For Wholesale Investors Only
A fund for investors who are seeking a consistent quarterly income stream.
The investment objective of the ALC Munn Street Barangaroo Property Fund (Munn St Fund) is to generate income returns for investors by making a loan to the Borrower. The Loan will be secured by a first ranking registered mortgage over the leasehold of the Investment Property.
Wholesale Investors Only as defined under the Corporations Act 2001 (Cth) | |
Investment Manager: | ALC Property Funds Management Pty Ltd |
Trustee: | AL Capital Holding Pty Ltd |
Target Return | 9% p.a. net of all fees and charges |
Distribution Frequency | Quarterly in arrears |
Initial Financial Close | 15 August 2024 |
Investment term | 24 months from the initial financial close under the Loan. |
Investment Property | 1-3 Munn St, Barangaroo NSW 2000 |
Valuation | A$33,500,000 GST exclusive (as of 8 March 2024) |
LVR | no more than 60% |
Facility Limit | up to A$20.1 million |
Minimum investment | A$250,000, or any other amount determined by the Trustee. |
For full details please request the IM
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Please contact us for the latest fund update, information memorandum and other documentation.
AL Capital Holding Pty Ltd (“AL Capital”) (ABN9 613 750 682), AFSL 523648, is the Trustee for the ALC Munn Street Barangaroo Property Fund (“the Fund”).
The Investment Manager for the Fund is ALC Property Funds Management Pty Ltd. This publication has been prepared by AL Capital to provide you with general information only. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any particular person. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. Neither AL Capital, nor any of its related parties, their employees or directors, provide and warranty of accuracy or reliability in relation to such information or accepts any liability to any person who relies on it. Past performance should not be taken as an indicator of future performance. You should obtain a copy of the Information Memorandum before making a decision about whether to invest in this product.
ALC Market Neutral Australian Equities Fund is only available to Wholesale Clients as defined under the Corporations Act 2001 (Cth).