Projects coming soon — June 2022

Projects coming soon — June 2022

We have a rapidly growing pipeline of exciting projects in review right now that are likely to soon need finance. This is your opportunity to register as an investor and invest in property project loans to earn up to 7% p.a. target income returns* and help leading property developers build new homes for Australians!

Register as an investor now to ensure you don’t miss out on upcoming projects.

Here are some more indicative details on three of our upcoming projects.

George Town, TAS

  • Project: 4 townhouses
  • Loan amount: $140k
  • Total loan facility: $800k
  • 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.

The fund raise for phase one will be for $140,000 which is to be completed by May 2022, with phase 2 ($100,000) to be completed in July 2022.

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.

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.

The fund raise for phase one is for $2,100,000 which is to be completed by June 2022, with phase 2 ($200,000) to be completed in July 2022 to begin construction.

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).

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

Surfer’s Paradise, QLD

  • Project: 3 townhouses
  • Loan amount: $940k
  • Total loan facility: $3.08m
  • Project term: 15 months
  • Target return*: 7%

Project vision

‘Iko’ is a premium townhouse (x3) development located on the prestigious Isle of Capri, only steps away from the Gold Coast’s exciting Home of the Arts. Extensive waterfront parks, paths and pedestrian bridges link ‘Iko’ to Chevron Island, Surfers Paradise and Capri on Via Roma - a lively waterside marketplace with gourmet eateries, gift shops, supermarket and marina parking.

‘Iko’ is close to exclusive private schools (The Southport School & St Hilda’s), two major hospitals, a host of excellent medical, sporting and recreation facilities and a variety of shops. A 14-minute drive will take you to the M1, and from there you can be in Brisbane’s CBD within an hour. Or a short walk takes you to the local bus stop and Gold Coast light rail.

Each town home will provide 250-260 sqm in living space – spread over two-and-a-half levels, including 4 bedrooms, 2 bathrooms, powder room, and study. Large balconies and alfresco roof top terraces will provide residents with multiple places to relax, entertain and enjoy the canal and Surfers Paradise skyline views.

Project developer

The developer, Driftwood, provides an end-to-end property development service. With a combined 25+ years experience in managing complex projects, budgets and teams, their projects aim for minimum risk and stress.

The construction will be undertaken by multi-award winning builders since 1999, Gala Homes. Gala Homes has a reputation for distinction, sophistication, and uncompromising quality, Their process makes the build time faster and aims to eliminate variations and cost blow-outs with meticulous project planning from the start. This reduces the likelihood of hold ups along the way giving clients access to their new home on time and within budget.

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.