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RESIDENTIAL - CONSTRUCTION
Maroubra, NSW
The subject site is an irregular shaped lot that is approximately 480.6 square metres. A development certificate has been issued for the construction of a two storey attached dual occupancy. Dwelling 1 will be approximately 195 square metres in living area and will comprise of 4 bedrooms, 2 bathrooms and 1 car space. Dwelling 2 will be approximately 198 square metres in living area and will comprise of 4 bedrooms, 2 bathrooms , 1 car space and pool. Maroubra is located approximately 8 kilometres east from Sydney CBD and local amenities include shopping centres, public transport, schools, recreational facilities and beach. The surrounding development in the area consists of a mix of modern and older style residential dwellings together with older style strip retail. Interest is prepaid for the term of the loan. Construction has not commenced.
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Valuation Reports:

Return: 8.29%* p.a. Fixed
LVR: 68.28%
Months Remaining: 15
Investment Ref: 141331
Total Loan: $5,580,000
Original Term: 16 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: $2,060,000
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.

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

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