Social and Affordable Housing Fund

Cardiff, Mayfield, West Gosford, Gosford, NSW

Partnered with Compass Housing to source, develop, deliver and maintain 190 dwellings across four separate properties throughout the Hunter and Central Coast regions.

 

These properties are delivered as part of the NSW State Government’s Social and Affordable Housing Fund.

 

The transaction is for a duration of 25 years under which Tetris Capital will be the asset manager, with Compass Housing undertaking tenant services and facilities management. Centuria Capital Group will undertake the development of the four properties.

 

Tetris Capital also arranged a unique multi-tranche, long-term fixed rate debt solution to remove financing risk from the transaction.

LOCATION

Cardiff, Mayfield, West Gosford, Gosford, NSW

CLIENT

NSW State Government

TOTAL VALUE 

$100m

OUR ROLE

Investor/Developer

Asset Manager

DEVELOPMENT PARTNER

Centuria Capital Group

BUILDER

Various

ARCHITECT

Various

SERVICES CONTRACTOR

Compass Housing

FINANCIAL CLOSE

2018

COMPLETION DATE

2021

CONTRACT TYPE

Design, build, finance, operate and maintain

Melbourne

Level 44, Rialto Building
525 Collins Street 

Melbourne VIC 3000 

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Sydney  

Level 3 
10 Bond Street

Sydney NSW 2000

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