64 Hamilton Rd, Fairfield, NSW

A large block of 12 x strata titled 2 Bedroom units that is zoned R4.
Our plan is to renovate and sell or refinance after post-renovation valuation.

Project Commenced 15th December 2021

Estimated Profit

$888,620

20.67% Return

Project Status

Property has been purchased with a 6-month settlement

Strata plan is currently being confirmed

We are getting renovation costs quoted.

Plan is to renovate externals and internals between tenancies.
At this stage, Kingdom is deciding to hold onto all units long-term and pay investors out by way of refinance. Valuation to be ordered as soon as renovations are complete.

Overview

Project commenced: 15th December 2021
Purchase Cost - $4,028,000
Buy-in (100 Shares): $43,000 per share*
Shares Status: Available

Exit Strategy

Make cosmetic property improvements the refinance or sell all units.

Duration - 12 - 15 months
Estimated Profit $888,620

$8,886.20 per share

20.67% Investment Return †

* Buy-ins increase at the close of every funding
round and in accordance with the project’s value at
that stage. Note that each project has several
funding rounds prior to construction commencing.
† Based on the initial buy-in of $43,000.

Developer - Kingdom