SUBMIT YOUR OFFER
INVESTMENT INFORMATION MEMORANDUM
Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust
136A Oceanic Drive, Warana QLD 4575
Property Development & Renovation Opportunity
CONFIDENTIALITY AGREEMENT
By accepting a copy of this memorandum, the recipient agrees that it shall not contact or discuss the contents of this memorandum with any officer, employee, supplier, customer, licensor, franchisee, or associate of Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust without the prior consent of Ursula Starkovsky
This Memorandum and further information that may be supplied on the terms set out above and, on the terms, contained in a confidentiality agreement entered into by the recipient, the terms of which incorporate the above conditions and which contain restrictions on the use of the information, its disclosure, and the conduct of the recipient subsequent to the recipient.
The recipient acknowledges the foregoing, and it is hereby agreed that the terms of the confidentiality agreement are incorporated into and form part of these conditions
INVESTMENT RISK STATEMENT
Investing in Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust involves significant risks. Investors should carefully consider the following: Investors may lose part or all of their invested capital. Neither Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust nor its directors guarantee any rate of return, repayment of investment, or successful achievement of planned objectives. Past performance is not indicative of future results, and investment outcomes may vary substantially from projections or expectations. Market conditions, regulatory changes, operational challenges, and other factors beyond our control may adversely affect investment performance. The value of investments can fluctuate significantly, and there is no assurance that any investment will achieve its stated objectives.
IMPORTANT NOTICE
The information contained in this information memorandum and any other verbal or written information given in respect of Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust ("Information") is provided to the recipient ("you") on the following conditions. The listing consultant, Matthew Holland nor Allbiz Deal Room (ABN 56 630 339 150) or any of its officers, employees, or consultants ("we, us") make no representation, warranty, or guarantee that the information, whether or not in writing, is complete, accurate, or balanced. Some information has been obtained from third parties and has not been independently verified. Accordingly, no warranty, representation, or undertaking, whether express or implied, is made, and no responsibility is accepted by us as to the accuracy of any part of this or any further information supplied by or on our behalf, whether orally or in writing. Investment Considerations All visual images (including but not limited to plans, photographs, specific productions, and artist impressions) are indicative only and are subject to change. Any measurement noted is indicative and not to scale. All outlines on photographs are indicative only. The information does not constitute, and should not be considered as, a recommendation in relation to the investment in the business or property or a solicitation of the investment. You should satisfy yourself as to the accuracy and completeness of the information through your own inspections, surveys, enquiries, and searches by your own independent consultants, and we recommend that you obtain independent legal, financial, and taxation advice. This includes as to whether any listing price is inclusive or exclusive of GST. Valuation and Responsibility We are not valuers and make no comment as to the value of the business or property. "Sold/leased" designations show only that stock is "currently not available," not that the business or property is contracted or settled. If you require a valuation, we recommend that you obtain advice from a registered valuer. This memorandum does not and will not form part of agreement for the business or property. The only information, representations, and warranties upon which you will be entitled to rely will be as expressly set out in the term sheet. Interested parties will be responsible for meeting their own costs of participating in the investment process for the business or property. Liability and Authorisation We will not be liable to you (to the full extent permitted by law) for any liabilities, costs, or expenses incurred in connection with the information, whether the loss or damage arises in connection with any negligence, default, or lack of care on our part. No person is authorised to give information other than the information in this document and any statement or representation by an officer, agent, supplier, customer, relative, or employee of the vendor will not be binding on the vendor or us. To the extent that any of the above paragraphs may be construed as being a contravention of any law of the state or the Commonwealth, such paragraphs should be read down, severed, or both, as the case may require, and the remaining paragraphs shall continue to have full force and effect.
