THE DEVELOPER
Homecorp Property Group, based in Australia, has established itself as a reliable and prosperous leader in the field of residential urban property development and master-planned communities. The company was founded in 2004 by CEO Ron Bakir, who was awarded the Gold Coast Young Entrepreneur of the Year in 2013. Since its inception, Homecorp has grown significantly, developing, selling, and completing 18 major residential housing projects and grossing more than $1.5 billion in sales.
Homecorp’s approach to business is driven by solid research, strategic intent, and a commitment to their clients’ long-term return on investment. They target areas of major infrastructure growth that lead to job opportunities, population growth, and increased housing demand, a strategy they refer to as The Golden Cycle.
The company has also demonstrated its adaptability and resilience in the face of global economic challenges. For example, during the Global Financial Crisis, the company managed to thrive by diversifying its portfolio and expanding into regional areas of Queensland, Australia. The company’s commitment to diversification is ongoing. They have recently partnered with Morgan Stanley to build a $200 million build-to-rent precinct on the Gold Coast, marking a significant step into an emerging sector of the property market.
THE Project Details
This project involves the construction of pre-sold dwellings at Box Drive, Cotswold Hills, Queensland, situated in Toowoomba – one of Australia’s most family-friendly cities with steady economic and population growth and significant investment in local infrastructure.
OIM2 Pty Ltd has successfully acquired and settled the property, with Homecorp Property Group serving as Development Manager and Homecorp Constructions Pty Ltd as home builder. All homes to be built have been secured by investors in the Home Futures HFC unit class through First Right of Refusal agreements, with contracts progressing toward settlement. Civil construction is well advanced across all three stages, with Stage 5 titles already registered and settlement processes underway.
THE OFFER
The Property – Lots 1-17, 58-70 & 900 on SP354200,
Box Drive, Cotswold Hills, QLD, 4350
Target Return – 8% per annum. Paid monthly in arrears by the 14th of each month
The SPV – OIM2 Pty Ltd
Unit Class – OIM002-OFCs
Project – Pre-Sold Home Construction
Term – Anticipated duration of 8 months from investment date
Minimum Investment – $20,000
Tranche – OIM002-OFCs/TR08T08OF
THE BUILDER
Homecorp Constructions, the second-largest home builder in Queensland, ensures that an investment in a development they’re involved with is an investment in robust growth and future-proof infrastructure. Exhibiting an impressive 54% year-on-year growth, Homecorp is a testament to the power of exceptional quality, innovative building solutions, and superior customer service.
Homecorp’s commitment to the future is represented by their strategic partnership with Prime Life Technologies, a joint venture between Toyota and Panasonic. This alliance focuses on the development of smart communities, placing any Homecorp Constructions-led development at the cutting edge of this expanding sector.
Engaging in a Homecorp development means investing in transparency, quality and innovation. Their Fixed Price Promise showcases their commitment to sound business practices, while their sourcing of high-quality materials from reputable suppliers demonstrates an unwavering commitment to quality. In a development built by Homecorp, these elements combine to create a sustainable, future-oriented investment opportunity.
Application and Approval Process
After selecting your preferred unit class, you will submit a formal Application through the platform.
This Application will be reviewed by Diversified Investments Company Limited, which will conduct appropriate assessment procedures to ensure compliance with regulatory requirements and suitability for the investment opportunity.
IMPORTANT: To the extent that any statement on this platform constitutes financial product advice, that advice is general advice only and has been prepared without considering your objectives, financial situation or needs. You should, before deciding to submit an Allocation Request or subsequent Application for the Property Futures PDS investment opportunity, consider the appropriateness of the investment having regard to your objectives, financial situation and needs, and obtain and consider the relevant Product Disclosure Statement.
When considering whether to submit an Allocation Request or Application for the Property Futures PDS investment opportunity, you should be aware that:
This investment is not a bank deposit, term deposit, or savings product and is not covered by the Australian Government’s deposit guarantee scheme. Investing in this opportunity carries a higher level of risk compared to investing in a term deposit issued by a bank.
Allocation Requests are non-binding indications of interest that may be modified, reduced, or cancelled at our discretion if insufficient interest exists or the SPV is not formed.
The rates of return on your investment are not guaranteed and are determined by the future revenue of the investment opportunity. Past performance is not a reliable indicator of future performance.
Withdrawal rights are subject to liquidity and may be delayed or suspended.
The fees, costs, and specific risks associated with this investment are detailed in the PDS. It is important for you to consider these before investing.
Once an SPV is incorporated and chosen, your application may be subject to approval by the Funds Manager before your funds are transferred.
