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The Clendon Toorak Development Fund (the Fund) is a unique investment opportunity providing exposure to an unparalleled luxury offering nestled in a stunning location, just a stone’s throw away from the city.
As an investor, you will be investing indirectly in the development and construction of 79 Clendon Road, Toorak. The Clendon Toorak Development Fund (the Fund) provides investors a managed investment scheme, where they are investing indirectly in the development of a bespoke apartment complex. It is a second mortgage-backed fund that allows investors to invest under a loan facility agreement at a targeted 15.0% per annum to the “borrower” (the trustee).
The site of Clendon Road is situated on one of Toorak’s most prestigious streets. It neighbors multi-million dollar properties owned by eminent Melbourne identities and is only a short distance from some of the city’s top private schools.
This stunning boutique complex of five ultra-luxury residences is set over a generous 934 square meters. The residences feature a penthouse with an exclusive 200 square meters rooftop terrace, private elevator, infinity pool, and breath-taking panoramic views of the Melbourne skyline.
Each apartment will boast marble stone, stunning oak timber floors, Gaggenau appliances, unrivalled home automation and lush Jack Merlo-design landscaping. New York-based architect Gregory Tuck has been hand-selected to work with the team to execute a superlative modern living experience for residences.
