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CONSTRUCTION PROJECT
Wellington Point, QLD
The subject site is a rectangular shaped lot that is approximately 610 square metres in total. A Development Approval was given for the development of six 3 bedroom units and one 4 bedroom units in a five-storey dwelling. The first six units will each have a total living area of approximately 153 square metres, 3 bedrooms, 2 bathrooms and 2 car spaces. The remaining unit will comprise a total living area of approximately 275 square metres while having 4 bedrooms, 4 bathrooms and 2 car spaces. Wellington Point is situated approximately 26 kilometres east of the Brisbane CBD. local amenities include major retail facilities, schools, public transport, sporting and entertainment facilities. The surrounding developments predominantly comprises of semi-modern to modern detached dwellings, interspersed with modern and semi modern multi-unit residential buildings. Interest is prepaid for the term of the loan. Construction is approximately 28% complete.
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Valuation Reports:

Return: 8.54%* p.a. Fixed
LVR: 61.57%
Months Remaining: 10
Investment Ref: 141047
Total Loan: $7,050,000
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 (PDS) when deciding whether to invest or to continue to invest in the fund. The PDS and Target Market Determination is available our website.

Request SPDS:

Available Investment: $426,400
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.

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

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