New Wholesale Investment opportunity
Evergreen
16 Davilak Street, Como WA
Fixed projected return rate of 12% per annum over the 20-month development period.*
Are you interested in joining the funding team for a boutique project in one of Perthʼs most established and well-connected suburbs?
$300,000 is being raised under this offer. Available to eligible Wholesale Investors only.
Investment Manager
Fraxtor Australia
Project Manager
Griffin Projects Group
Investment Opening
Rate of Return (p.a)*
Capital Raise
Investment Structure
Loan Notes
Minimum Investment
$5,000
Investment Timeframe
20 months
Invest in Boutique Parkside Living in Como
Life at Evergreen, located at 16 Davilak Street in the suburb of Como in Western Australia, offers a seamless blend of parkside living and modern convenience. Positioned directly opposite the lush McDougall Park, Evergreen offers residents a peaceful retreat to unwind in nature, while still enjoying quick and easy access to Perthʼs vibrant city centre.
This boutique collection of 18 one, two and three-bedroom residences sets a new standard for apartment living. Designed with both lifestyle and functionality in mind, each residence features high-quality finishes, modern layouts and an abundance of natural light.
With easy access to public transportation and major highways, Como acts as a gateway to Perth city while also being home to its own excellent amenities, with shopping centres, cafes and fitness centres all within walking distance.
Offering Fixed Projected Return rate of 12% p.a.
This exclusive investment opportunity, delivered to you by Fraxtor Australia Pty Ltd through the Fraxtor Australia platform, provides exposure to this premium development project through a loan note structure.
- Provides exposure to this premium development project through a loan note structure.
- Fixed projected return rate of 12% per annum over the 20-month development period.
- Construction already underway and progressing well.
- Evergreen presents an attractive investment opportunity in the well-established suburb of Como, offering investors confidence in market stability and a project already underway.
$300,000 is being raised under this offer.
The offer
Issue of loan notes to raise up to a maximum of $300,000 from Wholesale Clients via the Fraxtor Australia platform. The money raised through the issue of loan notes will be subsequently on–lent via a debenture loan by Fraxtor Australia No 4 Pty Ltd (ACN 686 590 189) to the development entity that owns the project land and is carrying out the development.
The debenture loan is projected to pay a fixed interest rate of 14% p.a. for the expected 20–month term. This 2% residual buffer will likely be paid to Fraxtor Australia, the distributor, as a success fee in accordance with the IM.
The debenture loan is secured by way of second–ranking mortgage over the project land, via a security trust. Therefore it is expected that the debenture loan and in turn the loan notes, will be repaid prior to any distributions being made to unsecured lenders, equity stakeholders and project owners.