24.13%*
Ormeau QLD
*Equity Growth
Upon completion & sale
- High-density population location
- Positive market factors
- High visibility site
- Business population growth
- 18 - 24 months fund term
- $400,000 minimum investment
*Subject to confirmation in the Information Memorandum
24.13%*
Ormeau QLD
*Equity Growth
Upon completion & sale
*Subject to confirmation in the Information Memorandum
- High-density population location
- Positive market factors
- High visibility site
- Business population growth
- 18 - 24 months fund term
- $400,000 minimum investment
Natgen Development Trust OR23
Location
Ormeau Hills, Qld
Property Location
23-27 Tillyroen Road, Ormeau in the rapid growth corridor between Brisbane and the Gold Coast, adjacent to the M1 motorway.
$12,500,000
Completed Value
Development Project
Mini-warehouse storage facility comprising 24 strata-titled units ranging in size from 113m2 to 174m2, incorporating ground floor and mezzanine storage spaces with individual bathroom and kitchenette facilities, car-parking, security fencing and appropriate landscaping at the front and rear of the facility.
24.13%
Targeted Development Return
Short Term Development Trust
The trust term will have a targeted period of 18 – 24 months for the planning, design, construction and sales process.
The opportunity presented to Applicants by this Offer is to participate in the potential returns that can be derived from the Australian property development industry, through the construction and sale of a 24 unit warehouse-storage facility, located within the Gold Coast growth corridor.
Development Approval
The initial stage of the development project will be the application to Gold Coast City Council for a material change of use of the site, incorporating a rezoning of the site from Emerging Community to Mixed Use – Fringe Business zone, for the warehousing.
Strategy
There is a shortage of warehouse – storage units in the northern Gold Coast corridor, particularly south of Yatala. These units appeal to small business operators to storage of tools materials and supplies for the conduct of businesses such as service trades and small internet-based shops requiring fulfilment space.
Development Project
A mini-warehouse storage facility comprising 24 strata-titled units ranging in size from 113m2 to 174m2 , incorporating ground floor and mezzanine storage spaces with individual bathroom and kitchenette facilities, car-parking, security fencing and appropriate landscaping at the front and rear of the facility.
Investment Security
Unitholders will have a direct ownership interest in the Site and the Development Project. The Trust is a managed investment scheme regulated by ASIC in accordance with the investment provisions of the Corporations Act 2001.
Alignment of Interests
The Trusts constitution is drafted to align the interests of Unitholders and the Trustee and the objectives of the Development Manager, with fees payable to the Development Manager being predominantly performanced-based.
Location Metrics
- Ormeau Hills, Gold Coast, Australia
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