CONSTRUCTION PROJECT
Wallabi Point, NSW
The subject site is a regular shaped lot that is approximately 1,500 square metres in size. A planning permit has been granted for the construction of a single level industrial unit and storage unit complex incorporating a total of 8 separately titled allotments inclusive of 6 industrial units, 5 of which include an area of approximately 89.74 square metres and the large shed of approximately 209.98 square metres, while the remaining 2 storage sheds will be approximately 16.19 and 16.55 square metres respectively. Wallabi Point is located approximately 316 kilometres north-east from the Sydney CBD and approximately 180 kilometres north-east from the Newcastle CBD. Local amenities include shops, bars, reserves and beaches. The surrounding development in the area consists mainly industrial dwellings alike interspersed with retail dwellings. Interest is prepaid for the term of the loan. Construction is approximately 49% complete.
 

Valuation Reports:

Return: 8.39%* p.a. Fixed
LVR: 62.45%
Months Remaining: 7
Investment Ref: 649092
Total Loan: $1,497,000
Original Term: 12 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: $581,000
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.