Current investments
Mortgage Investment Fund
Footscray, VIC
Fully Drawn
Complete - awaiting connections
Facility Limit: $3.56m
Return: 4.5% p.a. capitalised
Security: Registered first mortgage
LVR: 60% of GRV
Term: 18 months from 01/09/21
Type: Residential/Commercial Development Site
Payment: Compounding, payable on maturity
Seddon, VIC
Fully Drawn
Facility Limit: $683k
Return: 9.5% p.a. monthly
Security: Registered first mortgage
LVR: 74%
Term: 12 months from 21/06/24
Type: Residential /Single Dwelling Development
Payment: Monthly in arrears
Construction underway - 78% complete
Fully drawn
Complete - awaiting Occupancy Permits
Bosquet St, Maidstone, VIC
Facility Limit: $3.076m
Return: 8% p.a. monthly
Security: Registered first mortgage
LVR: 68% of GRV on completion of project
Term: 24 months from 12/05/2023
Type: Residential
Payment: Monthly in arrears
Fully drawn
Thurgoona, NSW
Facility Limit: $2.547m
Return: 10% p.a. monthly
Security: Registered first mortgage
LVR: 36%
Term: 12 months from 10/12/2024
Type: Commercial/Industrial
Payment: Monthly in arrears
Industrial Development Site
Ballarat Road, Maidstone, VIC
Fully drawn
Development Site
Facility Limit: $2.257m
Return: 9% p.a. monthly
Security: Registered first mortgage
LVR: 65%
Term: 24 months from 01/05/2024
Type: Residential - 6 townhouse site
Payment: Monthly in arrears
Fully drawn
Brighton East and Blairgowrie, VIC
Facility Limit: $258,500
Return: 15% p.a. monthly
Security: Registered second mortgage (Caveat)
LVR: 75%
Term: 9 months from 09/12/2025
Type: Residential
Payment: Monthly in arrears
