BrickX: Fractional real estate platform

Australian homes split into 10,000 “bricks” from about A$30, traded between investors on BrickX's own market.

36
Properties: $41.7M
Listed value: 72.0%
Funded: 6.00%
Median yield: 0.00%
30-day change: 5.0%
Share of index

Properties
Listed value
Funded
Median yield
30-day change
Share of index

About

BrickX is an Australian platform that divides a residential property into roughly 10,000 units called bricks, each holding a share of one property trust. Founded in 2014 and based in Sydney, it is a registered managed investment scheme regulated by ASIC. Investors receive their share of the net rent monthly and can buy or sell bricks on BrickX's own market rather than waiting for the property to be sold, and each property is independently revalued on a published schedule. A single investor may hold no more than a set percentage of any one property.

Property types

Houses
Units
Multi-Unit

What you get

ASIC-regulated managed investment scheme
Monthly net rental income
Daily secondary market
Independent valuations

36 properties from BrickX

Open the marketplace

AvailableAustralia
213 Princes Hwy
55
#### Please ensure you have accessed, read and understood the Product Disclosure Statement, Target Market Determination, Financial Services Guide and Additional Disclosure Document - ARN01 ("ADD") for details to consider if this investment is right for you. **KEY FEATURES** * The purpose of investment in the Property through this BrickX Trust is to gain exposure to income-producing residential property in a Sydney suburb approximately 11 km from the CBD, with the potential for capital gains if a Brick, or the properties, are sold in a favourable market. * Investment in a Trust holding six brand new residential apartments in the recently completed Bloom development in NSW suburb of Arncliffe, located 11km south of the Sydney CBD, with annual historical capital growth rate of 5.27% p.a. over the last 20 years (Source: Corelogic)*. * A collection of six 2 bedroom, 2 bathroom apartments including three penthouses all featuring parking, storage and balconies with views toward the city and Botany Bay. * Group purchase of six properties from the vendor enabling acquisition on average at an approximately 11% discount to the marketed prices and a 12 month rental guarantee from the vendor at a rate of 5% of the purchase price. * Year 1 estimated net rental yield of 3.1% of the total initial Brick value as a result of the rental guarantee from the vendor. * Average estimated net rental yield of 1.9% p.a. of the total initial Brick value over 5 years and average estimated return on investment (ROI) of 3.3%p.a. ROI metrics consider the potential capital returns based on a compound annual growth rate of approximately 3.5%. * The Responsible Entity is in the process of securing, on behalf of this BrickX Trust, a debt facility to partially fund the purchase of the Property. This means the Property will be subject to a mortgage, serviced by the gross rental income of the Property. As an interim measure Acentus Pty Ltd ATF Thundering Herd Fund No. 1 (a related entity of BrickX and the Responsible Entity) will make available a debt funding facility until alternate debt funding can be secured. * Thundering Herd Pty Ltd (a related entity of BrickX and the Responsible Entity) is the Initial Brick Owner of all 10,000 Bricks on issue. Bricks reserved during the Pre-Order Phase will be transferred to retail investors from Thundering Herd Pty Ltd at the end of the Pre-Order period on Thursday 11 November 2021. Property Settlement is scheduled to take place on 15 November 2021. Trading in Bricks for this BrickX Trust will commence following Property Settlement enabling investors to offer their Bricks for sale to other Members should they wish to do so. **THE PROPERTY** - 6 brand new 2-bedroom apartment residences in the recently completed Bloom Arncliffe development. - Built by experienced residential builder Richard Crookes Constructions, these apartments have views of the city and/or towards Botany Bay, onsite amenities above a ground floor marketplace with restaurants and retailers. - All 6 apartments have 2 bedrooms, 2 bathrooms and an individual car space plus storage space. **THE LOCATION** - Arncliffe is a suburb in southern Sydney about 11km south of the Sydney CBD, in the local government area of Bayside. - Placed in a prime position between the city and the coast, Arncliffe benefits from being close to Sydney's southern beaches as well as the Illawarra line's direct link to the CBD, the Inner West and Bondi. Arncliffe has convenient access to many desirable landmarks and services, including Barton Park, the Cooks River, Kogarah golf course, Sydney Domestic and International Airports and Arncliffe train station. - Arncliffe has an annual historical capital growth rate of 