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Mayfair 101’s new fixed income property bond to power Dunk Island and Mission Beach revival

The new bond is aimed exclusively at Australian wholesale investors seeking an investment supported by first registered mortgages.

Mayfair 101 - Mayfair 101’s new fixed income property bond to power Dunk Island and Mission Beach revival
The group plans to turn Mission Beach and Dunk Island into an Australian tourism mecca

Mayfair 101 has launched a fixed income property bond aimed exclusively at Australian wholesale investors seeking an investment supported by first registered mortgages.

The Mayfair Australian Property Bond offers investors the ability to earn competitive fixed rates of return in exchange for direct registered first mortgage security over properties the group owns in Mission Beach, Queensland.

Revitalising Mission Beach

The bond is the first opportunity Australian investors will have to be part of the group’s plan to turn Mission Beach and Dunk Island into an Australian tourism mecca.

Managing director of the Australian fixed-income investment specialists James Mawhinney said: “With interest rates on traditional investment products at record lows, the Mayfair Australian Property Bonds provide investors the ability to invest in a region that will play a significant role in the revival of the Australian tourism industry.

“We are democratising the financing of this significant project by giving investors full transparency and the ability and to pick their properties, loan-to-valuation ratios, investment term and investment amount.”

“Support to region”

Mawhinney added: It’s an important strategic move to bring more awareness and support to the region.”

The bonds will give investors the opportunity to select which properties their investment is secured against via a first registered mortgage.

Investors will receive monthly income payments at rates of 4.25%-9.20% depending on the property type, duration, LVR and investment amount.

The bond, which is limited to qualified wholesale investors, is being offered by the group’s investor-facing division Mayfair Platinum and has a minimum investment amount of $250,000.

- CONTENT PROVIDED BY MAYFAIR 101 GROUP

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