Equity Raising – Freshwater Village Development

cpc-logo  8th June 2017

An exclusive opportunity exists to become an equity investor in a boutique development project to be undertaken by one of Sydney’s most experienced and respected developers.

Located in Freshwater Village a Northern Beaches district suburb located approximately 15km North-East of the Sydney CBD bordering the suburbs of Manly to the South and Curl-Curl to the North.

The district enjoys high popularity due to its natural beauty and has remained a tightly held enclave. It is a keenly sought-after address. 

Established in 1979 the group is a leading property group which has won a reputation for delivering exceptional, contemporary apartments in Sydney over the last four decades.

KEY INVESTOR INFORMATION

  • Total Raising $13m (raised to date $10m)
  • Forecast returns 1.5x
  • Net equity IRR 19.4%
  • Mixed use development of 26 apartments with 2 retail shops 
  • Gross Revenue approx $45m
  • Investors receive a preferred return of 8% pa + profit share
  • Anticipated distribution early 2020 

WHO CAN INVEST?

  • An investment of $500,000 or more by any Australian resident or non-resident.
  • Any business that is not considered a small business (less than 20 people)
  • Professional & sophisticated investors
  • An Australian financial services licensee
  • A body regulated by APRA include banks, building societies, credit unions, and life and general insurers.
  • A trustee of a superannuation fund
  • An approved deposit fund,
  • A pooled superannuation scheme
  • A listed entity, or a related body corporate of a listed entity.

DEVELOPMENT TIMELINE (all dates indicative only & subject to change)

Settlement of Property Acquisition  June 2017 
Lodge Development Application  September 2017 
Development Application Approved  March 2018 
Marketing Commences  April 2018 
Presales Campaign  April 2018 – September 2018 
Builder Tendering  June 2018 – August 2018 
Construction  September 2018 – November 2019 
Settlements Commence  January 2020 
Capital and Surplus Return  January 2020 – February 2020

 

 

 

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To obtain the Information Memorandum (IM) for this investment please contact dlovato@crowdpropertycapital.com.au  or ph. 0434 932 634. Investors should consult with their advisors and consider the risks outlined within the IM before making an investment decision.

 

 

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