PURPOSE OF THE DOCUMENT
Ursula Starkovsky in the capacity of the manager and director of Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust ABN 18 631 031 902 has decided to seek investors for the business Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust and has requested that Allbiz Deal Room Pty Ltd (ABN 56 630 339 150) serve as the process's communication medium. This confidential information memorandum ("Memorandum") has been prepared for selected parties with a preliminary understanding of the business of Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust and to assist the recipient of the memorandum ("Recipient") in making their own independent appraisal of Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust before making any investment. The memorandum does not purport to be complete or contain all of the information that a prospective investor may require. No representation or warranty is made (or will be made in any investment agreement) as to the accuracy, reliability, or completeness of any information contained in this memorandum for Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust , or the directors or shareholders of Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust, the consultant Matthew Holland, or Allbiz Deal Room (ABN 56 630 339 150). The Recipient agrees by receiving this memorandum that it shall not copy, reproduce, or distribute to others this Memorandum, whether in whole or in part, without the prior written consent of Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust . Further, the recipient of this memorandum will keep permanently confidential all information contained herein that is not already public and will use this memorandum only for assessing Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust . On request, the recipient will promptly return all material received from the Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust , the directors, and Allbiz Deal Room, including this memorandum, without retaining copies. Projections and Currency All projections in this memorandum have been prepared by Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust ,or their accountants for inclusion in this memorandum. Any past or projected profit assumptions are examples only; they do not constitute, and should not be regarded as, a representation that the projected results will actually be achieved or that the underlying assumptions are valid or can be met under new management. The projections are subject to uncertainties and contingencies, all of which are difficult to predict and many of which are beyond the control of Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust . Allbiz Deal Room and the consultant, Matthew Holland have not independently verified the projections. All currency amounts are expressed in Australian dollars unless otherwise stated. All inquiries in connection with this investment process in general should be directed to the listing owner, who is representing themselves in the transaction. All contact between the directors and employees of Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust and prospective investors will be arranged by the seller named in this document. Under no circumstances should prospective investors/investors contact staff or employees of Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust .
CONDITIONS OF ISSUE
Acceptance and Return
This memorandum is supplied on the following conditions, which are expressly accepted and agreed to by the recipient in part as consideration for the supply of the memorandum, as evidenced by the recipient's retention of this document. If these conditions are not acceptable, the memorandum is to be returned.
Independent Evaluation
This memorandum does not purport to contain all of the information that may be required to evaluate an investment in Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust , intending investors and their respective advisors should conduct their own independent review, investigation, and analysis of the business listing and the information contained in or referred to in this document.
No Representations or Warranties
Neither the director(s), the company, the consultant, nor the partners and employees of the consultant, nor their respective subsidiaries or associated companies or businesses, shareholders, directors, partners, or offices (collectively the "Beneficiaries"), make any representation or warranty, express or implied, as to the accuracy, reliability, or completeness of the information contained in this memorandum or subsequently provided to the recipient by any of the beneficiaries.
Liability Exclusion
Except to the extent that liability under any law cannot be excluded, the beneficiaries shall have no liability arising in relation to the information contained in this memorandum or in any other way for errors or omissions (including liability to any person by reason of negligence).
Estimates and Projections
The estimates and projections in this memorandum rely heavily on subjective analysis and judgement, which may or may not be accurate. There are typically discrepancies between forecasts and actual outcomes, and events frequently deviate from expectations.
Independent Review
The recipient, any intending investors, and their respective advisors should conduct their own independent review of the assumptions, calculations, and accounting policies underlying the estimates and projections. The beneficiaries may update or supplement this information at their sole discretion and without any obligation to do so. The provision of any additional information is subject to these terms and conditions.
Non-Binding Nature
This Memorandum, including any update or supplement to this document, does not and will not form part of any term sheet or investment agreement that may result from the review, investigations, and analysis of the company by the recipient, intending investors, and/or their respective Any agreement for the investment in the company will contain any and all information, representations, and warranties upon which the recipient or any other intending investor should rely.
Formal Agreement
The formal investment agreement or term sheet will also contain an acknowledgement by the recipient that it has not relied on any representations or warranties by any of the beneficiaries in entering into the agreement other than any representations and warranties set out in the agreement itself.
Right to Reject
The company reserves the right to evaluate any offers and to reject any and all offers submitted without giving reasons. The beneficiaries shall not be liable to compensate the recipient or any intending investors for any costs or expenses incurred in reviewing, investigating, or analysing any information in relation to the company, whether in making an offer or otherwise. The information in this memorandum is provided to the recipient only as a matter of It does not amount to a recommendation, either expressly or impliedly, with respect to the purchase of the company.
Appropriateness and Expert Advice
The information in this memorandum may not be appropriate for all persons, and it is not possible for the beneficiaries to have regard to the investment objectives, financial situation, and particular needs of each person who reads or uses the information in this memorandum. Before acting in reliance on the information in this memorandum, the recipient should check its accuracy, reliability, and completeness and obtain independent and specific advice from appropriate experts.
