HIGHGATE HILL RESIDENCES Development Offer

highgatehills_pdsElevated five floor boutique apartment complex positioned on the cusp of the celebrated West End cafe precinct, the Highgate Hill Residential Development will offer executives, young couples, and downsizers vibrant lifestyle opportunities within an easy stroll of West End, Southbank and the CBD.
An elevated five floor boutique apartment complex offering a mix of two, three, and four bedroom apartments with views across to the City. Each apartment will have quality fittings and finishes and European appliances. Residents will be able to entertain in style by the pool complete with barbecue and media facilities. The apartments also have secure basement car parking.
Each apartment has been designed for the modern lifestyle by an awarding winning architect and the complex is perfectly located to enjoy all the River City has to offer.
Investors will also be attracted¬†by the property’s close positioning to multiple schools and universities, various boutique, dining, and shopping amenities which combine to present an immensely appealing and favoured residential location for renters.
We intend to stage the construction of the apartment complex and the sale of apartments over the estimated 24 month development period with the initial capital being used to fund the Property settlement, acquisition costs, Development Approval costs, Construction costs, fees and charges.
The Development Approval being sought for the development is a Code Assessable application with Brisbane City Council. This application is an “As of Right” approval to the land owner who is entitled to build 5 stories with no public notification. Urbis Town Planners have confirmed this in their development constraints advice and the advice was also confirmed by Brisbane City Council in a pre-lodgement meeting be held in late June 2015.

Available Downloads

Highgate Hill Investment Overview
Product Disclosure Statement – Part 1
Product Disclosure Statement – Part 2

Download PDS here

Name

Email

Phone

 Contact me asap. (optional)



Please leave this field empty.

Investment launched Aug-15
Open or closed to investment Open
Who can Invest Wholesale and Retail Investors
Objective of the Fund Property Investment
Capital Raise $8,400,000 + construction costs of $17,400,000
EVS Independent assessment $31,000,000
Min application amount $10,000 per investor. Application amounts in excess of this amount must be in increments of %5,000
Targeted Investor Return 15% per annum + 50% of Development profit
Investment Timeframe 24-30 months (expected completion Dec 2017) *1
Project Leverage 56% based on total assets
Auditor Merrotts Chartered Accountants
Custodian Australian Executor Trustees
Notes *1 Current estimate at time of publication, refer to PDS Part 1 for risks that may affect the project completion dates.