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CONSTRUCTION PROJECT
North Melbourne, VIC
The subject site is a rectangular shaped lot that is approximately 623 square metres. A planning permit has been granted for the construction of eleven four-storey townhouses. The townhouses will have living areas ranging between approximately 127 to 161 square metres. Nine townhouses will comprise of three bedrooms, two bathrooms and one car space while two townhouses will comprise of four bedrooms, three bathrooms and one car space. North Melbourne is located approximately 2 kilometres north from Melbourne CBD and local amenities include retail facilities, educational institutions and public transport. The surrounding development in the area is a mixed-use precinct comprising of single and double level commercial and industrial buildings as well as single and double storey dwellings interspersed with modern townhouse and apartment developments. Interest is prepaid for the term of the loan. Construction is approximately 19% completed and 1 unit has presold.
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Valuation Reports:

Return: 8.74%* p.a. Variable
LVR: 65.00%
Months Remaining: 16
Investment Ref: 649009
Total Loan: $11,641,000
Original Term: 21 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: $1,275,500
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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