THE DEVELOPER
Homecorp Property Group, based in Australia, has established itself as a reliable and prosperous leader in the field of residential urban property development and master-planned communities. The company was founded in 2004 by CEO Ron Bakir, who was awarded the Gold Coast Young Entrepreneur of the Year in 2013. Since its inception, Homecorp has grown significantly, developing, selling, and completing 18 major residential housing projects and grossing more than $1.5 billion in sales.
Homecorp’s approach to business is driven by solid research, strategic intent, and a commitment to their clients’ long-term return on investment. They target areas of major infrastructure growth that lead to job opportunities, population growth, and increased housing demand, a strategy they refer to as The Golden Cycle.
The company has also demonstrated its adaptability and resilience in the face of global economic challenges. For example, during the Global Financial Crisis, the company managed to thrive by diversifying its portfolio and expanding into regional areas of Queensland, Australia. The company’s commitment to diversification is ongoing. They have recently partnered with Morgan Stanley to build a $200 million build-to-rent precinct on the Gold Coast, marking a significant step into an emerging sector of the property market.
THE LOCATION
Situated in Toowoomba, one of Australia’s most family-friendly cities, with steady economic and population growth and significant investment in local infrastructure, the subject site has an extraordinarily stable and resilient market.
Prepare to be captivated by Toowoomba’s picturesque landscapes. Surrounded by rolling hills, scenic gardens, and the iconic Tabletop Mountain, this city offers residents a stunning backdrop to their daily lives. The crisp, clean air and abundance of green spaces make it an oasis for outdoor enthusiasts, providing endless opportunities for relaxation and recreation.
THE PROGRESS
The current status of Essence Toowoomba is progressing significantly, guided by the diligent efforts of the Homecorp Property Group. The Development Manager and consultants have met, where they deliberated on the necessity of a new stormwater management plan. This plan is critical to ensuring the safety and efficiency of the earthworks at Essence Toowoomba. The proposed significant battering brought forth the requirement of an ecological survey for the drainage corridor.
Council expressed concerns over the existing low-level vegetation and the proposed boulder wall in the eastern precinct. These issues necessitated a reassessment of the engineering solutions, as they could potentially influence the lot yield in this area. A focused effort was made to lessen the impact on the drainage reserve by reducing the earthworks. This was achieved through a synergistic meeting between the Development Manager and our engineers.
Most recently, the consultant team has been meticulously compiling responses and reports related to these developments.
THE INVESTMENT
This opportunity offers Property Preference Shares that pays investors a monthly return.
Target Return – 12% p.a. paid monthly in arrears. Net of fees.
Minimum Investment – $20,000.
Security Type – Units backed by Redeemable Preferential Shares in the company.
Term – The term of the investment is a minimum investment of 6 months and estimated to be 24 months from the issue of Shares through to redemption.
THE BUILDER
Homecorp Constructions, the second-largest home builder in Queensland, ensures that an investment in a development they’re involved with is an investment in robust growth and future-proof infrastructure. Exhibiting an impressive 54% year-on-year growth, Homecorp is a testament to the power of exceptional quality, innovative building solutions, and superior customer service.
Homecorp’s commitment to the future is represented by their strategic partnership with Prime Life Technologies, a joint venture between Toyota and Panasonic. This alliance focuses on the development of smart communities, placing any Homecorp Constructions-led development at the cutting edge of this expanding sector.
Investing in a Homecorp development means investing in transparency, quality, and innovation. Their Fixed Price Promise showcases their commitment to sound business practices, while their sourcing of high-quality materials from reputable suppliers demonstrates an unwavering commitment to quality. In a development built by Homecorp, these elements combine to create a sustainable, future-oriented investment opportunity.
THE SALES TRANSITION
Homecorp, powered by Prime Life Technologies, a Toyota and Panasonic joint venture, is expanding its smart communities, with plans to escalate from 1,205 homes in 2022 to 3,000 homes annually.
Pre-development investing enhances the land’s value before construction even begins, hence, paving the way for profitable exits or further development, maximising your returns.
