Level 9, 488 Bourke St, Melbourne VIC 3000

Mortgage Investments

Invest in Australian Property Development.
Without Becoming the Developer.

Target returns of 16%–20% p.a. through carefully selected, mortgage-secured property development investments.*

A Smarter Way to Access Property Development Returns

268 Fund gives wholesale investors direct access to Australian property developments, without the headaches of being a developer yourself.

Gain exposure to development profits through structured property equity investments.*.

Enquire About Available Investments

Investing in Property Development with 268 Fund

We Invest Our Own Money Alongside You

268 Fund invests alongside investors in each opportunity, supporting a shared focus on investment outcomes.

100+ Years Combined Experience

Our team brings decades of expertise in property development, construction, finance, and fund management.

We've seen it all. We know what works and what doesn't.

Only the Best 10% Make the Cut

We review over $1 billion in opportunities each year and fund under 10%.

Each opportunity undergoes a structured due diligence process, including:

  • Analysis of local market demand and project feasibility
  • Review of builder & developer capability and track record
  • Consideration of pre-sales and project funding structure (where applicable)
  • Evaluation of the proposed exit strategy and delivery timeline
  • Completion of a detailed internal due diligence framework

Mortgage Security + Equity Returns

A Balanced Investment Structure

  • Security: Investment structures may include a registered mortgage security over the property, providing a level of asset backing*
  • Return Potential: Access to development profit participation, with target returns typically in the range of 16–20% p.a.*

In simple terms:
A structure designed to combine elements of asset-backed security with exposure to development upside.

The 268 Fund Equity Structure

Positioned Ahead of the Developer in the Capital Structure

While structured as an equity investment, investor participation may include mortgage security over the development property, as outlined in the relevant SIM.

What this means:

  • Security: Investment may be supported by a registered mortgage over the property
  • Priority: Investor capital and returns are structured to be paid before developer profit distributions (as outlined in the relevant SIM)*
  • Transparency: Investors receive regular updates on construction progress and project performance

Mortgage-Backed Equity Participation

Unlike mortgage investments where you receive fixed interest*, equity investments let you share in the project's upside.

1

Developer identifies opportunity (land for townhouses, warehouses, etc.)

2

We assess the loan to ensure it meets our strict credit and security requirements. Approved opportunities are reviewed by our Credit Committee, and a SIM is issued to investors.

3

You review the opportunity in the Supplementary Information Memorandum (SIM)

4

You participate as a preferred equity investor in the project

5

Project is built and sold (12-24 month timeline)

6

Returns are determined by the performance of the underlying development and are outlined in the relevant SIM*

7

Equity investments offer higher return potential compared to debt investments, with increased exposure to project risks*

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