SunLife Hervey Bay

Transaction Summary

Company Overview

Partner with a leading experienced property developer to purchase and develop the 1.4 ha site, 637 Charlton Esplanade, Hervey Bay for 130+ apartments. Purchase contract for $4 million – $2.5 million capital and $2 million bank borrowings. Preferential return of capital and interest.

The Fraser Coast is one of the fastest-growing areas in Australia.

Hervey Bay is one of the fastest retirement growth areas.

Over 50’s and retirement communities are one of the fastest growing housing development markets.

SunLife Australia specialises in over 50/55’s independent living freehold luxury developments.

Transaction Overview

Short or long-term opportunities available for a Premium Return

Current Requirement:

A$2.5M Land Settlement

Sole or Syndicate Investment

Minimum A$100,000 Investment

30% pa fixed return + 25% profit share