Beaudesert

‍Location

Beaudesert is an established rural town within the Scenic Rim Regional Council LGA, approximately 42 radial kilometres west of the Gold Coast CBD and 58 radial kilometres south of the Brisbane CBD.  The locality is dominated by residential traditional low density detached housing to the centre of town and surrounding main thoroughfares. Rural zoned properties are situated to the fringe of the town centre.  The location is well established with services and amenity situated predominantly along the arterial roadways.

Development Project

The Property is located within the Scenic Rim Regional Council (SRRC), part of the south-western growth corridor of South-East Queensland, approximately 69km from Ipswich CBD, 69km from Brisbane CBD and 62km from the Gold Coast.

The subject property is a 251 hectares parcel (net developable area of 93.12 hectares) with zoning approval for a residential master planned community, comprising a base case development yield of 1,003 residential lots.

Purpose

The loan is provided to assist with the acquisition of subject property located at Alice Street, Beaudesert QLD.

Exit Strategy

The primary exit strategy is via refinance into a construction loan.

Construction Progress

N.A.

Pre-sales

N.A.

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