** 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 Register button. This offer is open only to wholesale investors and any private investors who have previously expressed interest to learn more about the deal.
Project Summary
Summary
Smart Capital Property & Development Pty Ltd specialises in offering exclusive and boutique property projects.
Through our intensive due diligence and risk assessment, we have found a great project located at 27 Great
George Street, in the Blue Chip suburb of Paddington. We will re-develop the existing property into an
executive fusion style home with high-end finishes and fixtures.
This project will be built within 9 to 12 months and sold for a forecast AUD $2.9M.
This project has a target return of 20-25% to co-investors within 12 months
Security
Redeemable Preference Share with 2nd mortgage security.
Investor Distribution
Dividends.
Suburb Profile
27 Great George Street, Paddington, Brisbane, 4064, Australia
Marketability
Located only 2.5Km from the Brisbane CBD, Paddington is one of Brisbane's most popular sort after suburbs. A true Blue Chip suburb that offers a variety of traditional restaurants, eateries, coffee shops, parks and easy access to the Brisbane River. One of the best public transport hubs in Brisbane including the train, bus or ferry to reach any destination with effortless access to Sunshine and Gold Coast rail systems. There are plenty of public and private schools, such as Milton State School and only minutes from the University of Queensland. The development is located in close proximity to The Wesley Hospital, with neighbouring suburbs full of great recreation and entertainment, such as the Suncorp Stadium, Park Road Eateries, and to the Brisbane’s premier lifestyle and cultural destination South Bank.
Residents
Investment Profile
Type
Luxury Fusion style re-development, high-end finishes and fixtures and stunning city views. The project is located 2.3km to Brisbane CBD, close to Public and Private Schools, public transport hub, cafes, Hospitals and easy access to Brisbane River.
Security
Redeemable Preference Share with a 2nd mortgage security.
Expected Returns
20% - 25%
Return Paid As
Dividends
Taxation
Please see your tax adviser
Project Profile
Developer
Smart Capital Property & Development
Duration
9-12 Months
Current Status
Expressions of Interest
Rationale
To take advantage of a booming luxury housing market. A short investment horizon with a simple exit strategy to achieve the target outcome.
Risk
How To Invest
| Bank | Commonwealth |
| Account Name | Paddington 27 Capital |
| BSB | 064-121 |
| Account No | 1031 5231 |
| Reference | Padd27 (Investor Name) |