MIXED USE
Mount Pleasant, QLD
The subject property comprises an irregular shaped corner allotment of approximately 3,897 square metres. The site is currently improved with a single-level, large format retail building comprising approximately 1,477 square metres of lettable area, including showroom, workshop, mezzanine, and office accommodation, together with 37 at-grade car parking spaces. Proposed development comprises a refurbishment of the existing building, with the completed development comprising three separate showroom tenancies ranging in size from approximately 337 to 723 square metres. Mount Pleasant is located approximately 5.4 kilometres north-west of the Mackay CBD, with the site in close proximity to local amenities, including recreational amenities, schools, retail shops, parks and reserves, and public transport. Surrounding development comprises an established large format retail and commercial precinct, alongside older style residential dwellings. Construction is approximately 62% complete . Interest is prepaid for the term of the loan.
 

Valuation Reports:

Return: 7.74%* p.a. Fixed
LVR: 68.77%
Months Remaining: 11
Investment Ref: 745612
Total Loan: $5,330,000
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: $3,590,000
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.