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Property Details

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Fixed interest rates ranging from

7.25% - 9.00% p.a.

Short term investments ranging from

1 to 24 months

Reinvest your earnings or have the

interest paid monthly

Property information

The property at 20-24 Llandaff Street is situated in the eastern suburb of Bondi Junction, located six kilometres east of the Sydney central business district. Bondi Junction is an established retail, commercial and residential precinct making it Sydney’s fifth largest business district and features high-density residential developments close to the commercial centre.

The property is within close proximity to all necessary amenities including retail, education, child care, public transport, sporting amenities and parks. The Bondi Junction Transport Interchange is within 600 metres providing regular train and bus services to the CBD and surrounding suburbs. Westfield Bondi Junction is 300 metres away with Bondi Beach and Centennial Park approximately 3.5 kilometres away. Nearby schools include Holy Cross Catholic Primary School, St Charles’ Primary School, Waverley Public School, Bellevue Hill Public School and Montessori East Primary & Pre School to name a few.

Over the last few years there has been several high-rise mixed used buildings development within the Town Centre. The increased desirability of Bondi Junction as a development market is the difficulty of securing sites.

The proposed development of twenty-six residential apartments comprise of 18 x one bedroom and 8 x two bedrooms + study apartments above a two level basement carpark on the site. It will have a communal roof terrace.

There are no pre-sales on the development as the Borrower intends to build and hold the development for rental income.

#528
Bondi Junction, NSW
20-24 Llandaff Street
Investment details
  • Interest rate(p.a.)
  • Loan to value ratio (max.)
  • Loan start date
  • Expected completion date
  • Initial debt coverage ratio
  • Updated debt coverage ratio
  • Undrawn loan amount

Estimated development progress as at 21 August 2019

41%
Enquiries

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Important Information

The interests in the Australian Unity Select Income Fund ARSN 091 886 789 are issued by Australian Unity Funds Management Limited ABN 60 071 497 115, AFS Licence No. 234454. Information provided here is general information only and current at the time of publication and does not take into account your objectives, financial situation or needs. In deciding whether to acquire, hold or dispose of the product you should obtain a copy of the Product Disclosure Statement (PDS) and seek professional financial and taxation advice. This information is intended for recipients in Australia only. Past performance is not a reliable indicator of future performance.

Interest rates, Loan to Value Ratios (LVRs) and investment terms are subject to a number of assumptions and risk that are detailed in the PDS and SPDS. Interest rates quoted are not guaranteed.