PROPERTY FUND
Overview
The NGU Property Fund is raising up to $20 million to provide debt funding to assist the NGU Property Group undertake buildto-sell residential property development projects focused in South East Queensland. The Fund aims to provide investors with monthly income returns by providing funding for 8–12 boutique residential development projects over a 2-year deployment period (Projects).
Strategy
Each Project site will be custom designed to its highest and best use.
Properties will be sold post-completion and with the possible option of off-the-plan sales if there is demand and feasible. This strategy allows maximum flexibility, premium product delivery, and risk mitigation in market-sensitive environments
- Mix of high-end single dwellings and multi-dwelling projects
- All developments will be fully custom per site and turnkey delivered
- In-house team to manage site selection, DA approvals, design documentation and planning (in conjunction with expert consultants)
Target Site Criteria
- Zoned for low to medium-density residential
- 600–2,000sqm, clear access/frontage
- Priced at or below median per sqm in target suburbs
- Strong resale comparable and high owner-occupier demand
Sites will include a mix of vacant land and existing homes suitable for demolition and redevelopment. All acquisitions will be subject to detailed planning and financial due diligence.
Geographic Focus
South East Queensland (Brisbane & Gold Coast), specifically:
- Blue-chip inner suburbs and gentrifying middle-ring areas
- Locations with proven resale value and planning permissibility
Development Model
Each Project will follow the same core model:
- Site acquisition (existing house or vacant land)
- DA and planning approvals (managed in-house)
- Design & tender with partner builders
- Construction commencement and oversight
- Final sales marketed by NGU Real Estate