5.27% p.a. over the last 20 years*. **PROPERTY MANAGEMENT** * Investors will not be required to take an active part in managing the property and will not be consulted for any decisions relating to the property. * The Manager will operate within the management agreement framework for all properties so that Investors are left only to manage their portfolio. * The Manager pro-actively manages the properties to ensure that they are as much as possible consistently tenanted and kept to the highest standards to protect the Investors investment, both from a capital and rental income perspective. * There may be periods of time where a property is vacant, and expenses during this period are covered by a contingency fund that provides over 3 months of cover (note this is for expenses only and not for the payment of any net rental income to Investors). **IMPORTANT NOTES:** * Forecasts may not be achieved and are not a reliable indicator of future performance. * The advice provided to you is general advice only. It has been prepared and presented without taking into account your personal objectives, financial situation or needs. * Before making any decision in relation to BRICKX or any products offered by BRICKX you should read the Product Disclosure Statement (PDS) and consider whether BRICKX is right for you. * BRICKX products are issued by BrickX Financial Services Limited (ABN 67 616 118 088) (AFSL 494878) (BrickX Financial Services). Neither BRICKX nor BrickX Financial Services, guarantees any rate of return or the capital value or return of any money invested. Past performance referred to is no guarantee of future performance of the relevant financial product and is not a reliable indicator of future performance. BRICKX products are issued by BrickX Financial Services Limited (ABN 67 616 118 088) (AFSL 494878) (BrickX Financial Services). *Cumulative Average Growth Rate as at October 2021. CoreLogic Median Price Index. Past performance is not an indicator of future performance.
Annual Yield
7.99%
Share Price
$101.95
Min Investment
$101.95
Total Value
$1.7M
AvailableAustralia
2/120-124 Commonwealth Street
64
* Two bedroom townhouse with secure parking and paved courtyard * Both bedrooms with lofty ceilings and air conditioning * Walking distance to the CBD and local cafes and shops * Well-established suburb with an historic track record of long-term consistent returns of 4.6% per year since 1999 (APM Price Finder) * Property was purchased with 32% gearing **Property** In one of Sydney’s most convenient locations, this two bedroom townhouse with courtyard and secure car space is set in vibrant Surry Hills. With well-proportioned interiors, the open plan living and dining areas effortlessly flow out to the paved courtyard. The sleek stone kitchen is appointed with Bosch stainless steel appliances. **Location** Surry Hills has numerous cafes and restaurants surrounded by beautiful terraces and tree-lined streets. Oxford Street is 600 metres walk away with access to public transport, fitness centres and shopping. It is within walking distance from the Sydney CBD and Central Station. It is well-served by cycle paths and the light rail which is currently under construction. The property is close to cafes, restaurants, pubs, premium supermarkets and the local library as well as parkland. This property epitomises inner-city living. The area primarily attracts those aged 20-39 years-old with 67% childless couples and lone households. 62% of the local population are renters. (source: ABS). **Investment Case** This property was purchased prior to auction. Exchange of the Surry Hills property occurred on 15 May 2017. The property was acquired for $1.3-million and will include $455,000 of debt to finance the transaction. Acquisition costs (including stamp duty, legal fees and buyer agent fees) are estimated to be $79,690 and will be subjected to a linear amortisation over 5 years (see Capital Returns Tab for a breakdown of Acquisition Costs). In addition, an estimated cash reserve of $25,310 is being raised for the investment giving a total Trust value of $1,405,000 and launch Brick price of $95. In the event the Acquisition Costs are above/below estimates, these costs/surpluses will be funded from/added to the Cash Reserve. A mortgage for $455,000 was used in financing the initial purchase. The mortgage is a 30 year loan, at a variable rate of 3.97%, with the first 5 years interest only, and the following 25 years principal and interest repayments. The BRICKX team will continue to monitor interest rates throughout the life of this investment and act in the best interests of investors. At purchase, this property was tenanted, attracting a rent of $860 per week. A property management team has been assigned to this property. Based on estimated rental income, the forecasted net yield (paid monthly) is 1.83% after expenses (including interest payments on the mortgage). As at the end of April 2017, Surry Hills had an historical capital growth rate of 10.4% over the previous five years (source: CoreLogic). Assuming the continuation of this level of growth, as well as incorporating a 4.99% gearing effect, and current estimated net rental yield, BRICKX’s estimated return on investment (ROI) is 17.24%.