Pleasure Point Mine

The Property comprises 40.78 hectares at 36 Child Street, Riverview, in the City of Ipswich.

Ipswich is Queensland’s fastest growing city and government forecasts show it will remain so for the next two decades

Queensland's fastest growing city
Ipswich has recorded 47% annual growth in the property and construction sectors since 2001.Ipswich City Council reports the population of Ipswich was 208,490 at 31 Dec 2017.
The Queensland Government Statisticians Office projects this to rise by ~132% in the next 18 years, to 484,716
TransportA purpose built $190m train maintenance center was completed in Ipswich in 2016. The facility will be used to test and maintain 75 new trains currently being delivered to South East Queensland as part of a $4.4bn contract to build and maintain the vehicles
Riverview is located 30 minutes’ drive from Brisbane CBD, 38 Minutes to the Brisbane Domestic Airport, and 60 Minutes to the Gold Coast.​The estate is a 7-minute drive or a 17-minute walk to the local train station and primary and secondary schools less than a 10-minute drive from the estate.
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Primary as trustee for the Riverview Development Loan Trust seeks to raise $3,200,000 from investors which will be advanced to Riverview Property Holdings (QLD) Pty Ltd (Borrower) as trustee for the Riverview Property Unit Trust (Riverview Trust) pursuant to the Riverview Development Loan.
The Trust will earn a loan interest rate of 10% per annum paid quarterly in advance from which distributions will be paid to investors.  This amount will be calculated based on the outstanding principal at the end of each calendar quarter.The Riverview Development Loan will be secured by:a registered first mortgage over the Property;a General Security Agreement over the assets and undertakings of the Borrower; andthere will be a guarantee by QPG Pty Ltd (a related party to the Borrower) for any interest payable in respect of the second year of the loan term (and the third year if the loan term is extended by the Borrower).
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RAIC has been appointed by Primary as the Investment Manager for the Trust.  RAIC has also been appointed as Primary’s corporate authorised representative and has relevantly been authorised for the provision of general financial product advice and dealing in relation to the Trust.  RAIC has also been appointed by the Borrower to provide initial project finance and ongoing project services in connection with the Riverview development.


The funds manager for this offer is Investors Exchange Limited ACN 116 489 430 (IEL), which holds an Australian Financial Services Licence (AFSL) #299024, and is the issuer of interests in the schemes to which it operates. IEL has registered the Investors Exchange Fund ARSN 127 384 767 and the Investors Exchange Investment Fund ARSN 120 933 093 with ASIC.​General warning: In accordance with the provisions of IEL's license authorisation, IEL wishes to advise the following in relation to any advice it has given or is likely to give you either orally or in writing or by any other means:
(a) the advice has been prepared without taking account of your objectives, financial situation or needs; and
(b) because of that, you should, before acting on the advice, consider the appropriateness of the advice, having regard to your objectives, financial situation and needs; and
(c) as the advice relates to the acquisition, or possible acquisition of a particular financial product we have jointly or severally provided, or will likely to provide you with a product disclosure statement relating to the product and you should consider the statement before making any decision about whether to acquire the product.​Offers for interests in any scheme may only be made by completing the application form contained within the product disclosure statement/s which are available from IEL by calling 1300 737 903. IEL suggests you read the PDSs (including Part 2 where applicable) in full before you make any investment decision in any Fund operated by IEL. If you are unsure about any aspect of the information contained within the disclosure documents you should seek independent investment advice.