TABLE OF CONTENTS
  1. A Message from the Founder
  1. Executive Summary
  1. History and Key Business Milestones
  1. Typical Buyers and the Market
  1. Meet the Team
  1. SWOT Analysis
  1. Our Products or Services
  1. Comparable Projects
  1. Development Roadmap
  1. Use of Capital
  1. Contact Details and Thanks
1.A MESSAGE FROM THE FOUNDER
Dear Potential Investment Partners,
Welcome to what I believe is one of the most exciting property investment opportunities currently available on Queensland's Sunshine Coast. My name is Ursula Starkovsky, and I'm delighted to personally invite you to consider joining me in transforming 136A Oceanic Drive, Warana, into a stunning coastal residence.
After more than 25 years in property development, spanning from my native Switzerland to the beautiful Sunshine Coast, I've learnt that successful property investment isn't just about numbers on a spreadsheet—it's about recognising genuine opportunity, understanding market dynamics, and having the experience to execute projects that create real value.
Why This Project Excites Me
This Warana property represents everything I look for in a renovation opportunity. Located just metres from pristine beach access, it sits in one of Queensland's most desirable coastal corridors where demand consistently outstrips supply. The existing 1990s home has solid bones but desperately needs modernisation to meet today's buyer expectations. I see enormous potential to create something truly special.
Having recently completed successful projects in Pelican Waters, Coolum Beach, and Scarborough, I understand what today's coastal buyers want: contemporary design, quality finishes, seamless indoor-outdoor living, and that quintessential Queensland lifestyle feel. This property offers the perfect canvas to deliver exactly that.
My Commitment to You
As a chartered accountant by training, I bring financial rigour to every project. I don't take unnecessary risks with investor capital, and I certainly don't make promises I can't keep. The feasibility analysis for this project is based on conservative estimates, realistic timelines, and proven cost structures developed through multiple successful developments.
Your investment of $875,000 (which can be shared among multiple investors) will be secured by second mortgage and earn 18% per annum. More importantly, you'll be partnering with someone who has successfully navigated challenges—including completing the Melrose on Fifth project after the builder went into receivership halfway through construction. That experience taught me resilience, but more importantly, it reinforced my commitment to seeing every project through to successful completion.
The Sunshine Coast Advantage
The timing couldn't be better. The Sunshine Coast continues attracting unprecedented numbers of interstate migrants seeking the relaxed Queensland lifestyle, quality beaches, and relatively affordable property prices compared to Sydney and Melbourne. This demand, combined with limited quality stock, creates perfect conditions for well-executed renovation projects.
Local market data shows consistently strong performance for renovated coastal properties, particularly those offering modern amenities and beach proximity. Our target sale price of $2.85-$2.95 million reflects current market conditions whilst providing comfortable margins for unexpected challenges.
Moving Forward Together
I'm not seeking passive investors—I want partners who understand and appreciate the opportunity we're creating together. This project offers the perfect combination of manageable risk, attractive returns, and the satisfaction of transforming a tired property into something beautiful.
The estimated timeline spans 6-10 months, during which I'll provide regular updates on progress, challenges, and milestones achieved. Transparency isn't just good business practice—it's essential for building the trust that makes great partnerships possible.
I invite you to visit the property, review our detailed feasibility analysis, and ask any questions about the project, my experience, or the investment structure. Property development is ultimately about people, and I believe in building relationships based on mutual respect, shared goals, and honest communication.
Thank you for considering this opportunity. I'm genuinely excited about the potential to work together in creating something special at 136A Oceanic Drive while generating strong returns for everyone involved.
Looking forward to discussing this opportunity with you.
Warm regards,
Ursula Starkovsky
Founder & Managing Director
Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust
2. EXECUTIVE SUMMARY
Topaz Projects presents an exceptional opportunity to invest in the renovation of 136A Oceanic Drive, Warana—a premium coastal property requiring $875,000 in gap financing. This comprehensive renovation will transform a dated 1990s residence into a contemporary family home, capitalising on the Sunshine Coast's robust property market. The project offers investors 18% per annum returns, paid in arrears, with security via second mortgage registration upon construction finance approval. Our feasibility analysis projects a gross realisation value of $2.85-$2.95 million upon completion, representing significant upside potential.
