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CONSTRUCTION PROJECT
West Footscray, VIC
The subject comprises of two rectangular and one irregular shaped block with a total site area of approximately 7,009 square metres. A planning permit has been granted for the construction of a four storey self storage facility and two single storey retail buildings. The storage facility will be managed by Wilson Storage Pty Ltd and comprises a net storage area of approximately 7,969 square metres, with a total number of 946 units averaging 8.42 square metres in unit size. Furthermore, the two retail facilities have been secured by Snap Fitness and Supercheap Auto as tenants, these facilities will have a total area of 510 square metres and 929 square metres respectively. West Footscray is located approximately 7.25 kilometres to the west of Melbourne CBD and local amenities includes shopping centres, schools, public transport and recreational facilities are available within close proximity. The surrounding development comprises a mix of low-density and medium density residential developments. Interest is prepaid for the term of the loan and construction is approximately 46% complete.
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Valuation Reports:

Return: 8.69%* p.a. Fixed
LVR: 60.00%
Months Remaining: 9
Investment Ref: 141932
Total Loan: $21,840,000
Original Term: 13 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 March 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: $7,879,500
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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