TRANSACTION OVERSUBSCRIBED - this deal is closed to new investors. Gillieston Heights, located in the Lower Hunter region 30 minutes drive from Newcastle's CBD via the Hunter Expressway, is the site for iPartners' latest investment opportunity. The site is 3.68 hectares enabling 46 individual residential lots within the Cessnock Road growth corridor between Kurri Kurri and Maitland.The site has a lodged DA, senior bank financing has been indicatively agreed and has an executed contract under renegotiation between the vendor and our developer partner.

IRR

33%

Maturity

April 2019

Investment Type

Equity

ROE

38%

Asset Class

Property

Total Lots

46