
Housing Australia Future Fund:
Moreton Bay, Queensland
Tetris Capital is leading the development of the Housing Australia Future Fund (HAFF) affordable homes project to deliver 153 homes in Moreton Bay, Southeast Queensland.
All 1-4 bedroom homes, many with dual-key layouts, will be offered at a discount to market rents to families, key workers - such as teachers, nurses and frontline services - and people in need of housing including veterans and women at risk of violence.
Project partners include Ryse Construction who are building the houses and KDL Properties as the land developer. Once completed, Community Housing Limited will provide tenancy and asset management services.
The dwellings will be delivered in stages, with the first stage of housing in Moreton Bay completed by end of 2025, and first tenants welcomed shortly after.
The final homes are anticipated to be complete by start of 2027.
LOCATION
Moreton Bay, QLD
CLIENT
Housing Australia
OUR ROLE
Sponsor
Investor
SPV / Asset Manager
LAND DEVELOPER
KDL Properties
BUILDER
Ryse Construction
SERVICES CONTRACTOR
Community Housing Limited
FINANCIAL CLOSE
2025
COMPLETION DATE
First homes ready for tenants end of 2025, final home complete start of 2027
CONTRACT TYPE
Turnkey acquisition, followed by a 25 year finance, operate and maintain arrangement