The 631m² property sits opposite beach access in one of Queensland's fastest-growing coastal regions. Planned improvements include substantial internal renovations, adding a fifth bedroom with ensuite, balcony safety upgrades, premium stone cladding, pool area transformation, and enhanced landscaping.
Project timeline spans 6-10 months, with experienced builder partnerships and streamlined approval processes through private certifiers. The investment structure accommodates multiple investors, providing flexibility and risk distribution. Market fundamentals strongly support this opportunity, with continued interstate migration driving unprecedented demand for quality coastal properties across the Sunshine Coast region.
3.DEVELOPMENT HISTORY AND KEY BUSINESS MILESTONES
This accomplished developer has demonstrated exceptional expertise in identifying, executing, and delivering profitable development projects across premium Queensland locations. With a proven track record spanning subdivision, luxury residential construction, and multi-unit development approvals, her portfolio showcases strategic market positioning and successful project execution.
Premium Waterfront Development
81 Coral Sea Drive, Pelican Waters QLD 4551
Currently representing the pinnacle of the portfolio, this September 2023 project features a sophisticated double-storey home with premium amenities including pool and possible pontoon access. Located in the prestigious Pelican Waters estate, this waterfront development showcases the developer's ability to execute luxury residential projects in premium canal-front locations. The property's current market positioning demonstrates confidence in the high-end residential market.
Premium Scarborough Luxury Development
25 Fernlea Avenue, Scarborough QLD 4020
A standout achievement in the portfolio, this luxurious Scarborough project exemplified the developer's capacity to deliver high-end residential developments in prime coastal locations. The project achieved successful completion with sales and settlement occurring in early February 2022, demonstrating both quality execution and strong market timing in the competitive Scarborough market.
Coolum Beach Strategic Hold and Release
50 Yandina-Coolum Road, Coolum Beach QLD 4573
This project demonstrated the developer's patient capital approach and market timing expertise. Acquired in June 2022, the property was strategically held and developed before being successfully sold toward the end of 2024. This extended timeline reflects thoughtful market analysis and the ability to optimize exit timing for maximum returns in the premium Coolum Beach market.
Maleny Multi-Unit Development Opportunity
34 Coral Street, Maleny QLD 4552
This project showcased the developer's strategic vision and approval expertise. Recognizing the zoning potential for 5 townhouses in mid-2021, they successfully navigated the complex approval process, securing both Development Approval and Operational Works Permit by May 2022. The project was strategically sold with all approvals in place, maximizing value while minimising construction risk and demonstrating sophisticated market understanding.
Beerwah Subdivision Success
1 Nichols Avenue, Beerwah QLD 4519
The developer successfully executed a strategic 1-into-2 subdivision project in the growing Beerwah market. This project demonstrated their ability to identify subdivision opportunities and navigate the approval process to unlock additional development potential in this sought-after Sunshine Coast hinterland location.
Portfolio Strengths
Geographic Diversification
The portfolio spans key South East Queensland growth markets from hinterland locations like Beerwah and Maleny to premium coastal developments in Scarborough, Coolum Beach, and Pelican Waters.
Development Expertise
Demonstrated capability across multiple development types including subdivisions, luxury residential construction, multi-unit approvals, and waterfront developments.
Strategic Timing
Consistent evidence of strong market timing, from the early 2022 Scarborough settlement to the strategic 2024 Coolum Beach exit.
Approval Navigation
Proven expertise in securing complex development and operational works approvals, as evidenced by the successful Maleny townhouse project.
Market Positioning
Focus on premium locations and luxury developments, demonstrating understanding of high-value market segments across the region.
4. TYPICAL BUYERS
Our target customer base comprises discerning buyers seeking premium coastal lifestyle properties within the Sunshine Coast's sought-after beachside suburbs. Primary customers include successful professionals aged 35-55 relocating from southern states, particularly Sydney and Melbourne, who value quality construction, contemporary design, and proximity to pristine beaches. These buyers typically possess household incomes exceeding $200,000 annually and seek properties reflecting their success whilst embracing the relaxed Queensland coastal lifestyle. Secondary customers encompass affluent retirees, often downsizing from larger properties but unwilling to compromise on quality, location, or modern amenities. Investment buyers represent our tertiary market, seeking properties with strong rental yields and capital growth potential in proven locations. These investors understand that premium coastal properties with contemporary updates command higher rents and attract quality tenants. Our customers consistently prioritise location over price, understanding that beachside properties offer lifestyle benefits and long-term capital appreciation. They seek homes featuring modern kitchens, quality bathrooms, outdoor entertaining areas, and parking for multiple vehicles. Swimming pools and proximity to quality schools, shopping centres, and transport links are additional key considerations driving their purchasing decisions.
