High Street ARMADALE

Blue Chip, Premium, Luxury, Quality - all words to describe the location, design and residences that will be Gateway Armadale.

$50,000
Min Invest
36
Months

80%

Expected Return
$4,565,000 raised of $5,000,000

Apply
* Note that this is a No Obligation Expression of interest, you get to review the Prospectus before making any decisions
** The information provided on this webpage is only a summary of the offer and may not contain all the information needed to determine if this offer is right for you. You should read the Prospectus in its entirety which can be downloaded in the Downloads section below as well as on the Project application page once you press the Interest button.**

Downloads



Reference Documents





EXPLAINER VIDEO


Project Summary


for whom

Summary


security_long

Security

Redeemable Preference Shares in Armadale Development Company LTD.


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Investor Distribution

Dividend Payment at Completion of Project.


Suburb Profile




929 High Street, Armadale, 3143, Australia



for whom

Marketability

Armadale is only 7kms south-east of the city, sitting between the equally prestigious suburbs of Toorak and Malvern. High Street is an undulating strip of cafes, boutiques, galleries and rug stores, while Glenferrie Road is a little more casual. Off the main roads you’ll find lush green residential streets and highly sought-after private schools.


Investment Profile


security

Security


Redeemable Preference Shares in Armadale Development Company LTD


expected returns

Expected Returns

80%

returns paid as

Return Paid As

Dividend

Taxation

Taxation


The dividend payment will be deemed as income to the investor, please consult your accountant or financial planner for advice on this.

Project Profile


proposer

Developer


UGC Projects


duration

Duration


36 Months


current_status

Current Status


In Planning





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How To Invest


To participate in this investment please download the prospectus and apply here.

BankCommonwealth Bank of Australia
Account Name
BSB 063-010
Account No
SWIFT Code
Reference[your name]

Apply
* Note that this is a No Obligation Expression of interest, you get to review the Prospectus before making any decisions

Project FAQs


Is the 80% rate annualized?

The 80% is for the duration of the project and is an absolute return. We expect the project to be completed in 36 months, equal to an annual compounding return or IRR of 21.5%

Who Owns the Property?

929 High Street Armadale Pty Ltd will be the legal owner of the land throughout the development and until property purchasers settle on the new properties at completion.

What happens if the project takes longer than 36 months?

The Development Team have put together a realistic timeline with a contingency for extra time allowed for. Should the project take longer to complete the return to investors is still 80% and the IRR will reduce according to the additional time.

Can I get my money back earlier or before the project completes?

We cannot offer you liquidity before the project completes. If you do want to sell your shares prior to completion and you find a buyer we will help facilitate the transfer of your shares.
We suggest you plan for the funds to be invested for the life of the project.

Are there any fees associated with the investment?

The 80% return is net of all costs, which means there are no fees for you to invest in the project.

EXAMPLE:
If you invest $100,000, your expected return would be $80,000 and you should be paid back $100,000 + $80,000 = $180,000 on completion of this project.
You may have to pay taxes to the ATO and we suggest you consult your accountant or financial planner to clarify your tax position.


More questions/comments/concerns? You can post them here