Current Syndicate Open for Investment

HomeCurrent Syndicate Open for Investment

OXFORD SYNDICATE

The latest Black Bear Syndicate Project is now open for investment.

Black Bear Syndicates are operated as unregistered wholesale syndicated property trusts which are entirely passive for investors. A special purpose unit trust is established for each syndicate project and investors are issued units in the trust in proportion with their investment (Units). The Oxford Syndicate will be undertaken by the Oxford Residences Unit Trust (Trust). Oxford Street Projects Pty Ltd is the trustee of the Trust (Trust), Black Bear Developments Pty Ltd (Manager) is the manager of the Trust and Guardian Securities Limited (AFSL 240506) is the authorised intermediary of the Trust (Authorised Intermediary). Further information regarding the structure of the syndicate and the nature of the investment is outlined in the Information Memorandum applicable to this project.

Black Bear has extensive experience undertaking its own development projects and projects on behalf of investors. Click here to explore our past projects.

A copy of the Information Memorandum can be requested by clicking here.

Property Summary

The subject property is located on the corner of Oxford and Jackson Streets, Hamilton (Brisbane). The site is a 708m2, very flat, regular-shaped allotment zoned Low Medium Density Residential (2 or 3 storey mix). The existing house is a high-set, pre-war, Queenslander-style home in original condition (House). The House is subject to the Traditional Building Character Overlay and advice received by the Manager indicates that the House cannot be demolished, but must be retained as part of the Project. The preferred strategy is to relocate the existing House toward the north-east corner of the Property, comprehensively renovate the House and then construct an additional four new townhouses that are finished to a high standard (Townhouses).

The Property is located in the prestigious inner-northern Brisbane suburb of Hamilton. Hamilton is located approximately 7 kilometres north east of the Brisbane CBD and is a highly desirable and established suburb. The Property itself is extremely well located, with most amenities being within walking distance of the Property.

A copy of the Information Memorandum can be requested by clicking here.

Development Summary

Designs are not yet finalised (and are subject to final approval by Council), but at this stage it is proposed that the House and one Townhouse will face Jackson St and the remaining three Townhouses will face Oxford Street. The Townhouses will be a combination of two and three levels, depending on the final outcome negotiated with Council. The configuration being pursued by the Manager is for the House to be subdivided onto its own lot with the Townhouses to be contained within a second lot and part of a body corporate.

The House is proposed to be stand-alone on a lot of approximately 207m2 with the following features: double garage; large private courtyard; 4 bedrooms (or 3 bedrooms plus second living area); 2.5 bathrooms; upstairs balcony and large private courtyard. It is proposed that each of the Townhouses will have at least 3 bedrooms; a single garage (with visitor space on the driveway); 2.5 bathrooms; and either a large balcony or spacious courtyard. All Townhouses will have their own street frontage and entrance with individual design elements and areas of articulation incorporated into the facade to give each Townhouse an individual feel.

A copy of the Information Memorandum can be requested by clicking here.

Key Dates at a Glance

Offer Opens 6 February 2017
Offers Closes 24 February 2017
Investment Contribution Period Opens* 27 February 2017
Investment Contribution Period Closes* 10 March 2017
Estimated Investment Period 18 months.
Estimated Completion Date Third Quarter 2018

*Investor funds must be deposited with the Authorised Intermediary during the Investment Contribution Period.

Key Numbers at a Glance

Minimum Subscription Amount $1,000,000
Maximum Subscription Amount $1,100,000
Minimum Investment Per Investor# $100,000
Total Project Costs $3,400,000
Estimated Profit $460,000
Anticipated Return on Equity to Investors 20%

# The Manager may accept a lower amount at its discretion.

Oxford Render 2

Directory

The Manager has specifically identified the consultants and advisers listed below as suitable to assist with this project. The selected Consultants are specialists in their respective fields and have demonstrated their expertise and reliability over years of partnership with the Manager.

urban_strategies

Level 1, 39 Grey St South Brisbane QLD 4101
PO Box 3368 South Brisbane QLD 4101
Ph: (07) 3360 4200 Fax: (07) 3360 4260

ag_architects

Upper Ground Level, 3/47 Anderson St,
Fortitude Valley Q 4066
Ph: (07) 3852 1355

mnce

5/63 Annerley Road, Woolloongabba. Qld 4102
PO Box 8380, Woolloongabba. Qld 4120
Ph: (07) 3255 1877  Fax: (07) 3255 1878  Mob: 0413 601 741

guardian_securities

Suite 7 211 Ron Penhaligon Way Robina Qld 4226
Ph: (07) 5562 0888

talbot_sayer

Level 11 Brisbane Club Tower, Post Office Square,
241 Adelaide Street, Brisbane 4000 Qld
Ph: (07) 3160 2900

bj_campbell

9 Dornoch Terrace Hill End Qld 4101
PO Box 5580 West End Qld 4101
Ph: (07) 3844 5511   Fax: (07) 3846 3674

How to Invest

Applications for Units can only be made on the Unit Application Form accompanying the Information Memorandum during the Offer Period. Applicants will also be required to complete a form provided by the Authorised Intermediary confirming their status as an Eligible Investor. Further details are outlined in the Information Memorandum.

A copy of the Information Memorandum can be requested by clicking here.

Important Notice

The Information Memorandum has been prepared by the Trustee as trustee of the Trust. Neither the Trustee, the Manager nor any other person guarantees the performance of the Trust, the repayment of capital or any particular rate of return. An investment in the Trust is subject to both known and unknown risks.

The information provided in the Information Memorandum is general information only and does not take into account your personal objectives, financial situation or needs. It is not intended to be a recommendation by either the Trustee, the Manager or any other person to invest in the Trust. The Trustee is not licenced to provide financial product advice in relation to investments in the Trust. You should read the Information Memorandum in full and consider your own needs and situation and, if necessary, obtain your own financial and legal advice prior to investing in the Trust. No cooling-off rights apply in relation to an investment in the Trust.

The offer of units in the Trust contained in the Information Memorandum is an offer which does not require disclosure for the purposes of Part 7.9 of the Corporations Act. The Trust is not, nor is it required to be, registered as a managed investment scheme under the Corporations Act. Offers made under the Information Memorandum are made pursuant to an arrangement between the Trustee and an authorised intermediary, Guardian Securities Limited ACN 106 187 731, AFSL 240506 (Authorised Intermediary). The Authorised Intermediary is not the issuer of, and has not prepared, the Information Memorandum.

The Information Memorandum has been prepared for use by ‘wholesale clients’ as defined by the Corporations Act. The Information Memorandum is not a product disclosure statement and must not be provided to ‘retail clients’ as defined by the Corporations Act. The Information Memorandum does not contain the information which would be required to be disclosed in a product disclosure statement prepared in accordance with the requirements of the Corporations Act.

The accuracy, reliability and completeness of information contained in the Information Memorandum is not guaranteed and to the extent permitted by law, each of the Trustee, the Manager and the Authorised Intermediary accept no liability for any loss or damage arising from investors relying on any information contained in the Information Memorandum. In particular, no assurance or representation is made that any forecast or projection, or the outcome of any other forward-looking statement, will be achieved.

The information contained in the Information Memorandum is current as at the date specified on the front page and is subject to change without notice.