5. MEET THE TEAM
Leadership
Ursula Starkovsky - Founder & Managing Director
Ursula is a Swiss-born chartered accountant with over 25 years of property development experience across Switzerland and Australia. Her unique combination of financial expertise and hands-on construction knowledge ensures that projects meet both budget requirements and quality standards.
Ursula's proven track record includes successful subdivisions, luxury apartments, and premium home developments across the Sunshine Coast. She personally manages all aspects of development, from initial feasibility through to final sales, ensuring consistent quality and investor protection.
With her extensive experience and attention to detail, Ursula is able to navigate the complexities of property development and deliver exceptional results for her clients. Her leadership and commitment to excellence have been instrumental in establishing Starkovsky Developments as a trusted and respected name in the industry.
Our Partners
Construction Team
Our building partnerships span established Sunshine Coast contractors with extensive renovation and construction experience. These relationships, developed over multiple projects, ensure reliable pricing, quality workmanship, and adherence to project timelines. All contractors maintain appropriate licensing, insurance, and quality certifications required for premium residential work.
Professional Advisors
The team includes experienced solicitors specialising in property development and investor structuring, ensuring all legal aspects meet regulatory requirements whilst protecting investor interests. Our accounting partners provide ongoing financial management, taxation advice. Project managers coordinate trades, manage timelines, and maintain quality control across all construction phases.
Advisory Board
Drawing on extensive industry networks developed over decades of successful projects, Ursula maintains relationships with property valuers, real estate agents, finance brokers, and industry specialists who provide market insights and professional guidance supporting project success.
6. SWOT ANALYSIS
Strengths
Extensive development experience spanning 25+ years provides deep market knowledge and proven project management capabilities. Prime beachside location offers exceptional lifestyle appeal and strong capital growth potential. Established relationships with trusted builders, contractors, and professional advisors ensure reliable project delivery. Comprehensive feasibility analysis demonstrates strong profit potential with conservative projections. Streamlined approval process through private certifiers minimises regulatory delays. Strong local market fundamentals driven by continued interstate migration and limited coastal land supply.
Weaknesses
Single project focus concentrates risk compared to diversified property portfolios. Dependence on construction labour availability may impact project timelines. Limited brand recognition compared to established development companies. Reliance on external construction finance approval for project commencement.
Opportunities
Sunshine Coast property market continues experiencing unprecedented growth with limited quality stock available. Renovation approach allows value creation through strategic improvements rather than new construction costs. Multiple investor structure enables risk sharing and increased funding flexibility. Strong rental market provides exit strategy alternatives if sales market softens. Potential for additional similar projects within the local area given market demand.
Threats
Interest rate increases could impact construction costs and buyer demand. Material and labour cost inflation may exceed budget allowances. Weather delays during construction phase could extend project timeline. Market downturn could reduce sale prices below projections. Regulatory changes affecting development approvals or taxation treatment.
7. OUR PRODUCTS OR SERVICES
Property Development & Renovation Services
Topaz Projects specialises in identifying undervalued coastal properties with significant improvement potential, then executing comprehensive renovation programmes that maximise capital appreciation. Our services encompass initial property assessment, feasibility analysis, design development, regulatory approval coordination, construction management, and final sales or rental preparation. Each project utilises proven methodologies developed through decades of successful developments across various property types and market conditions.
Investment Management
We provide sophisticated investment structures allowing multiple investors to participate in carefully selected development opportunities. Our investor services include detailed project documentation, regular progress reporting, transparent financial management, and clearly defined exit strategies. All investments feature appropriate security measures including mortgage registration and comprehensive insurance coverage throughout project duration.
Project Management
Comprehensive project coordination ensures efficient delivery within budget and timeline parameters. Services include contractor selection and management, quality control oversight, regulatory compliance monitoring, and stakeholder communication. Our hands-on approach maintains direct involvement in all project aspects whilst leveraging specialist expertise where required.
Market Analysis & Advisory
Drawing on extensive local market knowledge, we provide detailed market analysis supporting investment decisions. This includes comparable sales analysis, rental yield assessments, demographic trends evaluation, and future development impact considerations. Our advisory services help investors understand market dynamics and make informed investment decisions based on comprehensive data analysis.
