Investment Overview:

First mortgage funding in the sum of $816,750 is required to assist with the purchase of a development site in Subiaco, WA.

The security property comprises a vacant parcel of land, with an approved Development Application (DA) for a 6-level, multi-use building, which includes 14 multiple dwellings and one ground-floor commercial tenancy. The site has a total area of 304m2. The property is zoned Centre & R-AC0 under the City of Subiaco Planning Scheme No. 5.

The DA (as determined by the Metro Inner North Joint Development Assessment Panel) for a mixed-use development of six storey, 14 multiple dwellings and one ground floor commercial tenancy was approved, with 26 general conditions and 8 advice notes on 6 July 2021 and is valid for 6 years from this date.

The approved development includes four levels of two-bedroom and one-bathroom apartments. The fifth floor has two, three-bedroom, two-bathroom apartments. The sixth floor features a communal open space with an integrated BBQ and lounge space. The ground floor has a 51m2 commercial tenancy and the entrance lobby to the residential units.

The security property is located in the established inner-city suburb of Subiaco, which is 4km west of the Perth CBD. 

Other local landmarks include:​

• • Perth Airport 22.5km 
• • Perth Convention and Exhibition Centre 4.2km
• • St John of God Subiaco Hospital 1.4km
• • Subiaco Station 800m

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You can begin building your first mortgage investment portfolio today by investing in a first mortgage investment loan with Credit Connect Group (CCG). CCG is not responsible for the accuracy of information or images related to investments on our website.  Complete and final information on each specific investment opportunity is presented to our Investors via a Supplementary Information Memorandum (SIM). The detailed SIM is exclusively available to Investors registered with CCG.  To register and receive a copy of the SIM, please contact us via the enquiry form below, email us on [email protected] or phone 1300 795 507 to speak with our investment team.