MIXED USE
Mermaid Beach, QLD
The subject site comprises two securities across five allotments. The first site is an amalgamation of four lots, forming an irregular shaped corner allotment with a total area of approximately 1,641 square metres. Improvements comprise two older-style single-storey commercial buildings, with a single carport. The second site is a regular-shaped internal allotment of approximately 405 square metres. The property is improved with an older-style, single-level dwelling, comprising one bedroom, and one bathroom, with internal areas of approximately 104 square metres. There are currently no Planning permits or development approvals for either property. Mermaid Beach is located approximately 7 kilometres south of Southport CBD, with the sites in close proximity to local amenities including, public transport, educational facilities, recreational amenities, local shops, and beaches. The surrounding development comprises a mix of established and contemporary low to medium-rise apartment buildings, alongside a smaller number of detached dwellings of various ages and quality. Interest is prepaid for the term of the loan.
 

Valuation Reports:

Return: 7.84%* p.a. Fixed
LVR: 55.02%
Months Remaining: 11
Investment Ref: 745700
Total Loan: $6,795,000
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 July 2026. 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: $4,078,500
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.

Register

Alternatively please contact our Credit Asset Management Team on 1800 818 818.