logo
CONSTRUCTION PROJECT
Maroubra, NSW
The subject site is a regular shaped lot that is approximately 626 square metres. A planning permit has been granted for the demolition of the existing dwelling and the construction of a three level multi dwelling housing development containing five dwellings. Four dwellings will have an average internal area of an approximately 98 square metres with each consisting of three bedrooms, two bathrooms and two basement parking spaces. The last dwelling will have an internal area of approximately 97 square metres consisting of two bedrooms, two bathrooms and two basement parking spaces. Maroubra is located approximately 10 kilometres south of the Sydney CBD and local amenities include shopping centres, education institutions, public transport and parks. The surrounding development in the area comprises a mix of residential development incorporating shop top housing and medium rise apartment buildings. Interest is prepaid for the term of the loan. Construction is approximately 21.6% complete.
Back to List
 

Valuation Reports:

Return: 8.54%* p.a. Fixed
LVR: 64.99%
Months Remaining: 12
Investment Ref: 640591
Total Loan: $5,534,000
Original Term: 19 Months
Credit Coded: No

This investment is being made available by La Trobe Financial Asset Management on a Peer-to-Peer (P2P) basis for your consideration.

*The rate of return on your investment is current at 1 April 2024. The rate of return is not guaranteed and is determined by the performance of the investment you select as disclosed in the SPDS and may be lower than expected. Investment earnings are dependent on the borrower making the payments required under the loan. Payments are generally monthly, but this may be varied by disclosure in the SPDS.

An investment in the Credit Fund is not a bank deposit, and investors risk losing some or all of their principal investment. Past performance is not a reliable indicator of future performance. Withdrawal rights are subject to liquidity and may be delayed or suspended.

La Trobe Financial Asset Management Limited ACN 007 332 363 Australian Financial Services Licence 222213 Australian Credit Licence 222213 is the responsible entity of the La Trobe Australian Credit Fund ARSN 088 178 321. It is important for you to consider the Product Disclosure Statement for the Credit Fund in deciding whether to invest, or to continue to invest, in the Credit Fund. You can read the PDS and Target Market Determination on our website or ask for a copy by telephoning us on 13 80 10.

Request SPDS:

Available Investment: $1,131,000
If you would like to invest in this property please provide your details below and we will email an SPDS to you.

New Investor?

Our P2P investments are only available to registered members of our Credit Fund. You will need to register with us to start investing.

Register

Alternatively please contact our Credit Asset Management Team on 1800 818 818.

© Copyright 2024 La Trobe Financial Services Pty Limited ABN 30 006 479 527. All rights reserved. No portion of this website may be reproduced, copied, or in any way reused without written permission from La Trobe Financial. La Trobe Financial Services Pty Limited ACN 006 479 527 Australian Credit Licence 392385. La Trobe Financial Asset Management Limited ACN 007 332 363 Australian Financial Services Licence 222213 Australian Credit Licence 222213.