Project Name
Location
Morayfield, Brisbane, QLD
Targeted Overall Investment Return
13.8%* (net of all fees)
Status
Open
Project details
This 4.44 hectare site is ideally located in Morayfield in the northern suburbs of Brisbane. This site is part of CFMG Capital’s existing Arbourwood project incorporating a further 45 residential allotments. CFMG Capital have successfully completed two nearby residential developments in Morayfield via the Land & Opportunity Fund and this is a prime opportunity to benefit from existing market momentum and experience.
Key fundamentals:
- Less than 1km from Morayfield Shopping Centre (9 major retailers,160 specialties & 3,000+ carparks)
- Close proximity to major childcare facilities, local primary and secondary schools
- Less than 1km from Morayfield train station servicing Brisbane CBD every 10 mins in peak periods
- Easy and direct access to major arterial roads
- Within Moreton Bay Regional Council (MBRC) planning scheme where population growth outperforms both SEQ and Queensland as a whole
- Recently opened University of Sunshine Coast located within Moreton Bay region
- Local public & private hospitals provide over 250 beds for the region & employ ~300 healthcare professionals and service 20,000+ patients per annum
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*Please note, past performance is not a reliable indicator of future performance. Receipt of the anticipated return (or return of the invested capital) is dependent on the successful completion of the project as outlined in the SPDS and may not arise. Prospective investors should carefully consider the PDS and SPDS including the risks outlined in those documents before making any investment decision in connection with this investment. CFMG Equity and Income Funds Limited ARSN 602 610 006. AFSL 291 390. See our Target Market Determination at https://bit.ly/3acISlk