CONSTRUCTION PROJECT
Penrith, NSW
The subject site is a regular shaped lot that is approximately 2,087 square metres in area. A planning permit has been issued for the development of a six storey residential flat building containing 62 apartments, along with two levels of basement parking. The development will feature 16 one-bedroom apartments with a living area of approximately 50 square metres whilst 42 two-bedroom apartments will include a living area of approximately 74 square metres. The 4 three-bedroom apartments will have approximately 123 square metres of living area. Penrith is located approximately 55 kilometres west of Sydney CBD. The surrounding development consists of established older style low-density residential dwellings and retail properties. The subject site is in close proximity to public transport, retail amenities, schools, parks and hospitals. Interest is prepaid for the term of the loan. Construction is approximately 72% completed.
 

Valuation Reports:

Return: 8.84%* p.a. Fixed
LVR: 65.00%
Months Remaining: 10
Investment Ref: 141618
Total Loan: $23,114,800
Original Term: 24 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 June 2025. 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: $606,300
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.