Ark Wholesale Mortgage Fund
About the fund
Ark Wholesale Mortgage Fund is a contributory fund established by Ark Capital in 2021 with the purpose of providing Ark Capital wholesale investors and borrowers with greater flexibility on loan and investment structures. The fund held an average 11.05% investment return to investors over the past 12 months.
Type & structure
Contributory Mortgage Fund
Unregistered managed investment scheme
Ark Capital Funds Limited is the Trustee and Investment Manager under AFSL 476209
investment schemes
Registered Mortgage only
Max First Mortgage LVR of 70%
Targeted returns net of fees of 9.0% p.a. plus
Residential industrial, child care, medical, commercial and retail sectors
Investment & Construction Loans
Focused on eastern seaboard capital cities and major regional locations
investors
Minimum investment of $50,000
Only available to investors who qualify as a ‘wholesale’ investor under the Corporations Act 2001; or invest $500,000
Open Projects
Projects Open for Investment within the Fund
The Moorings
NEWPORT, NSW
LVR: 65.00%
Term: 12-month
Interest Rate: 10.50% p.a (Linked to RBA Cash Rate)
Facility Limit: $34,000,000
$34M First Mortgage Construction Facility located in Newport, NSW which is situated within the highly sought after Northern Beaches area.
The Base
Oakleigh, VIC
LVR: 60.00%
Term: 20-month
Interest Rate: 9.75% p.a (Linked to RBA Cash Rate)
Facility Limit: $25,788,500
A 3-story multi-purpose industrial warehouse that will house self-storage units & hi-tech workspaces, consisting of 12,374 sqm gross floor area.
Dobson Place
MORAYFIELD, QLD
LVR: 65.00%
Term: 10-month
Interest Rate: 10.50% p.a (Linked to RBA Cash Rate)
Facility Limit: $4,392,000
10 lot rural residential land subdivision which forms Stages 5 & 6 of the ‘Dobson Place’ Estate.
PROJECTS WITHIN THE FUND
Current Projects within Fund
(Closed for Investment)
Spindrift
MARGARET RIVER, WA
LVR: 65.00%
Term: 6-month
Interest Rate: 10.25% p.a (Linked to RBA Cash Rate)
Facility Limit: $6,936,000
A residential sub-division comprising the development of 423 lots located in Margaret River, Western Australia.
Wellington
BOX HILL, VIC
LVR: 65.00%
Term: 18-month
Interest Rate: 10.25% p.a (Linked to RBA Cash Rate)
Facility Limit: $8,775,000
First Mortgage Land facility for a future development of a 20 level Structure, incorporating medical and allied services in Box Hill, VIC
Mont Albert
MONT ALBERT, VIC
LVR: 65.00%
Term: 12-month
Interest Rate: 10.50% p.a (Linked to RBA Cash Rate)
Facility Limit: $5,200,000
First mortgage Land facility for the future development of a 4-storey residential apartment building in Mont Albert, VIC.
Springwood
GAWLER EAST, SOUTH AUSTRALIA
LVR: 55.00%
Term: 6-month
Interest Rate: 10.50% p.a (Linked to RBA Cash Rate)
Facility Limit: $25,000,000
First Mortgage Land Facility funding the delivery of stages 4-8 of the ‘Springwood Gawler East’ estate consisting of 252 allotments across a 18.72ha site.
Old Bay Road
DECEPTION BAY, QLD
LVR: 65.00%
Term: 12-month
Interest Rate: 11.00% p.a (Linked to RBA Cash Rate)
Facility Limit: $10,660,000
The subdivision of 38 residential lots including road dedication, pathway link and a public open space lot.
Tapestry
NORTH MELBOURNE, VIC
LVR: 72.00%
Term: 16-month
Interest Rate: 20.00% p.a (Linked to RBA Cash Rate)
Facility Limit: $12,000,000
Mixed-use, multi staged development comprising six buildings, incorporating apartments, commercial and retail offerings, connected rooftop amenity.
