CONSTRUCTION PROJECT
Point Frederick, NSW
The subject site is a regular shaped residential development approximately 752.8 square metres. The site is currently fenced off with construction works underway. A development approval was granted for the construction of a 7 storey lifted residential flat building, comprising of 24 home units, over one level of basement and one level of ground floor car parking for 31 vehicles. The 24 home consists of 4 studio, 8 one bedroom, 5 two bedroom, 6 three bedroom and 1 four bedroom. Some of the units have potential for water views over Brisbane Waters. Point Frederick is located approximately 76 kilometres north east of the Sydney CBD and directly south of the Gosford City Centre. The subject site is in close proximity to the local Gosford Sailing Club along with cafes, retail shops and public transport. The surrounding developments are predominantly residential dwellings of varying age and style. Construction is approximately 73% complete. Interest is prepaid for the term of the loan.
 

Valuation Reports:

Return: 8.54%* p.a. Fixed
LVR: 70.00%
Months Remaining: 4
Investment Ref: 167838
Total Loan: $12,460,000
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 (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: $2,193,400
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.