Quantum Mortgage Trust
|DA||DA Approved May 2016|
|Apartments||62 apartments with a mix of 1, 2 and 3 bedrooms.|
|Funds to Raise||$1.5m (min) to $9m (max)|
|Minimum Investment||SL UNITS: $10,000. #|
|Maturity||Approximately 18-24 months.|
|Offer in SL Units||12% pa ^.|
|Security||Registered Mortgage over Land.|
|Structure||Registered MIS under ASIC – ARSN 095-909-096|
|Trust Manager||Quantum Funds Management Limited ACN 086 965 684, AFSL 237621.|
# minimum for offshore investors is AU$100,000, ^ less 1% management fee, MIS is Management Investment scheme.
|Residential Apartments||Gross Sales||Exchanged||EOI||Remaining Sales|
*EOI: means expression of interest, which requires the potential purchaser to make a $1,000 deposit.
Construction finance includes of a 2nd mortgage