ADVANTA FITZROY TRUST
Applications Open
The Advanta Fitzroy Trust is a boutique residential apartment development in Fitzroy. Located only 2km from Melbourne’s CBD, Fitzroy is a thriving cultural suburb with significant galleries, boutique shops, music venues and cafes at the doorstep.
Forecast IRR: 21.0% p.a. capitalised to maturity
Structure: 2,000,000 Class PE units
Forecast Interest/Capital Return Date: August 2018
ADVANTA STELLER 2426 LTD
Applications Closed
Advanta Steller 2426 Ltd is an apartment building development comprising 28 apartments over 4 levels plus basement car parking for 41 cars in Bentleigh. The project land is located close to public transport, schools and parks and recreation (including the sand belt golf courses), and a short trip to the Brighton beaches.
The investment was offered in two layers.
1st layer
Purpose: To enable the developer to complete the acquisition of the property and undertake preliminary work for the development of the Project.
Forecast IRR: In excess of 21.0% p.a.
Structure: 1,600,000 Class A shares
Forecast Interest/Capital Return Date: October 2016
2nd layer
Purpose: To enable the developer to complete construction on the Project, having secured planning permits from the council and finalised designs.
Forecast IRR: 14.0% p.a.
Structure: 1,700,00 Class 3 shares with preference dividend rights
Forecast Interest/Capital Return Date: October 2016
Additional investments in contributory mortgage funds are also available for wholesale investors through our associate, Secura Funds.