** Fluctuations in Brick Price will influence the effective return, and thus you should regularly refer to Returns and Valuation information on the summary page for the latest data. **Property Management** BRICKX uses a third party managing agent to manage the properties on behalf of investors. Investors will not be required to take an active part in managing a property and will not be consulted for any decisions relating to a property. The Manager will operate within the management agreement framework for all properties so that investors are left only to manage their portfolio. The Manager proactively manages the properties to ensure that they are as much as possible consistently tenanted and kept to the highest standards to protect the Investor’s investment, both from a capital and rental income perspective. There may be periods of time where a property is vacant, and expenses during this period are covered by a contingency fund that provides over 3 months of cover (note this is for expenses only and not for the payment of any net rental income to investors). The Manager has also put in place procedures to ensure that before a lease expires, the tenant will be asked to confirm their position with regards to the tenancy agreement. If the tenant does not sign a new lease within a certain time, the property will be advertised for lease. The rental price may be slightly reduced in order to attract a new tenant if necessary. BRICKX will always seek to achieve a balance between the forecast yield and market conditions to minimise the risk that the property is vacant for extended periods. ** Forecasts may not be achieved and are not a reliable indicator of future performance. **Important Notice** The advice provided to you is general advice only. It’s been prepared and presented without taking into account your personal objectives, financial situation or needs. Before making any decision in relation to BrickX or any products offered by BrickX you should read the Product Disclosure Statement (PDS) and consider whether BrickX is right for you. BrickX products are issued by BrickX Financial Services Limited (ABN 67 616 118 088) (AFSL 494878) (BrickX Financial Services). Neither BrickX nor BrickX Financial Services, guarantees any rate of return or the capital value or return of any money invested. Past performance referred to is no guarantee of future performance of the relevant financial product and is not a reliable indicator of future performance.
Annual Yield
6.85%
Share Price
$44.48
Min Investment
$44.48
Total Value
$977K
AvailableAustralia
15 Muir Street
59
#### __KEY FEATURES__ * Investment in a Trust holding the established single story 4 bedroom house in the inner expansion suburb of Kangaroo Flat, located 5km south west of the regional city of Bendigo, with annual historical capital growth rate of 7.10% p.a. over the last 20 years and 22.71% p.a. over the last 12 months (Source: CoreLogic)*. * This home is less than a 5-minute drive to Lansell Square, 3-minutes to Kangaroo Flat main strip, 10-minutes to Bendigo CBD and close by to schools, child care centres and the Bendigo Special Disability School. * The purchase at $625,000 represents a price less than the suburb average of $636,000 over the last 12 months for similar properties. (Source: State of Victoria - PropTrack)*. * The property is being purchased subject to a 5 year lease being put in place with an NDIS Registered and Audited Disability Services Group. * Year 1 estimated net rental yield of 2.6% of the total initial Brick value. * Average estimated net rental yield of 2.7% p.a. of the total initial Brick value over 5 years and average estimated return on investment (ROI) of 3.8% p.a. ROI metrics consider the potential capital returns based on a compound annual growth rate of approximately 3.0%. * Average estimated net rental yield of 2.8% p.a. of the total initial Brick value over 10 years and average estimated return on investment (ROI) of 5.0% p.a. ROI metrics consider the potential capital returns based on a compound annual growth rate of approximately 3.0%. * There will be no borrowed funds used to acquire this property. * Thundering Herd Pty Ltd (a related entity of BrickX and the Responsible Entity) is the Initial Brick Owner of all 10,000 Bricks on issue. Bricks reserved during the Pre-Order Phase will be transferred to retail investors from Thundering Herd Pty Ltd at the end of the Pre-Order period on Friday 14 October 2022. Property