Frequently Asked Questions
What are the benefits of investing in a pooled Development Fund?Ability to access large scale residential property development opportunities Join the property development ladder without all the stress and risk Invest a little or a lot and still have access to maximum returns Community value add through development in local areas Passive investment - less involvement required compared to your own direct residential development
How much do I need to start investing?The minimum amount required to invest in 35 Latitude Development Fund is $20,000.
Do I need cash or can I invest through my SMSF?Many of our investors invest in our funds through a SMSF (self-managed super fund). Our investors also use cash savings and borrowed funds.
What is my invested funds (capital) used for?Once you decide to invest in a 35 Latitude project - your investment or capital is placed into a registered fund and it is this fund that acquires the initial property/land that is being developed. We typically use raised capital to purchase our sites and obtain local government approval. The second stage of the process - the construction phase - is completed by borrowed funds.
What is an average development’s expected return?The fund has a target return of 10% p.a which is not guaranteed. However many of our projects achieve in excess of this figure. Our sites are hand-picked and scrutinised by our team of investment strategists to ensure that we can confidently achieve 25% return over the life of the project. We only proceed with developments which meet our stringent feasibility criteria. Of course our aim is to achieve high returns, however risk management and preserving investor capital is always paramount.
When do I receive my profits / returns?Investor are required to invest for a minimum of two years. After this two year period, investors have the ability to make withdraws on an annual basis.
Why does 35 Latitude specialise in small to medium developments?35 Latitude focus on small to medium-scale developments. This is our specialty due to these developments having a quicker turn-around time (shorter build time) and higher potential returns - which ensures our investors achieve the highest possible returns in a shorter timeframe
The 35 Latitude Development Fund (Fund) is a retail managed investment scheme in the form of an Australian unit trust. 35 Latitude Pty Ltd is the Investment Manager of the Fund. 35 Latitude Pty Ltd is a Corporate Authorised Representative (No. 001239775) of DHF Investment Managers Pty Ltd (AFSL 509932). 35 Latitude's authority under its Corporate Authorised Representative Agreement with DHF Investment Managers Pty Ltd is limited to general advice regarding the Fund only. Any other advice provided is not provided pursuant to this agreement. Vasco Trustees Limited is the Responsible Entity of the Fund and the issuer of its Product Disclosure Statement.
This website contains information about the potential issue of interests in the Fund, but it is not intended to be used by any other persons in any other jurisdiction if and to the extent that to do so would be in breach of Australian laws, or the laws of any foreign jurisdiction
This website contains general information only and is not intended to provide any person with financial advice. It does not take into account any person's (or class of persons) investment objectives, financial situation or particular needs, and should not be used as the basis for making an investment in the Fund. Neither 35 Latitude Pty Ltd, DHF Investment Managers Pty Ltd nor Vasco Trustees Limited make any representation as to the accuracy, completeness, relevance or suitability of the information, conclusions, recommendations or opinions contained on this website (including, but not limited to any forecasts made). No liability is accepted by any of these entities or their respective directors, officers, employees, agents or advisors for any such information, conclusions, recommendations or opinions to the fullest extent possible under applicable laws.
This website may contain forward looking statements regarding our intent, belief or current expectations with respect to market conditions. Readers are cautioned not to place undue reliance on these forward-looking statements. 35 Latitude Pty Ltd does not undertake any obligation to revise any forward-looking statements to reflect events and circumstances after the date of this publication.
Neither 35 Latitude Pty Ltd, DHF Investment Managers Pty Ltd nor Vasco Trustees Ltd guarantee the repayment of capital, the performance of any investment or the rate of return for the Fund. Past performance is not necessarily indicative of future performance.
Our Target Market Determination(s) (TMD) describe the investors for whom the product would likely be consistent with their objectives, financial situation and needs (the “target market”) and any conditions around how the product can be distributed to investors. It also describes the events or circumstances where the TMD for the financial product may need to be reviewed. It can be found on our website at the following location: www.35latitude.com.au