Boondall, QLD
- Project: 1 into 2 subdivision
- Loan amount: $460k
- Total loan facility: $1,900,000
- Project term: 18 months
- Target return*: 8.5% p.a.
Project vision
This project is to subdivide the current lot into 2 lots and construct new dwellings on each lot that have been designed specifically to maximise rent.
Nestled along the shores of the pristine Moreton Bay, Boondall offers residents and visitors a tranquil escape from the hustle and bustle of city life, with its serene waterways, parks, and wetlands. The suburb is home to the renowned Boondall Wetlands, a haven for birdwatchers and nature enthusiasts, featuring an extensive network of walking and cycling trails. Boondall also hosts the Brisbane Entertainment Centre, a premier venue for concerts, sports events, and entertainment.
Project developer
Developer Adam Jones has gained vast experience in the property world, undertaking dozens of property projects all over Brisbane and utilising a broad range of strategies. Adam has previously worked as a buyer’s agent and is particularly skilled in using his town planning and design experience to extract the maximum possible yield from every site. Adam has lived all his life in the northern suburbs of Brisbane and it is and area he is intimately familiar with.
This project is launching soon, register now to ensure you’re ready to invest in this project.
Dubbo, NSW
- Project: Duplex
- Loan amount: $200,000
- Total loan facility: $1,200,000
- Project term: 15 months
- Target return*: 8.5% p.a.
Project vision
This project is to build a specialist disability accommodation (SDA) duplex in Dubbo. The initial raise for settlement will be $200,000 with subsequent phases used for construction.
Surrounded by stunning natural landscapes, Dubbo offers a strong sense of community and a relaxed, laid-back lifestyle. The city is known for its friendly and welcoming residents, making it an excellent place to raise a family or connect with others in the community. The city also boasts access to a range of amenities with several healthcare facilities, including the Dubbo Base Hospital, a range of shopping options, including Orana Mall as the major shopping centre and cultural attractions in the way of museums, art galleries, and theaters.
Current demand for SDA is outstripping supply, with more than 150 NDIS participants expected to be in or looking for these properties in the coming years.
Project developer
Developer Anthony Pattinson has over 25 years experience in the property and finance sectors having worked with major real estate and consulting firms, government develope, funds management and financial institutions. During the last 10 years he has held senior roles with leading Australian Banks providing debt and capital solutions to a range of privates, corporates and unlisted trusts.
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 kitchenette and ensuite. As rooming houses, they also feature common kitchen and living areas, and an onsite laundry.
The fund raise for phase one is for $450,000 to be completed in February 2023.
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 that 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 making a massive impact to others.
This project is launching soon, register now to ensure you’re ready to invest in this project.
