Sea La Vie Capital Pty Ltd

7 Penthouse style luxury apartments with rooftop decks and 1 boutique cafe / restaurant commercial area.


Days Left


$100000

Min Invest

12-18

Months

30-35%

Expected Return
$0 raised of $2,500,000

Invest Now
* Note that this is a No Obligation Expression of interest, you get to review the Information Memorandum before making any decisions
** The information provided on this webpage is only a summary of the offer and may not contain all the information needed to determine if this offer is right for you. You should read the Information Memorandum in its entirety which can be downloaded in the Downloads section below as well as on the Project application page once you press the Invest Now button. This offer is open only to wholesale investors and any private investors who have previously expressed interest to learn more about the deal.

Downloads



Reference Documents





EXPLAINER VIDEO


Project Summary


for whom

Summary

Sea La Vie Capital Pty Ltd is very excited to offer you the opportunity to invest in the residential property market by purchasing redeemable preference shares of the company from as little as $100,000. Funds raised through this issue of shares will be invested in a mixed use residential development project in the coastal town of Kingscliff located in the Tweed Shire NSW, located about 57 km North of Byron Bay and about 14 km South of the Gold Coast International Airport. The project consists of a Three-storey building with basement carpark, 2 three bedroom, 3 four bedroom Luxury apartments, 2 four bedroom Penthouses and a 170m2 Commercial space suitable for a restaurant, positioned on absolute beachfront next to Salt Village and Resort.


security_long

Security

Redeemable Preference Share.


exit

Investor Distribution

On completion of construction of the luxury apartments, they will be sold on the market at the best available price. The SPV intends to use the receipts from the sale of the apartments to repay the loan and associated interest to the Company. Investors in this offer will receive a Preference dividend as defined in the below table on their investment amount at this time. The expected time for the completion for this project is 12-18 months. It is however possible that the project may finish sooner. It is also possible that weather and other delays may delay the completion of this project. In both scenarios investors Preference dividend return is fixed based on the amount they invest. The Company will pay any Dividends only out of proceeds received as interest from the loan made to the SPV (Development company explained further down). This loan payment can be done using the proceeds from the sale of the Apartments and the SPV may extend the project time frame until such sales are achieved.


Suburb Profile




65 - 67 Cylinders Drive, Kingscliff, 2487, Australia



for whom

Marketability

The apartments offer generous sizes with easy flow design connecting to outdoor living areas, whilst the top
floor penthouses have exclusive rooftop terraces with views overlooking Kingscliff beach. The restaurant /
café offers a high-end appeal, and with maximum exposure to an outdoor dining area, it will be the first of
its kind in the Seaside Estate.


Investment Profile


type

Type


Luxury Penthouse style Apartments - absolute beachfront.


security

Security


Redeemable Preference Shares with 2nd mortgage security.


expected returns

Expected Returns

Amount Invest Min Amount Invest Max Absolute Dividend payable
after project completion:
$100,000 to $999,999 = 30%
$1,000,000 to $2,500,000 = 35%

returns paid as

Return Paid As

Dividends

Taxation

Taxation


Please see your tax adviser

Project Profile


proposer

Developer


Smart Capital Property & Development


duration

Duration


12-18 Months


current_status

Current Status


Open for Investment






exit

How To Invest


BankCBA
Account Name
BSB 064 121
Account No
ReferenceKingscliff (Investor Name)

Invest Now
* Note that this is a No Obligation Expression of interest, you get to review the Information Memorandum before making any decisions