Development Investment (15%)

This investment, together with property owners’ capital, knowledge and experience, will develop the greenfield masterplan Park Ridge Village, which will provide convenient roadside retail to an extensive trade area within the Logan City LGA. Success will be driven by significant regional growth propensity, major investment, and infrastructure projects, which aim to create a super-region with increased livability, community, and economic outcomes.

Park Ridge Village, Park Ridge, QLD

Park Ridge is a residential suburb in the Logan City Region LGA, 37km south of Brisbane’s CBD. The Property is located on the corner of Park Ridge Road and Mount Lindsay Highway, which is the main access road from Brisbane to the outer southern suburbs.

Park Ridge Village will be a vibrant community hub catering to the evolving needs of the growing Logan LGA community. With the goal of serving more than 500,000 people by 2041, the Village will offer convenience and large format retailing, food and beverage (inc. casual dining), entertainment, essential services and commercial offerings to the local community.

The site benefits from an extensive trade area, unobstructed and well-connected access to major highways and arterials and significant state and federal investment for the region’s future prosperity.

Investment highlights

Return

Fixed return of 15.0% p.a.

Type of return

Return paid at investment maturity

Investment term

24 months

Key features of investment

Investment manager

Firefly Future Pty Ltd (ACN 653 717 401)

Investment structure

Loan agreement with property owner/ developer

Legal entity

Firefly PR Property Pty Ltd ATF Firefly PR Investment Trust

Investment returns

Fixed 15.0% p.a. return

Investment term

24 months

Type of return

Return paid at investment maturity (accrued (simple interest))

Minimum investment

$250,000

Offer close date

15 May 2023 (5pm AEST)

Offer close date

15 May 2023 (5pm AEST)

Investment drivers

  • Logan City LGA is projected for significant population growth (+75% by 2041)

  • Strong trade area growth (+46% by 2031)

  • Significant retail spend growth (+64% by 2031)

  • 70,000 additional residential dwellings to be built across LGA (+58% by 2041)

  • Substantial investment in infrastructure ($4B+ across LGA via state and federal funding)

  • Proximity to Priority Development Areas (PDAs) Yarrabilba and Greater Flagstone ($10B+ combined investment and within 15min of the site)

  • Park Ridge and PDAs will collectively account for 45% of the LGA’s economic growth (30,000/ 66,000 projected jobs by 2041)

  • LGA’s largest industrial estate, Crestmead Logistics Estate (4 minutes from the site)

  • Epicentre of super-region to deliver increased liveability and community outcomes (driven by urban renewal and infrastructure initiatives)

Investment enquiries

For information on investing with Firefly Future please contact:

Lee Valentine (0403 467 533 | lvalentine@fireflyfuture.com.au) or

Paul Buckle (0417 598 366 | pbuckle@fireflyfuture.com.au)

Or alternatively, complete the enquiry form, and we’ll contact you.

We look forward to sharing these details with you and helping evaluate whether these opportunities fit your investment goals.