A Luxury Vaucluse Build Worthy of Investment
Investment Deal Summary
Suburb: Vaucluse, NSW
Asset Class: Construction
Property Value: $8.34 million
Stage of Completion: Structure stage
Estimated Completion Date: June 2023
Target Net Investor Return (Variable Rate): 8.59%
Managed Fund: Assetline Senior Debt Construction Fund No. 4 (ALCF4)
Within minutes’ walk from the water and less than 10km from Sydney CBD, this 641sqm duplex development in Vaucluse is surrounded by natural beauty and neighbouring some of the most covetable homes in Australia.
The aspect of the development which stood out to the team was the borrower’s wealth of similar experience – developing duplexes in the Sydney’s eastern suburbs, including a successful build of nine luxury boutique apartments in Rose Bay.
This potential coupled with AltX’s ability to work closely with the developer ensures the project will be delivered within budget and in a timely manner with 100% of all capital returned to investors. As a result, this deal has been included in the recently launched Assetline Senior Debt Construction Fund No. 4 (ALCF4) managed debt fund. ALCF4 offers diversified exposure to short duration 1st mortgage-backed construction loans with a 8.59% p.a. Target Net Investor Return (Variable Rate).
The residences of the duplex development are made up of four and five bedrooms respectively, with four bathrooms – making them attractive properties for investors or owner-occupied once completed.
With the finish line in sight and the build on track for completion by June 2023, the developer recently completed the ground floor suspended slab. AltX is well-positioned to manage the risk of the deal through to completion by working closely with the developer and keeping investors updated on progress.
If you want to learn more, please contact the AltX team on 1300 991 380 or email@example.com.
The AltX team scrutinise each construction debt project on their merits – from the project itself, the borrower behind the project and the selected builder. See what the journey of a construction debt project is like at AltX.
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At AltX, we saw the development’s potential immediately and knew our speed, expertise and experience in the Vaucluse area could help the borrower build something incredible.
Property’s investment qualities are as alluring as ever and justify its inclusion in any balanced portfolio designed to deliver competitive long-term returns.
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