Loan to Value Ratio:

65.00%

Term

28-Months

Interest Rate:
(variable, Linked to RBA Cash Rate)

8.60%

Facility Limit

$51.7m

Investment Summary

An 18-storey mixed-use development comprising 120 co-living apartments, a 120-room hotel and short-term accommodation offering, and a ground-floor retail tenancy. Located on Wakefield Street in the Adelaide CBD, the project is positioned within walking distance of key commercial offices, universities, medical facilities, and cultural precincts.

The co-living component is designed to provide flexible, community-focused accommodation suited to students, key workers, and young professionals, while the hotel introduces a substantial room offering aligned with Adelaide’s strong corporate and events-driven demand. The ground-floor retail tenancy will activate the streetscape and enhance the surrounding amenity, establishing the development as a prominent and integrated addition to the city’s evolving accommodation landscape.

A render of an 18-storey development within Wakefield, SA

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