Newstead is a highly sought-after mixed-use suburb within the fringes of the Brisbane CBD and part of the Brisbane City Council.
Fully Funded
Brisbane
|
Queensland

Breakfast Creek

Newstead is a highly sought-after mixed-use suburb within the fringes of the Brisbane CBD and part of the Brisbane City Council.

Project Details
S$ 4.49 M
Funds Invested
6.25% - 6.40%
Nett Interest Rate Per Annum
12
Tenure (Months)
Monthly
Repayment Scheme
December 15, 2023
Loan Start Date
December 14, 2024
Loan End Date

Project Description

Location

The property is located at Breakfast Creek Road and Ross Street, Newstead QLD, only 3km northeast of Brisbane CBD. Newstead is a highly sought-after mixed-use suburb within the fringes of the Brisbane CBD and part of the Brisbane City Council. The site is located within proximity to all necessary amenities, including retail, education, childcare, public transport, and sporting amenities such as Newstead House, Breakfast Creek Hotel, Gasworks Plaza, Brisbane Indoor Sports Centre, and Valley Homemaker Centre.

Development Project

The site will propose 3 residential towers, comprising a total of 651 apartments over 25 stories each. The area directly surrounding the site is undergoing urban renewal and gentrification, with the completion of the Mercedes-Benz Autohaus and Bunnings Newstead Precinct.

The site is well serviced by major arterial roads and highways, including Kingsford Smith Drive and the Inner City Bypass, which both connect to Breakfast Creek Road.

Purpose

The loan is provided to assist the developer with the refinance of a future development site.

Exit Strategy

The primary exit strategy will be via refinance of debt for the purpose as a pre-development land facility or for construction of proposed commercial and/or residential site.

Image Gallery

View Our Past Property-Backed Loan Deals

These Property-Backed Loan Deals were rigorously evaluated for creditworthiness and growth potential. They have provided a healthy return for our investors who have participated in the Deals.

The property site is zoned R2, for low density residential and is well located within the region, being in proximity to the existing public transport network, amenities and major transport nodes in the area. Box Hill city centre is approximately 4.7 km to the south-west of the subject site.

Landen Construction Note

The property site is zoned R2, for low density residential and is well located within the region, being in proximity to the existing public transport network, amenities and major transport nodes in the area. Box Hill city centre is approximately 4.7 km to the south-west of the subject site.
6.10%
nett p.a.
|
12
months
The property is in the suburb of Broadmeadows, within Melbourne's northern industrial sub-market. Located in the precinct to the North of Camp Road, south of Broadfield Road and bordering the Merlynston Creek to the west, the property is approximately 15 kilometres north of the Melbourne CBD.

Broadmeadows

The property is in the suburb of Broadmeadows, within Melbourne's northern industrial sub-market. Located in the precinct to the North of Camp Road, south of Broadfield Road and bordering the Merlynston Creek to the west, the property is approximately 15 kilometres north of the Melbourne CBD.
6.28%
nett p.a.
|
12
months
The property is situated within the Mittagong industrial estate, located in the prestigious Southern Highlands, within the Wingecarribee Shire Council area. It is well located within 5 minutes from the town centre and 5 minutes to the Hume Motorway, the key arterial road connecting Sydney, Canberra and Melbourne.

Mittagong

The property is situated within the Mittagong industrial estate, located in the prestigious Southern Highlands, within the Wingecarribee Shire Council area. It is well located within 5 minutes from the town centre and 5 minutes to the Hume Motorway, the key arterial road connecting Sydney, Canberra and Melbourne.
6.08%
nett p.a.
|
8
months
Invest in Guaranteed Returns with BigFundr

Ready To Invest In Guaranteed Returns?

Discover how BigFundr can help you grow your wealth steadily and securely. Begin your journey towards higher returns with our guaranteed real estate-backed loans.