Development Finance Available

07 October 2013

Topaz Income Fund Series

The Wholesale Funds division is pleased to announce Topaz Income Fund Series 2 was successfully closed in September, having raised the necessary development finance for a residential land subdivision project in Melbourne’s south-east.

Topaz Income Fund Series 3, again a project specific fund, is now open for subscription. The Fund aims to provide complying Sophisticated Investors with returns in excess of 17% p.a. (net of fees) by providing Tier 2 subordinated finance to experienced developers keen to maximise their ROI.  This kind of project financing provides developers greater flexibility, allowing them to more efficiently deploy available capital over several projects instead of waiting for completion before commencing the next.

We welcome enquiry from developers seeking funding for new projects and from Sophisticated Investors seeking higher fixed interest for periods up to 24 months.

For all enquiries, please phone Dennis Wilkie direct on 03 9828 0519. 

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