Skip to main content

Capital Prudential’s investment strategy continues to protect it from market fluctuations, including continued inflationary pressure and the resulting intervention by the RBA, which delivered a 150bp cash rate increase during the September quarter. Despite this, our risk mitigation process ensures a diverse portfolio of de-risked premium residential in-fill, commercial and industrial developments.  

During the quarter, we conducted due diligence and secured sites in Queensland and South Australia, in addition to investigating the potential to secure sites at lower prices in a softening Melbourne market which we had previously considered as being overheated. We are also seeing the turning cycle affording us the ability to negotiate more favourable terms with builders for our upcoming developments.

In October, we are raising an additional $5.0m via our Secured Income Notes, to fund 2 high quality commercial developments entering our Fund in November:

– Medical centre
– Childcare centre

Both the medical centre and childcare centre are pre-leased on 10+ year terms to strong tenants. Construction of the medical and childcare centres will commence in Q1 2023. The leases commence following practical completion of construction.

Investment in Capital Prudential Secured Income Notes to support these developments is open to Wholesale Investors as defined by the Corporations Act (Cth) 2001 at the following interest rates:

10% p.a. (3 years fixed), 9% p.a. (2 years fixed) and 8% p.a. (1 year fixed).

We look forward to the continued support of our current investors and invite interested wholesale investors to contact us.

Sam Moore
Managing Director

Another Industry Expert Joins Our Team

Capital Prudential, the Fund Manager of the Diversified Development Fund has recently appointed the following experts to our team.

Stephen Bates – Senior Development Manager

Stephen is a highly experienced and passionate property developer. Stephen previously worked for Westpac Banking Corporation before moving into the property development industry. He has experience in residential and commercial developments, including large scale master planned developments, residential, medium density, hospitality, and commercial. Stephen is currently studying a Master of Project Management degree.

New Capital Prudential Wholesale and Retail Funds coming soon.

Watch the below video to find out more.

CURRENT DEVELOPMENTS

Address: 23 Gertrude Street, Norwood, South Australia 
Luxury Dwelling

Completion October 2022

Address: Park Street, Hyde Park, South Australia
Detached Dwelling  

Completion November 2022

Address: Wooltana Avenue, Myrtle Bank, South Australia 
2 Semi Detached Dwellings  

Completion October 2022

Address: Stepney, South Australia
Otto Townhomes Stage One
21 Semi Detached Dwellings 

Completion 2023

Address: Gawler Terrace, Walkerville, South Australia
3 Detached Townhouses 

Completion June 2023

Address: Beulah Road, Norwood, South Australia
Commercial Office Building 

Completion September 2023

Address: Coglin StreetBrompton, South Australia
20 Semi Detached Dwellings 

Completion February 2024

Address: Watson Avenue, Rose Park, South Australia
5 Detached Dwellings 

Completion September 2024

Address: Victoria TerraceRose Park, South Australia
12 Apartments

Completion September 2024

Address: Stuart Highway, Stuart Park, Northern Territory
Service Station Plus Fast Food

Completion December 2022

Address: Wooltana Avenue, Myrtle Bank, South Australia (adjacent to existing development)
2 Detached Dwellings 

Completion 2023

Address: Burns Street, Byron Bay, New South Whales
2 Semi Detached Dwellings 

Completion 2023

Address: Ruskin StreetByron Bay, New South Wales
Luxury Dwelling

Completion 2023

UPCOMING DEVELOPMENTS

Address: Stepney, South Australia
Otto Townhomes Stage Two
38 Semi Detached Dwellings 

Address: Maryvale RoadAthelstone, South Australia
Medical Centre

Address: Maryvale RoadAthelstone, South Australia
Childcare Centre

Address: Wyandra StreetNoosa Heads, Queensland
2 Semi Detached Dwellings 

Address: Delorme StreetNoosa Heads, Queensland
2 Semi Detached Dwellings 

Address: Maddington RoadMaddington, Western Australia
15,000m2 Industrial

Address: Woodland Drive, Peregian, Queensland
Commercial

RECENTLY COMPLETED DEVELOPMENTS

Address: 21 Gertrude Street, Norwood, South Australia 
Luxury Dwelling

Completed September 2022

Address: Anglesey Avenue, St Georges, South Australia
Detached Dwelling  

Completed October 2022

Address: Anglesey Avenue, St Georges, South Australia
2 Semi Detached Dwellings

Completed 2021

Address: Grandview Grove, DulwichSouth Australia
2 Semi Detached Dwellings  

Completed 2021

Address: Inverloch Avenue, Torrens Park, South Australia
2 Semi Detached Dwellings

Completed 2021

Secured Income Notes Offer Property backed fund $100,000 minimum investment The fund directly invests in and owns a diversified portfolio of de-risked residential and commercial property developments Australia-wide. Investment terms • 1, 2 and 3 year terms available • Fixed 8% p.a."', 9% p.a." and 10% p.a." interest • Secured Income Notes • Principal repaid at maturity (rollover options available) • Early redemptions subject Highly experienced management with proven track records of success in property investment Key highlights • Risk spread over a diversified portfolio Premium postcodes Pre-let national tenants for commercial Minimum pre-sales for residential Suitable Investors • Wholesale investors only • SMSFs, HNW • $100,000 minimum investment

DISCLAIMER: The Secured Income Notes detailed in this update are issued by Capital Prudential Diversified Development Fund Pty Ltd (ACN636 283 219) (CPDDF) as trustee of the Capital Prudential Diversified Development Fund (the Fund).  CPDDF is a Corporate Authorised Representative of Capital Prudential Funds Management Pty Ltd (ACN 636 279 082, AFSL 524725) (CPFM). Capital Prudential Pty Ltd (ACN 634 875 273) (Capital Prudential) is the unitholder and Trust Manager of the Fund and is a Corporate Authorised Representative of CPFM. Capital Prudential is authorised by CPFM to provide advisory and dealing services in connection with the Fund to wholesale clients only.

The information has been only prepared for wholesale clients pursuant to section 761G of the Corporations Act (Cth) 2001 to provide general information only and Capital Prudential did not take into account the investment objectives, financial situation or particular needs of any person when preparing this information.  It is not intended to take the place of professional advice and you should, before acting on this information, consider the appropriateness of this information having regard to your personal objectives, financial situation or needs.

Neither Capital Prudential, CPDDF or CPFM or any of their related parties, their employees or directors, provide any warranty of accuracy, completeness or reliability in relation to such information contained within this update or accept any liability to any person who relies on it.  Neither Capital Prudential, CPDDF or CPFM guarantees repayment of capital or any particular rate of return from the investment.  All opinions and estimates included in this update constitute judgements of Capital Prudential as at the date of the update and are subject to change without notice.  Economic and outlook forecasts are not guaranteed to occur and past performance should not be taken as an indicator of future performance.

This update contains an incomplete description of features of the Fund and Secured Income Notes and should be considered in conjunction with the Information Memorandum and other transaction documents (which are available upon request). Investment in the Secured Income Notes is subject to risks including delays in repayment and loss of income and capital invested and is suitable only for potential investors who do not require liquidity for their investments. 

The interest rate offered to you at this time may differ from other interest rates offered from time to time. For example, it may differ from the interest rate for any Secured Income Notes previously or subsequently offered and issued.  The interest rate for each Secured Income Note will be the rate notified in writing when offered to you as an investor prior to your investment.

Thank you for visiting!

Before you go…

Please enter your contact details below to receive our quarterly updates and invitations to exclusive events.

Name

Register to receive our updates and invitations to exclusive events

Name