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CONSTRUCTION PROJECT
Parkdale, VIC
The subject site is a rectangular shaped lot that is approximately 241 square metres. A planning permit has been granted for the construction of a two-storey townhouse to the rear of an existing dwelling. The townhouse will have a living area of approximately 195 square metres and will comprise four bedrooms, three bathrooms and double garage. Parkdale is located approximately 30 kilometres south-east from Melbourne CBD and local amenities include shopping centres, public transport, recreational facilities and beaches. The surrounding development in the area is predominately residential in nature, characterised by detached brick veneer and weatherboard dwellings and increasing number of modern townhouses. Interest is prepaid for the term of the loan. Construction is approximately 65% completed.
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Valuation Reports:

Return: 8.39%* p.a. Fixed
LVR: 70.00%
Months Remaining: 7
Investment Ref: 640530
Total Loan: $1,200,500
Original Term: 15 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: $605,000
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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