
Project developer
After eight years of building a sustainable real estate development company, developers Alice and Tibor wanted to do more on the affordable end of the spectrum.
As the CEO of Urban Villager, Alice is well versed in all aspects of property, including market research, acquisitions, and site selections
As the CXO of Urban Villager, Tibor ensures that sustainability and eco-technology are incorporated efficiently and profitably into real estate development. With a unique background in consultancy and design, Tibor focuses on details that make spaces liveable and are financially feasible.
This project is launching soon, register now to ensure you’re ready to invest in this project.
Deagon, QLD
- Project: Construction and conversion to 5-bed co-living units
- Loan amount: $317,000
- Total loan facility: $742,000
- Project term: 15 months
- Target return*: 8.25% p.a.
Project vision
This project is to build a five-room co-living house in Queensland’s Deagon suburb. It has two stages — land acquisition and construction. Completion of the project is set to be 15 months from settlement.
Deagon is a hidden gem, more affordable than nearby suburbs but with all the benefits of a beautiful bay, bush and nearby history. Most parts of Deagon are within a short walk to Sandgate and the bay but without the price tag of pricier suburbs nearby. With some great hidden cafes, 2 nearby shopping centres, plus a varied selection of restaurants and bars close by, Deagon offers plenty for young professionals living in the area. Only 30 minutes to the city via train, the area also benefits from having the Gateway Motorway on it’s doorstep.
The fund raise for phase one is for $317,000 to be completed in November 2022.
Project developer
Having worked in property for more than 2 decades, project manager Dave Ward has extensive experience in this space. As a buyers agent, he has acquired over 500 properties for clients to assist in establishing and managing property portfolios. Having personally completed large scale developments in both the residential and commercial sectors, as well as managing 17 small-lot subdivisions where additional dwellings have been constructed for sale or held similar to this development, Dave is well suited to deliver this project.
This project is launching soon, register now to ensure you’re ready to invest in this project.
Glenroy, VIC
- Project: Construction and conversion to 2 x 6-bed co-living houses
- Loan amount: $300,000
- Total loan facility: $1,290,000
- Project term: 11 months
- Target return*: 7%
Project vision
This project is to build two six-room co-living rooming houses in Melbourne’s Glenroy suburb. It has two stages — land acquisition (already completed) and construction. Completion of the project is set to be 15 months from settlement.
The project is situated in Glenroy, VIC, 13km north of Melbourne’s CBD. Very close to amenities, train, and employment hubs, it’s designed to fill a demand in the growing ‘couples tenant’ market.
The development will be finished as ‘turn-key’, complete with fully furnished rooms including kitchenette and ensuite. As rooming houses, they also feature common kitchen and living areas, and an onsite laundry.
The fund raise for phase 2 was for $295,000 which was completed in October 2022. Phase three is for $300,000.
Project developer
Cheryl Leong | Sahara Madhi | Matthew White
Massive Impact Co. was formed to provide safe, affordable housing for the community as well as give the everyday investor access to high cash flow investments. Sahara and Matthew are known as Melbourne’s rooming house experts having completed over 100 rooming house projects. They also own nine rooming houses and are licensed operators.
Cheryl is a developer and social entrepreneur that endeavours to combine purpose and profit to deliver projects that make a difference. Together they form a formidable team that is passionate, innovative and driven to deliver results and making a massive impact to others.
This project is launching soon, register now to ensure you’re ready to invest in this project.
