Metrics
Acquisition:Confidential
Forecast Investor IRR:21%*
Investment Type
Investment Type:Development
Location:Cremorne, NSW
Sector:Luxury Residential Apartments
Investment Summary
- Acquisition of two adjoining properties located at 13 and 15 Allister Street, Cremorne NSW from multiple vendors. The business plan is to develop approximately 13 luxury residential apartments.
- Burtonwood has co-invested with the development partner, WINIM, who are responsible for delivery of the project and have a strong track record in the Lower North Shore market, having completed 10 comparable high-end residential developments.
*At the time of IM publication