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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 12 Springfield Avenue and is in one of Melbourne’s most sort after suburbs Toorak, which is approximately 5.5 kilometres from Melbourne’s CBD and 650 metres south-east of the Toorak Village shopping centre. The Springfield Avenue development is also approximately 1 kilometre from both Toorak Road and Malvern Road retail precincts and is also close to local amenities including retail, recreational reserves, education institutions as well as extensive transport connectivity to the CBD.

The proposal for the site will consist of a three-level residential complex comprising 4 three-bedroom apartments with three bathroom accommodation and 1 four-bedroom penthouse apartment with four bathroom accommodation over a shared basement car park. These apartments will be relatively large compared to neighbouring developments ranging between 208.7m² and 305.2m² internally. The ground and first level apartments will include two basement car parking spaces, while the penthouse apartment will include three car parking spaces.

Toorak, VIC
12 Springfield 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 September 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.