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The Brighton Black Development Fund (the Fund) is a unique investment opportunity providing exposure to an ultra – luxury branded development in Brighton, one of Melbourne’s most prestigious seaside suburbs. It offers investors a managed investment opportunity in which they are investing indirectly in the development and construction of a luxury residential project, FiftyTwo Black.
The first project of its kind in Australia, FiftyTwo Black offers residents something thoughtful and experiential. Beyond the beauty of an exceptionally decorated home, each of the gracious residences is a complete and ultra-luxurious world—a warm welcome to an impeccable modern lifestyle for connoisseurs in the art of living well. Furnished exclusively by an iconic international luxury brand, with every detail considered and every corner appointed with the highest quality furnishings, FiftyTwo Black is a total immersion in a peaceful and fulfilling living experience.
The Brighton Black Development Fund (the Fund) is a second mortgage backed fund. Investors invest under a loan facility agreement at 15.0% per annum to the “borrower” (the trustee). As an investor, you will be investing indirectly in the development and construction of a luxury property development.
Due to an overwhelming response, The Brighton Black Development Fund (the Fund) has successfully been closed oversubscribed.
Further milestones and achievements will be provided as progress continues on the iconic FiftyTwo Black property development .
Caption: The construction of FiftyTwoBlack commenced on the 16th October 2020.
