Investment opportunity in a 314 lot residential subdivision in Toowoomba QLD
Capital raised from Investors will be used to:
- Purchase the Property; and
- Assist with costs of completing the initial civil works of the Development.
Balance of capital required to complete the Development will be from short term funding provided by the Development Income Fund.
The revenue to the Fund and this Class of Units will be from the net sale proceeds (less GST and selling costs) of the 314 completed residential lots and after redemption of any Preference Shares issued to the Development Income Fund by Glenvale Devine Road Development Pty Ltd, the Special Purpose Vehicle (SPV) established for this Development.
Visit SMSF Property Capital’s website for more information www.smsfproperty.net.au