Settlement is scheduled to take place on Tuesday 18 October 2022. Trading in Bricks for this BrickX Trust will commence following Property Settlement enabling investors to offer their Bricks for sale to other Members should they wish to do so. _*Cumulative Average Growth Rate as at August 2022. CoreLogic Median Price Index. Past performance is not an indicator of future performance._ #### __THE PROPERTY__ * A sturdy JG King built house is within with easy distance too and surrounded with all the amenities desired by any prospective tenant.. * This 4-bedroom family home boasts many sought-after features including an open-plan kitchen, living/dining area, and undercover alfresco area. * After entering, you'll find the master bedroom with walk-in robe and sparkling ensuite - the chic contemporary kitchen with stainless steel oven, ample cupboard space, dishwasher, and walk-in pantry. The open-plan living/dining zone makes entertaining easy as it opens up to large undercover alfresco area with plenty of space around the low maintenance gardens to enjoy the outdoors, and a handy garden shed. * The remaining bedrooms are located off of the open-plan living/dining zone, all with built-in robes. * Other features within the home are a sparkling central bathroom with separate WC, full laundry with storage, and double garage with internal entry. * The layout of the home is particularly conducive to the needs of the pre-arranged tenant, a Disability Support Services business enabling it to accommodate both carer’s and clients alike with the additional benefits of being close to the local Bendigo Special Disability School with whom the tenant will be engaging as well as nearby parks and recreation. #### __THE LOCATION__ * Kangaroo Flat is a suburb approximately 5 kms to the south west of the Bendigo, in the local government area of City of Greater Bendigo. * In close proximity to the city of Bendigo, Kangaroo Flat benefits from being within 20 minutes to most parts of Bendigo and its nearby suburbs while being also taking advantage of being on the Melbourne CBD side of Bendigo and having direct access to Melbourne via the Calder Highway. Direct links to the airport and access to trains and buses are also readily available. * As an inner suburb of Bendigo, also known to be Victoria’s third largest economy Kangaroo Flat is able to take advantage of the many retail, service, infrastructure and healthcare services, amenities and employment opportunities on offer. * Kangaroo Flat has an annual historical capital growth rate of 7.10% p.a. for houses over the last 20 years*. #### __PROPERTY MANAGEMENT__ * Investors will not be required to take an active part in managing the property and will not be consulted for any decisions relating to the property. * The Manager will operate within the management agreement framework for all properties so that Investors are left only to manage their portfolio. * The Manager pro-actively manages the properties to ensure that they are as much as possible consistently tenanted and kept to the highest standards to protect the Investors investment, both from a capital and rental income perspective. * There may be periods of time where a property is vacant, and expenses during this period are covered by a contingency fund that provides over 3 months of cover (note this is for expenses only and not for the payment of any net rental income to Investors). #### __IMPORTANT NOTES__ * Forecasts may not be achieved and are not a reliable indicator of future performance. * The advice provided to you is general advice only. It has been prepared and presented without taking into account your personal objectives, financial situation or needs. * Before making any decision in relation to BRICKX or any products offered by BRICKX you should read the Product Disclosure Statement (PDS) and consider whether BRICKX is right for you. * BRICKX products are issued by BrickX Financial Services Limited (ABN 67 616 118 088) (AFSL 494878) (BrickX Financial Services). Neither BRICKX nor BrickX Financial Services, guarantees any rate of return or the capital value or return of any money invested. Past performance referred to is no guarantee of future performance of the relevant financial product and is not a reliable indicator of future performance. BRICKX products are issued by BrickX Financial Services Limited (ABN 67 616 118 088) (AFSL 494878) (BrickX Financial Services).
Annual Yield
6.55%
Share Price
$39.65
Min Investment
$39.65
Total Value
$449K

properties from BrickX

Open the marketplace

BrickX: Fractional real estate platform

About

Property types

What you get

36 properties from BrickX

properties from BrickX

Other platforms on Threeworld

Learn how fractional real estate works

What is Fractional Real Estate?

Understanding Minimum Investments

Risks to Consider

36 properties from BrickX