Open for Investment: 100 Dorsal Drive
HoldenCAPITAL Partners is pleased to present you with our latest Select Loan Investment, 100 Dorsal Drive, which is now open for investment.
Open for investment
HoldenCAPITAL Partners is pleased to present you with our latest Select Loan Investment, 100 Dorsal Drive, which is now open for investment. 100 Dorsal Drive has passed 60% subscription with just $2.5m available for subscription.
The 100 Dorsal Drive development represents an opportunity to lend to an experienced developer, constructing a well located and conceived project with an attractive risk return profile.
Key investment details:
9.28%pa^ projected IRR for investors;
First Mortgage secured loan (progressively drawn);
Low gearing, comprising;
Loan to Value Ratio (Excl GST) – equal or less than 47.1% including capitalised fees and interest;
Loan to Cost Ratio (Excl GST) - equal or less than 58.9% including capitalised fees and interest;
11 month loan term;
The loan purpose is to complete construction of “100 Dorsal Drive”, comprising eighteen (18) terrace homes split between two-level, three-level and four-level terrace homes;
The Property is located in the prestigious Aquatic Paradise canal estate at Birkdale. Birkdale is located 25km south-east of Brisbane's CBD.
Please email email@example.com to confirm your intended investment amount. Once I have confirmed your allocation to you via return email, please send me your completed Selection Form and note that funds will need to be transferred to our solicitor's trust account by Tuesday 9 April in advance of settlement on Wednesday 10 April.
Loan Facility Type
First Mortgage Loan
Estimated Net Return
9.28% per annum projected investor IRR
Targeted Financial Close
Wednesday April 10th, 2019
Forms & Funds Required By
Tuesday April 9th, 2019
Downloads & Forms
If you have any questions, please contact:
Head of Investments
0432 470 498