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37%

NET RETURN

34 month*

INVESTMENT TERM

Project Completed: March 22nd, 2021

We raised $1,800,000 from investors to fund the acquisition of a development site in Everton Park, QLD. We demolished the existing property at 2-4 Barrymore St (later renumbered to 65 Ashmore St) and obtained permits for ten contemporary townhouses, designed by Base Architecture, an award-winning firm local to the area. Each townhome had three bedrooms and three bathrooms. The properties were sold for a cumulative total of $6.2 million, with an average price of $621,000 per property.
*calculated from when Lion acquired this project

"Everton Park is one of the best upcoming suburbs in Brisbane's North."

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