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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 proposed development is located at 9-11 Weyland Street, Punchbowl, NSW, in the residential suburb of Punchbowl, approximately 15 kilometres south-west of Sydney’s central business district (CBD).

The planned development is just under two kilometres from Punchbowl Railway Station, which is located on the Bankstown train line, providing transport links to the Sydney CBD. Less than 500 metres from the Railway station is The Broadway Plaza, a two level shopping centre containing retail stores including Woolworths and Chemist Warehouse. Additionally, Bankstown Central Shopping Centre, in the neighbouring suburb of Bankstown, is 2.5 kilometres from the development location and boasts over 240 speciality stores set over three floors, with more than 3,000 parking bays.

Punchbowl is also home to several educational institutions, including Punchbowl Boys High School, Punchbowl Public School, Saint Charbel’s College and Saint Jeromes Catholic Primary School.

The proposed development will feature a six storey mixed use complex comprising 39 residential apartments and one commercial suite above a two level basement. The residential accommodation comprises 10 x Studio, 12 x one bedroom, 4 x one bedroom + study, and 13 x two bedroom units. This is a build and hold development with the Client proposing to retain all units.

#543
Punchbowl, NSW
9-11 Weyland St
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 19 June 2020

37%
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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.

Illustrative Information only: Case study figures are based on internal calculations over a projected period of time and are not necessarily a projection of future performance. Any examples or information provided in the case studies are for illustrative purposes and investors should therefore place no reliance on this content when making any decision to invest. The case studies do not represent a recommendation or Australian Unity’s view on future events, and in no way bind Australian Unity or its related entities.