We are thrilled to announce that ALC Munn St Barangaroo Property Fund has successfully achieved its first financial close as of 15 August 2024!

This investment is backed by a first-ranking registered mortgage on a premium property located in the heart of Barangaroo, Sydney’s prestigious CBD.

The Investment Property features two boutique commercial office buildings that are 100% leased throughout the loan period.

With the recent completion of the Barangaroo Metro station and exciting developments in Central Barangaroo, this property stands to benefit from the urban transformation in the area.

The ALC Munn St Property Fund is a closed ended single asset fund, targeting 9% per annum, paid quarterly until maturity on 15 August 2026 net of all fees. We’ve successfully closed the first round of investment with a group of strategic partners, however, still have some limited availability for investment.

Congratulations to our initial investors for securing this exceptional opportunity, and a huge thank you to all our partners for their support.

The Fund is set to welcome new investments on a quarterly basis, with our next closing date on 30 September 2024. This is a great opportunity to invest in a quality investment, paying an attractive yield!

For more details and to explore how you can invest with AL Capital, please contact our dedicated client relationship team today.