Bribie Lifestyle Village Investor Trust
Investment Status: Fund Closed, Fully Subscribed
Fund Type: Development Finance Facility
Asset Class: Independent Retirement Living
Underlying Asset: Solana Lifestyle Resort, Bribie Island
Location: Bribie Island, QLD
Capital Raising: $13,000,000 maximum
Targeted Investment Performance
Income: 15% p.a. (simple interest) at the end of stages 1 - 4 (anticipated to be years 1 - 4)
Capital Return: 50% at the end of stage 2 and 50% at the end of stage 4 (anticipated to be years 2 and 4 respectively)
Investment Term: 2 - 4 years
Key Project Attributes
- Sea change location 69km north of the Brisbane CBD.
- Adjoins Bus Terminus, Shopping Center and short distance to High Street and Beaches.
- Targeted at 50 plus age group seeking downsizing and lifestyle community and affordable housing.
- DA Lodged and approved
- Site works have commenced