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Property Details

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Fixed interest rates from

5.25% p.a.

Short term investments ranging from

1 to 24 months

Reinvest your earnings or have the

interest paid monthly

Property information

Located 17 kilometres South West of the Sydney CBD, this apartment development is conveniently located near to Bankstown Centro, Punchbowls local shopping district, and walking distance to Punchbowl railway. Proximity to the M5 Motorway also provides easy access to Hurstville, Sydney Airport and the Sydney CBD.

The Astoria will offer modern, well appointed two-bedroom apartments, fitted out with designer bathrooms, contemporary kitchens and ducted air conditioning. Each apartment includes secured parking and access to attractive common spaces and breakout areas, including landscaped terraces plus a rooftop herb and vegetable garden with barbeque facilities and district views.

Ten presales out of the 38 units have been achieved to date. As settlement for the presales occur, a precondition of the loan requires that at least 90% of the valuation amount per unit, for the first five units is repaid and thereafter, at least 75% of the valuation amount per unit from the remaining five settlements.

Punchbowl, NSW
1562-1568 Canterbury Road
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 22 October 2019


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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.