Residential Fund 1
Our funds provide access to three distinct markets, enabling the three projects to be developed and sold concurrently without competing against each other. Our team have hand-picked these underlying projects to work in unison and believe we’ve included sufficient contingency to enable total returns to be delivered to investors on target. Specific risks may impact on the possibility of such a return in the future.
Grassdale Estate
Grassdale Road, Sale
- Forms part of the North Sale Development Plan
- Original Grassdale Homestead – offered for the first time in 150 years
- 550 lots identified as part of the Development Plan Land Budget
- Direct access from Maffra-Sale Road
- Rezoning application underway – to be lodged within 6 months
- Land settlement period: 12 months
- Design of Department of Transport intersection to commence immediately
- Farm parcel to be marketed for sale at conclusion of the project
- Civils to start after permits issued
- Market take up to determine number of stages
Mondale Estate
Rosedale-Logford Road, Rosedale
- Forms part of the Rosedale Structure Plan
- 350 lots consistent with the Rosedale East Development Plan
- Direct access from Rosedale-Longford Road
- Rezoning application underway – to be lodged within 12 months
- Land settlement period: 24 months
- Design of Department of Transport intersection to commence immediately
- Civils to start after permits issued
- Market take up to determine number of stages
Monash Views
Coach Road, Newborough
- Existing high-profile estate and considered a premium offering within the region.
- Direct access to golf course and surrounding sporting precinct inc. the wider Lake Narracan area
- Permits already in place
- Stages 1 - 6 completed (118 lots)
- Stage 7 civils commenced (82 lots)
- Stages 8 - 10 civils to commence in Q2 2024
- Lots to go on market after titling
