Shore Financial

💡 Watch as Josh Phegan breaks down a chart provided by our CEO Theo Chambers, illustrating how mortgage holding costs have soared with rising interest rates. The increase in home loan repayments is significant, especially since repayments on your primary residence come from post-tax income, adding extra pressure on households. In a shifting market, staying informed is crucial—and Shore Financial is here to guide you with expert insights every step of the way. 🏡 #ShoreFinancial #RateRises #MortgageCosts #FinancialClarity

Real estate has consistently outperformed other investment options, with the Australian Commercial Real Estate market valued at AUD $1.67 trillion. Shore Financial has formed a joint venture with Wingate, a distinguished leader in commercial investment with over $7 billion in capital deployed across asset management, financing, and investment activities. This Shore Invest partnership enables us to acquire and actively manage a diverse portfolio of commercial assets, leveraging Wingate's extensive expertise and proven track record.   We are thrilled to share an attractive commercial asset we’ve acquired and are offering for syndication, being a recently built retail shopping centre, Queen Street Village.   🏢 LOCATION & PROPERTY DETAILS 🏢 ✅Prime Location: Strategically located 3km north of Surfer's Paradise, 70kms south of Brisbane and adjacent to Southport CBD, an area projected to see significant population growth from 640,000 to 983,000 by 2046. Exceptional trade area with a forecast 4.1% p.a. and $5.7B forecasted for Major Trade Area growth by 2041. Situated in an established commercial and administrative hub that is also adjacent to the Gold Coast rail. ✅Property Specifications: A newly constructed (2022) retail complex on a corner block spanning 1.9 Hectares with 13,071 sqm of lettable land, 42 tenants across 5 levels & 368 car spaces (operated by Secure Parking). The purchase price of the property is well below the replacement cost of the building alone. 📶 FINANCIAL HIGHLIGHTS 📶 ✅Purchase Price: Acquired for approximately $87.1 million, a substantial discount from the original valuation, reflecting the distressed sale conditions. ✅Rental Yield: Offers an initial net yield of 7.8% at acquisition with weighted average lease expiry of 10 years, inclusive of a 24-month rental guarantee over vacancies worth $608,000p.a. Anchored by national tenants IGA, Dendy Cinemas, Guzman y Gomez, Oporto’s and Secure Parking. ✅Quarterly Distributions: Anticipated to commence at 7.0% p.a with potential to increase throughout the initial investment term as all leases have fixed annual increases of 3-4%. ✅Target Forecast Equity: IRR of 13.3%+ p.a. with a 1.6x equity multiple (over 4 year initial investment term). ✅Tax Benefits: Significant depreciation being a brand new development, likely rendering the income stream effectively tax-free. ✅Debt Facility: Non-recourse loan of 55% LVR will be secured against the asset with an interest only rate of circa 6.05%.   🔷 HOW TO GET INVOLVED: 🔷 We are offering this limited opportunity exclusively to our valued clients and partners, with a minimum investment requirement is $100,000. We are currently at 90% of our capital target. Allocations will be prioritised by registration date.   Our Expressions of Interest close at the end of August, so we ask that you officially register your interest by completing the EOI form on our website: https://lnkd.in/gXUYqdtT. 

Our CEO, Theo Chambers, is featured in a recent article on MPA Magazine discussing how savvy borrowers are quickly reacting to interest rate changes. In this insightful piece, he explores current trends, borrower behaviors, and strategies to navigate the ever-changing mortgage landscape. Check out the full article for expert advice and stay ahead in the property finance game! https://lnkd.in/g_4X-bde

We are thrilled to share an exclusive investment opportunity that promises significant returns and aligns with our commitment to delivering exceptional value. We have an attractive commercial asset we’re looking at syndicating being a retail shopping centre in Southport Gold Coast QLD. We are offering this opportunity exclusively to our valued clients and partners, with a final capital call on Wednesday 28th August 2024. The minimum investment requirement is $200,000, ensuring that you become part of a focused and committed investor group. If you are interested in learning more or participating in this investment, please register your interest at: https://lnkd.in/gnkbBFfT

Our CEO, Theo Chambers, offers valuable insights in this Mortgage Business article on why lenders should simplify the broker experience for the benefit of Australian borrowers. Read the full article here: https://lnkd.in/gWYCuD-J

The RBA has just announced a hold to the cash rate at 4.35% for the month of June. Top economists across major banks predicted the Reserve Bank's decision to keep the cash rate unchanged this month. Their assessments take into account the recent increase in headline inflation to 3.6% in the month of April, as well as the unemployment rate falling to 4.0% in May.  

With the cost of living and house prices ever increasing there has been a major change in how Australians approach home ownership compared to previous generations. See what our CEO Theo Chambers had to say in The Guardian article here: https://lnkd.in/gYnS9VuX #shorefinancial #costofliving #propertyprice

Recent headlines claiming banks are "at war" with mortgage brokers are misguided and ignore the key player: Australian borrowers. If major lenders attempt to disrupt brokers and steer borrowers back to branches, they prioritise shareholder profit over borrower benefits. Mortgage brokers enhance competition among banks, leading to lower prices for consumers. Brokers provide access to over 100 lenders, ensuring a competitive market and better deals for borrowers. Suggestions that brokers are detrimental to banks are inaccurate; brokers drive competition and help borrowers save on interest. Major lenders' shrinking market share is due to competition from agile lenders, not brokers, and banks should focus on better serving borrowers. Anja Pannek, MFAA CEO had a fantastic response to the AFR’s recent article: https://lnkd.in/gJzqHeDS

Join us at our upcoming Mega Investor Seminar hosted by Novak Properties on June 12th 6.30pm in Dee Why. Key takeaways: - Wealth-building strategies through property investment; - Exploring positive/negative gearing strategies; - The benefits of investing in different structures (personal name, company, trust and SMSF); - Tax strategies to optimise wealth creation; - Finance update with a 2025 forecast; - Interest rates & what the future holds for property prices; and - Strategies for property investment that safeguard borrowing power. REGISTER TODAY: https://lnkd.in/gDSszd2b #shorefinancial #propertyinvestors #investorseminar

WHICH ARE SYDNEY'S TOP GROWTH SUBURBS? The latest quarterly Shore Financial State of Sydney Report has revealed the top suburbs in Sydney that are expected to experience significant price growth in the next 6 months. Read more via the Australian Broker: https://lnkd.in/g_Un6yYw Read more via Yahoo Finance: https://lnkd.in/gWZE-XFc Read more via Australian Property Journal: https://lnkd.in/ggCVgmpg #sydneypropertyprices #shorefinancial