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CONSTRUCTION PROJECT
Northbridge, NSW
The subject site is an irregular shaped lot that is approximately 1,549.2 square metres. A Development Consent has been approved for the demolition of existing buildings and construction of a new residential flat building comprising of 11 apartments over basement parking. Three units will include 2 bedrooms and 2 bathrooms, while the remaining 8 units will offer 3 bedrooms and 2 bathrooms. The internal living area of all the units will range from approximately 98 to 134 square metres, respectively. Northbridge is located approximately 7 kilometres north of the Sydney CBD, local amenities include retail shops, public transport, parks, recreational and educational facilities. The surrounding development in the area consists of a mix of modern residential apartment developments together with older style low rise residential dwellings. Interest is prepaid for the term of the loan. 2 units are presold. Construction is at 86% completion.
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Valuation Reports:

Return: 8.84%* p.a. Fixed
LVR: 70.00%
Months Remaining: 5
Investment Ref: 649476
Total Loan: $24,105,000
Original Term: 6 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: $10,690,600
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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