Stockwell have launched the Virtuoso Investment Fund which Established to raise up to $17.3 million from wholesale/sophisticated investors and pay a cash return of 15%p.a.

The Trust will provide Stockwell a finance facility for the development and construction of the owner-occupier targeted Virtuoso riverfront apartments in Brisbane’s West End.

A few of the key features of the Trust include:

• Cash returns of 15% per annum (simple interest) over the investment term;
• Short investment term of 24 - 36 months from the initial drawdown;
• No fees payable by investors;
• Mortgage and company guarantee securities provided;
• Owner-occupier target market;
• Inner city riverfront location of West End;
• Construction has commenced;
• Stockwell related entities will also provide equity to the project, aligning the interests of both investor and developer; and
• Invest alongside Stockwell, an experienced property developer with a proven track record of delivering successful residential projects in West End.