Project Snapshot
- Project Kangaroo is a master-planned residential community in Brisbane, Australia, host city of the 2032 Olympic Games. The project is delivering attainable housing for mainstream homebuyers in one of Australia’s most supply-constrained and fastest-growing metropolitan regions.
- De-risked, in-progress development across 13 stages by 2031, with Stages 1–3 sold and settled. The project has progressed beyond concept, planning approval and early commencement risk.
- Supported by strong macro demand and public infrastructure investment. Greater Brisbane is adding ~1,100 residents per week, while government has committed an A$116.8B four-year capital program.
- Backed by an experienced Australian developer with a proven track record in large-scale residential projects. The project is held through an Australian unit trust. This opportunity arises from a restructure of an existing unit class interest within the trust, with the developer seeking to replace current holders and reconstitute the position as preferred equity.
S I T E
116 ac
Greater Brisbane
T O T A L L O T S
511
+ 1 childcare lot
D E L I V E R Y
13 Stages
3 Stages sold & settled
I N F R A S T R U C T U R E
A$116.8B
Gov. investment by 2032
D E M A N D
~1,100/wk
New Brisbane residents
Investment Highlights
- Exposure to a once-in-decades Olympic-led growth catalyst. Positioned to benefit from Brisbane’spopulation growth, housing undersupply and public infrastructure investment ahead of the 2032 Games.
- Validated absorption & data-backed underwriting. Stages 1–3, comprising 132 lots, have been sold and settled, while Stages 4–8 achieved 51 pre-sales across two controlled releases, both sold out in ~24 hours. Future-stage estimates are benchmarked against completed-stage performance.
- Embedded value uplift from historical land basis. The site was acquired in 2022 before major regional uplift, with current land values and achievable sale pricing materially above acquisition levels (~2.0x).
- Progressive liquidity through staged settlements. Staged settlements support progressive capital repatriation, with optional monthly investor distributions during the investment period.
- First-loss protection through subordinated stakeholder capital. Junior capital held by the developer andexisting project stakeholders absorbs losses before Class D capital is impacted.
Financial Snapshots
R E V E N U E
A$230M
Estimated project revenue
C O S T S
A$140M
A$39M land + A$100M dev. & operating
P R O F I T
A$90M
Estimated project margin ~39%
R E T U R N E N T I T L E M E N T
A$12M
Target investor return
M A R K - T O - M A R K E T
~2.0x
Land value uplift since acquisition
T H E O F F E R
15%
Target total investor IRR
~4 yrs
Investment horizon
Preferred Return
with an optional 5% p.a. monthly cash pay
First-loss Protection
Developer capital absorbs losses first
Dedicated SPV
Registered security interest, regulated trust accounts, privacy protections