Paddington 27

Luxury Extension & Redevelopment
 

P: 0412 219 284



$0
Min Invest
9-12
Months

NA%

Target Return
$1,100,000 raised of $1,000,000

Funding Closed
* Note that this is a No Obligation Expression of interest, you get to review the NA 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 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.

Downloads





EXPLAINER VIDEO


Project Summary


for whom

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

Project Milestone Updates:
Contract settlement
Building Approval
Commencement on site
House raise
Pool shell
Base
Frame
Lock-up
Fix-out
Landscaping
Final inspection
Sales video


security_long

Security

Redeemable Preference Share with 2nd mortgage security.


exit

Investor Distribution

Dividends.


Suburb Profile




27 Great George Street, Paddington, Brisbane, 4064, Australia



for whom

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

Residents

Investment Profile


type

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

Security


Redeemable Preference Share with a 2nd mortgage security.


expected returns

Expected Returns

20% - 25%

returns paid as

Return Paid As

Dividends

Taxation

Taxation


Please see your tax adviser

Project Profile


proposer

Developer


Smart Capital Property & Development


duration

Duration


9-12 Months


current_status

Current Status


Expressions of Interest

rationale

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

Risk






exit

How To Invest


BankCommonwealth
Account Name
BSB 064-121
Account No
SWIFT Code
ReferencePadd27 (Investor Name)

Funding Closed
* Note that this is a No Obligation Expression of interest, you get to review the NA before making any decisions

Project FAQs



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