- 7%pa for 2 years
- 6%pa for 1 year
- Directly invested in property
- Interest paid quarterly
- Minimum $100,000
- Principal repaid at maturity
- 7%pa for 2 years
- 6%pa for 1 year
- Directly invested in property
- Interest paid quarterly
- Minimum $100,000
- Principal repaid at maturity
The Capital Prudential Diversified Development Fund is not a bank, and its unsecured notes are not government guaranteed. The fund directly owns property and the note holder’s recourse is limited to the assets of the fund.
Fund Statistics to 30 June 2021
Completed
$5.3M
4 Properties Sold
Current
$12.0M
7 Properties Under Development
Coming
$96.3M
93 Properties With Land Secured
The Capital Prudential Diversified Development Fund issues unsecured notes and directly invests the note proceeds in residential and commercial property developments. As at 30/6/2021 the fund has completed, sold and settled 4 properties for gross sale proceeds of $5.3m, has 7 properties under development with estimated gross sale proceeds of $12.0m and the fund’s manager, Capital Prudential, has secured sites for the development of 93 properties with estimated gross sale proceeds of $96.3m.
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