Highbury Road Townhouse Development

The Company is seeking to raise up to $250,000 by offering investors the opportunity to purchase Redeemable Preference Shares in the Company under the offer.


Days Left


$5,000

Min Invest

18

Months

18%

Expected Return
$10,000 raised of $250,000

Invest Now
* 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 Invest Now button.

Downloads





EXPLAINER VIDEO


Project Summary


for whom

Summary

Pentagon Capital present development project ‘Niche’ at 246-248-250 Highbury Rd, Mount Waverley, Victoria - 3149. Total Land Area is 2311 Sqm* with frontage of 51 m*. The site lies in the prestigious Mount Waverley School Zone which also includes Essex Heights Primary School, Mount Waverley Secondary College, Mount Waverley Primary School, Mount Waverley North Primary School and Huntingtower School.

Niche is a Development project consist of 9 townhouses which consist of rare opportunity to experience a consummate blend of contemporary living with an abundance of lifestyle amenity. Land was purchased for $4,151,151. The Land currently comprises an older dwelling which will be demolished.

The property is zoned General Residential Zone (GRZ2) under the City of Monash Planning Scheme.


security_long

Security

Investors are paid out their full return before Developer gets any shares of profits.


exit

Investor Distribution

18% on invested amount paid at the end of 18 months or project completion, whichever is later.


Suburb Profile




246 - 248 - 250 Highbury Road, Mount Waverley, 3149, Australia




residents

Residents

Mount Waverley is a suburb in the Monash Region of Victoria. Mount Waverley has a population of 33,610 people and 20.76% of its occupants live in rental accommodation. The median listing price for houses is $1,350,000 and this has changed 34.32% over the past year and changed -4.29% over 2 years.

The median rent in Mount Waverley for houses is $490 per week and the median rental yield is 1.88%. Stock on the market for houses/townhouses has changed 4.55% compared to last year and the average time to sell a house/townhouse is 101 days. The median listing price for units is $750,000 and this has changed 15.38% over the past year.

The average unit takes 125 days to sell and the median rent for a unit in Mount Waverley is $420 per week, producing a rental yield of 2.91%.

Investment Profile


type

Type


Redeemable Preference Shares.


expected returns

Expected Returns

18% fixed on invested amount over 18 months.

returns paid as

Return Paid As

Investors get paid before Developer gets paid.

Taxation

Taxation


Likely to be treated similar to Redeemable Preferred Shares, which means you pay your own tax. But this will be confirmed later.

Project Profile



duration

Duration


18 Months


current_status

Current Status


Developer has contract in place to acquire land, plans for subdivision are on final stage with Monash Council.

rationale

Rationale


The site is located at 246-250 Highbury Road, Mount Waverley which is an upmarket Melbourne suburb to the south east of the CBD.

The site is well within the prestigious Primary and Secondary College which ranks as one of the top public colleges in Victoria and surrounding properties have been known to achieve a significant premium among overseas investors due to its desirable school zone location. The site is close to all public transportation and is surrounded by various parks with all services connected.

risk

Risk


Every Investment has associated with Risk and Rewards.

GENERAL ECONOMIC CONDITIONS
The Company’s operating and financial performance is influenced by a variety of general economic and business
conditions including the level of inflation, interest rates and government fiscal, monetary and regulatory policies.
Prolonged deterioration in general economic conditions, including an increase in interest rates, could be expected to
have a corresponding adverse impact on the Company’s operating and financial performance.

ACCOUNTING STANDARDS
Australian accounting standards are set by the Australian Accounting Standards Board (AASB) and are outside the
Directors’ and Company’s control. Changes to accounting standards issued by AASB could materially adversely affect
the financial performance and position reported in the Company’s financial statements.

GOVERNMENT POLICY
The financial performance of the Company may be impacted by change to or changes in interpretation in respect of
income tax legislation, GST legislation, stamp duty laws and local government regulations and by-laws related to
lending and property developments. Changes in, or the introduction of, any law, regulation or policy affecting the
Company’s business or the Development (which may or may not have a retrospective effect) may have a material
adverse impact on the Company’s performance.

TAXATION RISKS
A change to the current taxation regime in Australia or overseas may affect the Company and its Shareholders.
Personal tax liabilities are the responsibility of each investor. The Company is not responsible either for taxation or penalties incurred by investors.





exit

How To Invest


1.Please click on the Invest now button below Summary page. It will take you to online application form
2. Download Prospectus and review the Prospectus
3. Enter the decided amount and follow the steps to complete form
4. Make a Bank transfer as per below.

BankNational Australia Bank
Account Name
BSB 083237
Account No
ReferenceInvestor Name

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

Project FAQs


What happens if the funding goals are not met?

All monies raised will be returned to investors without any deductions

What happens if plans dont get approved or dont come in within a certain period of time delaying the project substantially?

All monies raised will be returned to investors without any deductions or fees

Are investors taking on the project debt?

No, the debt is the responsibility of the Developer only. You as an investor have no more liability beyond your investment capital.

Is the 18% rate annualized?

The 18% is for the duration of the project and is an absolute return. We expect the project to be completed in 18 months.

How will I be updated about the projects progress?

We will send you regular updates via email, including photos and videos.

Will I be able to participate in the Development actively?

No, your role is of a silent investor. While you can pose questions and concerns about the projects progress, you will not be playing a role in the management of the project.

Where can I see the feasibility of the project?

The feasibility and all the numbers are detailed in the PDS/Offer Document which can be accessed by expressing interest in the project using the blue button at the top of this page.


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



Moresh Kokane . 6 months ago

checking if this works

    Reply