8. MARKET COMPARABLES
Market Comparables Analysis - 136A Oceanic Drive, Warana
The proposed development at 136A Oceanic Drive, Warana, with an anticipated sale price of $2.85-$2.95 million, is strategically positioned within one of the Sunshine Coast's most coveted beachfront corridors. Warana's median house price currently sits at $1,467,500 with strong annual capital growth of 14.20%, demonstrating robust market fundamentals supporting premium developments.
Comparable Properties & Market Evidence
Oceanic Drive represents the pinnacle of Warana's residential market, with recent comparable sales including 17 Oceanic Drive, a beachfront property positioned on 546m² with 426m² under roof for $2.86 million. These properties demonstrate the premium commanded by direct beach access and water views in this exclusive enclave.
The broader Warana market shows 65 house sales in the past 12 months with a median sale price of $1.4 million, representing 23.5% annual growth, significantly outperforming regional averages. Properties with water views and proximity to beach access command substantial premiums above these median figures.
Market Positioning & Growth Drivers
The Sunshine Coast recorded property price growth of 7.8% in 2024, making it the fourth most expensive property market and positioned above Brisbane. The region benefits from sustained interstate migration, with the Sunshine Coast capturing 9.1% of interstate migration in the last quarter of 2024, driven by lifestyle appeal and infrastructure development.
The proposed price range of $2.85-$2.95 million represents appropriate positioning for a luxury renovation considering the scarcity of beachfront land and the demonstrated appetite for luxury coastal properties in this established market.
9. ROADMAP AND GROWTH OPPORTUNITIES
Phase 1: Project Execution (Months 1-3)
Secure construction finance approval and finalise gap funding from investors. Complete detailed building plans and obtain all required permits through private certifier processes. Engage contractors and commence structural renovations including internal modifications, balcony safety upgrades, and window replacements. Establish project management systems and investor reporting protocols. Begin material procurement and site preparation activities.
Phase 2: Major Construction (Months 4-7)
Execute primary renovation works including fifth bedroom addition with ensuite, stone cladding installation, and pool area transformation. Complete electrical and plumbing upgrades throughout the property. Install new kitchen and bathroom finishes. Implement landscaping improvements and fence modifications. Conduct regular quality inspections and progress reporting to investors.
Phase 3: Completion & Sale (Months 8-10)
Finalise all construction works and obtain completion certificates. Conduct professional styling and photography preparation. Launch marketing campaign targeting premium buyer segments. Coordinate property inspections and negotiate sale terms. Complete settlement processes and distribute returns to investors according to agreed structures.
Future Growth Opportunities
Establish ongoing development pipeline through additional coastal property acquisitions. Develop investor base for larger projects including apartment developments or commercial properties. Explore joint venture opportunities with other experienced developers. Consider establishing discretionary fund structure for multiple simultaneous projects. Expand geographic focus to include other high-growth coastal regions across Queensland.
10. USE OF CAPITAL
Property Acquisition - $1,875,000
Purchase price for 136A Oceanic Drive, Warana, representing a well-located coastal property with significant renovation potential. The acquisition cost reflects current market conditions whilst providing sufficient margin for value creation through strategic improvements. Associated acquisition costs including stamp duty ($100,000) and legal fees ($5,000) ensure clean title transfer and appropriate investor protections.
Renovation Investment - $445,000
Comprehensive renovation budget covering structural modifications, aesthetic improvements, and compliance upgrades. Major components include internal renovations ($186,000), fifth bedroom addition with ensuite ($80,000), balcony safety works ($45,000), stone cladding installation ($35,000), pool area renovation ($40,000), window replacements ($25,000), and landscaping improvements ($21,000). Ten percent contingency allowance ($45,000) provides buffer for unexpected costs or scope variations.
Holding & Operating Costs - $20,000
Property maintenance, insurance, and carrying costs during renovation period. Marketing expenses ($15,000) cover professional photography, styling, advertising, and sales agent commissions ensuring optimal market presentation and buyer attraction.
Finance Costs - $184,519
Construction loan establishment fees and interest charges based on 75% LVR financing arrangement. Gap funding interest payments to investors at 18% per annum over estimated 10-month project duration totalling $131,250.
