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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

Coorparoo is close to the centre of Brisbane - approximately 4 kms south-east of the Brisbane CBD providing an easy commute, and is generally characterised by a mix of established single dwellings and modern multi-unit residential complexes along tree-lined streets.

At the heart of the suburb is Coorparoo Square, offering shopping, dining and entertainment with a supermarket, speciality retailers and a 10-screen cinema. The suburb is well-served by public transport, with tram routes to the centre of Brisbane, an overground train station and development underway for a bus station. It also offers a number of public and private schools with six major schools in the area – both primary and secondary – as well as several child care centres.

This development will consist of a two-level residential complex, comprising 8 two-bedroom apartments with car parking and one three-level townhouse with a double garage.

This Syndicate-Fund will refinance an existing land debt facility and finance the new residential development. Full details are available on request in the Supplementary Product Disclosure Statement (SPDS).

#558
Coorparoo, QLD
66 Kirkland Avenue
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 02 July 2020

10%
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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.