Warwick, QLD

Vacant Allotment

REF ID: inv-0114

0% RAISED
$342,000 AVAILABLE
Investment Details:
Target Return:
10% p.a
LVR:
60%
Expiry Date:
Nov-2024
Loan Amount:
$342,000
Available Loan Amount:
$342,000
Investment Overview:

The security property comprises a slightly irregularly shaped, undulating vacant allotment with a total land area of 1.377 hectares. 

The property is zoned "Low-Density Residential" by virtue of the Southern Downs Planning Scheme. The land formerly benefitted from a development approval (now lapsed) for Material Change of Use for Commercial Use as childcare centre and retail facilities. 

The Borrower has advised they intend to submit a new development application to develop the land on a similar basis to the now-lapsed approvals.

The subject property is located at Warwick, a regional centre with a population of c. 15,000 located c. 130 radial kilometres to the southwest of Brisbane. Other notable landmarks within close proximity are:

    • Warwick Town Centre c. 3 kilometers
    • Rose City Shopping World

Full details, unique to each investment, are provided to Investors in a Supplementary PDS. These detailed Supplementary PDS's are only available to Investors in Credit Connect Group. You can start building your own first mortgage investment portfolio now by investing in an individual loan with Credit Connect Group.

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