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 a 26-lot community title subdivision at 1-11 Tallowwood Boulevard, Cotswold Hills, Queensland. The property has been purchased by OIM3 Pty Ltd for $2,250,000 plus GST, with Homecorp serving as the Development Manager and exclusive builder for all lots. The development requires an Impact Assessable Development Application for both Reconfiguring a Lot (RAL) and Material Change of Use (MCU) to be submitted to Toowoomba Regional Council.
The development employs a community title subdivision approach with the following key elements:
- Development application for 26 lots plus common property (including park and internal roadway)
- Homecorp will serve as Development Manager while also being the exclusive builder on all 26 lots
- Oroshiuri will package the land with Homecorp products and sell via the Oroshiuri Platform
- Sales strategy targets investment buyers through house and land packages
- Single storey, 3-bedroom dwellings with double garages planned
- Lot sizes range from 315m2 to 323m2
- The project includes community infrastructure (internal roads, park, visitor parking)
THE PROGRESS
The Essence Toowoomba project is advancing significantly under the meticulous efforts of the Homecorp Property Group. The Development Manager and consultants have prepared a draft plan of the townhouses, which will be submitted to the council for comment. Following the council’s review of the concept, the Development Manager will prepare and lodge a development application with the council.
The application is expected to be accepted in early January 2025. The project timeline begins with the contract being completed in August 2024, followed by due diligence and land settlement, both finalized in October 2024. A prelodgement meeting was held and completed in July 2025. The development application is scheduled to be lodged in the fourth quarter of 2025. Civil works are anticipated to occur from the first quarter of 2026 through to the third quarter of 2026. The sales period is set to commence in January 2025, with full project completion targeted for the first quarter of 2027.
THE PROPERTY
Lot 3 on SP338483, 1-11 Tallowwood Boulevard, Cotswold Hills, QLD, 4350
Target Return – 10% per annum. Paid monthly in arrears by the 14th of each month
The SPV – OIM3 Pty Ltd
Unit Class – OIM003-OFC
Project – 26 lot community title subdivision
Term – Anticipated duration of 12 months
Minimum Investment – $20,000
Tranche – OIM003-OFC/TR10T12OF
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.
THE SALES TRANSITION
Homecorp, powered by Prime Life Technologies, a Toyota and Panasonic joint venture, is expanding its smart communities, with plans to be the leader in efficient housing delivery, decreasing the pressure on prices and improving the quality of the homes built.
Pre-development investing enhances the land’s value before construction even begins, hence, paving the way for profitable exits or further development, maximising your returns.
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 DICL, 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.
