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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

The proposed development is located at 1532 -1536 High Street, Glen Iris in Victoria which is located 10 kilometres south-east from Melbourne’s CBD. The Accolade development is also in close proximity to retail amenities, public transport, schools and recreational facilities. Recreational and sporting facilities include the Harold Holt Swim Centre, a BMX track at Hill 'n' Dale Park and a number of reserves and ovals, including Hartwell Sports Ground, Ferndale Park and T.H. King Oval.

The proposal for the site will consist of a four-level residential complex comprising 22 apartments to be constructed over four levels with a shared two-level basement car park. The proposed apartments will be similar in size or larger when compared to neighbouring developments, ranging between 109m² and 197m² of living area, Four of the apartments will include 2 bedroom accommodation while seventeen will provide 3 bedroom accommodation and one will include 4 bedrooms. All of the four 2 bedroom apartments also includes their own balconies.

Glen Iris, VIC
1532-1534 ;amp; 1536 High 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 31 August 2021


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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.