Pallas Capital invites eligible investors to participate in this unique investment opportunity located in Brighton, one of Melbourne’s premium bayside suburbs.
First Mortgage Construction Brighton
The purpose of this construction loan is to assist with the construction of a three-storey residential building comprising thirteen apartments over the basement level carparking.
Brighton represents one of Melbourne’s most prestigious suburbs, with all forms of residential real estate being within the upper end of Melbourne’s capital value price sector and in particular, it has an established high-end apartment sector appealing to wealthy downsizers and retirees.
The development site occupies a corner position on the south-eastern side of Male Street and the north-eastern side of Black Street. Surrounding development is predominately residential in nature characterised by large house lots comprising substantial single and two-level detached dwellings, interspersed within medium density townhouses and low-rise apartment developments.
2) Bay Street Retail Precinct
4) Bossy Boots Café
5) Brighton Grammar School
6) Epworth Brighton Hospital
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