Total Project Investment - $2,509,519
Comprehensive budget ensuring adequate capital for successful project completion and investor return generation whilst maintaining conservative projections and appropriate risk management.
INVESTMENT PROCESS GUIDE
Expression of Interest Submission
The investment process begins with submitting your Expression of Interest (EOI) through our project page portal. This initial step requires:
● Detailed outline of proposed investment terms and conditions
● Specific requirements or requests related to the investment
● Supporting documentation that strengthens your expression of interest
● Clear statement of intended investment amount and structure
Note: All expressions of interest at this stage are non-binding and serve as a foundation for further discussion.
Draft Term Sheet Development
Upon acceptance of your EOI, we will prepare a comprehensive draft term sheet that outlines:
● Proposed investment structure and deliverables
● Detailed timeline for investment completion
● Payment terms and schedule
● Key performance indicators and milestones
● Rights and obligations of all parties
● Governance arrangements and reporting requirements
Both parties will have the opportunity to review and negotiate the terms before proceeding to the next stage. This collaborative approach ensures alignment of interests and expectations.
Due Diligence Process
A thorough due diligence process is essential to protect your interests and verify all aspects of the investment opportunity.
This stage includes: Financial Review
● Analysis of historical financial statements
● Review of financial projections and assumptions
● Assessment of cash flow and working capital requirements
● Evaluation of existing debt and liabilities Legal and Regulatory Review
● Verification of corporate documentation
● Review of existing contracts and agreements
● Assessment of regulatory compliance
● Examination of intellectual property rights Operational Assessment
● Review of business model and operations
● Analysis of market position and competition
● Assessment of management team capabilities
● Evaluation of growth potential and risks Reputation and Track Record
● Background checks on key stakeholders
● Review of past performance and track record
● Assessment of industry reputation
● Analysis of customer and supplier relationships
Final Agreement Execution
The final agreement serves as the legally binding document governing the investment relationship. This agreement will:
● Incorporate all negotiated terms and conditions
● Detail the rights and obligations of all parties
● Specify dispute resolution procedures
● Include all necessary warranties and representations
● Outline reporting and communication requirements
● Specify conditions precedent to completion
All parties should seek independent legal advice before executing the final agreement.
5
Investment Completion
The final stage involves the secure transfer of investment funds:
● Fund Transfer Process Obtain final clearance from legal and accounting advisers
● Prepare necessary documentation for fund transfer Initiate transfer through approved financial institution
● Transfer funds to designated solicitor's trust account or as agreed
Important Considerations
● Ensure compliance with anti-money laundering regulations
● Maintain clear documentation of the transfer process
● Obtain written confirmation of fund receipt
● Verify that all conditions precedent have been satisfied Post-Investment Steps
● Confirm receipt of share certificates or investment documentation
● Establish ongoing reporting and communication channels
● Implement agreed governance arrangements
● Schedule initial post-investment review meeting
This investment process has been designed to protect the interests of all parties whilst ensuring a smooth and efficient transaction. Each step includes appropriate safeguards and verification procedures to minimise risk and maximise the potential for successful outcomes.
11. CONTACT DETAILS AND THANKS
Investment Enquiries
Ursula Starkovsky
Founder & Managing Director
Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust
Address: 175 Yeates Road, Beerwah QLD 4519
Phone: +61 459 995 979
Email: ustarkov@outlook.com
ABN: 18 631 031 902
Office Hours: Monday to Friday, 9:00 AM - 5:00 PM AEST
Appointments: Available by arrangement including weekends for property inspections
Important Disclaimer
This Information Memorandum contains general information only and does not constitute financial, investment, legal or tax advice. All potential investors should seek independent professional advice before making any investment decisions. Past performance does not guarantee future results. All investments carry risk including potential loss of capital. This document is confidential and intended solely for the use of prospective investors.
Thank You
Thank you for considering this investment opportunity with Topaz Projects. We appreciate your interest in joining us for this exciting coastal development project. Our commitment to transparency, professional management, and investor success drives everything we do. We look forward to discussing how this opportunity aligns with your investment objectives and answering any questions you may have about the project.
Professional Advisors Available
We can provide referrals to independent financial advisors, taxation specialists, and legal practitioners familiar with property investment structures to ensure you have access to appropriate professional guidance throughout your investment consideration process.
This memorandum prepared June 2025 by Topaz Projects Pty Ltd ATF Topaz Properties Discretionary Trust