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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

Comprising of fifteen spacious residences across three floors, ‘Ensemble’ is located in the heart of Elwood, one of Melbourne’s most celebrated locales, just 7.5kms from Melbourne CBD and within close proximity to the services, facilities and amenities of Elwood Village.

This three-level development will demonstrate award-winning KUD Architects commitment to conscientious environmental design with premium two and three-bedroom apartments. Each apartment will include an external balcony offering the perfect view across the leafy treetops and tranquil surrounds.

With high quality joinery, each apartment will reflect sophisticated detailing and premium finishes. The kitchen will be fit with the finest Miele appliances and a striking marble finish will adorn the benchtops and splash back, instilling these spaces with a genuine wow factor. Each resident can enjoy open, light-filled living spacious, a generous courtyard or terrace, landscaped garden surrounds, a ground floor lobby and service lift to all levels, and access to a shared basement carpark.

This Syndicate-Loan has been established to repay existing Syndicate-Fund number 506 and to finance the development at 114 – 116 Tennyson Street, Elwood.

#564
Elwood, VIC
114-116 Tennyson 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 28 May 2020

11%
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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.