East Corrimal, NSW
- Project: 3 x 3 bedroom townhouses
- Loan amount: $1,580,000
- Total loan facility: $3,050,000
- Project term: 18 months
- Target return*: 8.5% p.a.
Project vision
This project is to build three 3-bedroom townhouses in Wollongong’s East Corrimal suburb. Completion of the project is set to be 18 months from settlement.
Nestled within the picturesque Illawarra region of New South Wales, Australia, East Corrimal is a tranquil coastal suburb embraced by the city of Wollongong. Situated approximately 67 kilometers south of Sydney, this charming locale boasts the breathtaking Corrimal Beach as its centerpiece. With its golden sands, renowned surf spots, and inviting community parks, East Corrimal offers an idyllic blend of relaxation and vibrant lifestyle opportunities.
Primarily residential, the suburb caters to a diverse demographic, from families to professionals and retirees, offering an array of housing options ranging from cozy established homes to contemporary developments. East Corrimal’s intimate commercial hub provides essential amenities, while its close proximity to Wollongong ensures convenient access to a wider range of services and employment prospects.
The first phase of this project will be raising $1,580,000 for refinancing the current loan, with subsequent phases to be used for construction.
Project developer
Assured Projects, spearheaded by Fergus Stokes, specialises in acquiring expansive properties in Wollongong with the aim of developing 3 to 7 residences. The company strategically targets CDC corner lots in established markets and properties with development challenges in burgeoning areas. Drawing upon Fergus’s expertise in engineering and surveying, Assured Projects has successfully executed deals in East Corrimal, with a clear trajectory towards transitioning into full-time property development.
This project is launching soon, register now to ensure you’re ready to invest in this project.
Newtown, QLD
- Project: 3 Villas
- Loan amount: $210,000
- Total loan facility: $2,280,000
- Project term: 15 months
- Target return*: 8.5% p.a.
Project vision
This project is to construct 3 Villas in the Toowoomba suburb of Newtown. The initial raise for settlement will be $210,000 with subsequent phases used for construction.
Newtown is a suburb located in the city of Toowoomba, Queensland, Australia. Toowoomba is known as the “Garden City” and is situated on the Darling Downs, approximately 125 kilometers west of Brisbane. Newtown is situated to the northwest of Toowoomba’s central business district and offers a range of amenities and services to its residents.
The suburb is known for its family-friendly atmosphere and proximity to schools, parks, and shopping centers. Like much of Toowoomba, Newtown benefits from the city’s well-regarded educational institutions and healthcare facilities.
Project developer
UNITED HOUSING GROUP PTY LTD - Directors, Ryan Glaser & Cheyne Cooke
UHA is a specialist property development and management firm that provides innovative housing solutions to improve the lives of Australians living with disabilities, particularly those funded through the National Disability Insurance Scheme. Previous experience includes 2 completed SDA deals in Toowoomba. They have a vision to deliver $144m in the SDA space in 10 years.
This project is launching soon, register now to ensure you’re ready to invest in this project.
Glen Iris, VIC
- Project: 2 x 3 bedroom townhouses
- Loan amount: $1,310,000
- Total loan facility: $3,000,000
- Project term: 18 months
- Target return*: 8.5% p.a.
Project vision
This project is to build two 3-bedroom townhouses in Melbourne’s Glen Iris suburb. Completion of the project is set to be 18 months from settlement.
Glen Iris is a well-established and sought-after suburb located in the southeastern part of Melbourne, Victoria. The area is known for its beautiful tree-lined streets, large heritage homes, and attractive parks, making it a popular destination for families and professionals alike.
The first phase of this project will be raising $1,310,000 for refinancing the current loan, with subsequent phases to be used for construction.
Project developer
Having worked in the industry for nearly a decade, developer James Rankin is a passionate and experienced property professional. Undertaking a wide range of roles, from design to buyers agency, James has an intimate understanding of the end-to-end process of projects, assisting him greatly in delivering high-quality projects.
This project is launching soon, register now to ensure you’re ready to invest in this project.
