Newtown, QLD
- Project: 5 Villas
- Loan amount: $260,000
- Total loan facility: $2,280,000
- Project term: 12 months
- Target return*: 8.5% p.a.
Project vision
This project is to construct 5 Villas in the Toowoomba suburb of Newtown. The initial raise for settlement will be $260,000 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 early next week, register now to ensure you’re ready to invest in this project.
Forest Lakes, QLD
- Project: 3 x 5 bedroom co-living houses
- Loan amount: $500,000
- Total loan facility: $2,200,000
- Project term: 15 months
- Target return*: 8.5% p.a.
Project vision
This project is to build three 5-bedroom co-living houses in Brisbane’s Forest Lakes suburb. Completion of the project is set to be 15 months from settlement.
Forest Lake is a vibrant suburban community located in southwestern Brisbane, Queensland, Australia. It was the first master-planned residential community in Brisbane, developed in the 1990s. The suburb features a central man-made lake that offers recreational activities like boating and fishing, as well as walking paths and parks for residents to enjoy. Forest Lake is known for its family-friendly atmosphere, with a variety of shopping centers, schools, and medical facilities.
Forest Lake Village Shopping Centre serves as the local retail hub, while the suburb’s design prioritizes open spaces and convenient amenities. Forest Lake is well-connected to the Brisbane city center via major roadways and public transport. Community events and activities throughout the year contribute to the strong sense of community among residents, making Forest Lake a desirable place to live.
The first phase of this project will be raising $500,000 for refinancing the current loan, with subsequent phases to be used for construction.
Project developer
Developer Brendan Waights has extensive experience in the property sector. Having been a part of several projects as a financier, he is now looking to complete his own projects. Passionate about affordable housing, Brendan is aiming to complete several of these co-living projects in the near future.
This project is launching soon, register now to ensure you’re ready to invest in this project.
Glenroy, VIC
- Project: Construction and conversion to 2 x 6-bed co-living houses
- Loan amount: $450,000
- Total loan facility: $1,340,000
- Project term: 18 months
- Target return*: 8.5% p.a.
Project vision
This project is to build two six-room co-living rooming houses in Melbourne’s Glenroy suburb. It has two stages — land acquisition (already completed) and construction. Completion of the project is set to be 15 months from settlement.
The project is situated in Glenroy, VIC, 13km north of Melbourne’s CBD. Very close to amenities, train, and employment hubs, it’s designed to fill a demand in the growing ‘couples tenant’ market.
The development will be finished as ‘turn-key’, complete with fully furnished rooms including a kitchenette and ensuite. As rooming houses, they also feature a common kitchen and living areas and an onsite laundry.
Project developer
Cheryl Leong | Sahara Madhi | Matthew White
Massive Impact Co. was formed to provide safe, affordable housing for the community as well as give the everyday investor access to high cash flow investments. Sahara and Matthew are known as Melbourne’s rooming house experts having completed over 100 rooming house projects. They also own nine rooming houses and are licensed operators.
Cheryl is a developer and social entrepreneur who endeavours to combine purpose and profit to deliver projects that make a difference. Together they form a formidable team that is passionate, innovative and driven to deliver results and make a massive impact on others.
This project is launching soon, register now to ensure you’re ready to invest in this project.
