Gateway on Palmer

HOME /

Gateway on Palmer is Townsville’s next generation in resort-style, managed and residential apartment accommodation. A 12 storey tower on the waterfront with a key CBD - fringe location. 112 apartments: - 24 residential - 88 managed.

Act now to take advantage of this unique investment opportunity. Visit our Sales and Display Centre and be part of Townsville’s success story.

The official launch of Gateway on Palmer was a huge success. Held in the new Palmer Street Display Centre on Saturday, January 29, the event attracted hundreds of people who came view the displays and enjoy the celebration.

There were many astute buyers and in just the first week an impressive 25% of the project has been sold. Don't miss out. Visit our Sales & Display Centre today.

Investors

Apartment Interest
Quantum Property Syndicate No 16 ARSN 119-871-091

This investment would suit an investor looking for long-term income and capital appreciation. Taxation benefits in the form of delayed capital gains tax and negative gearing will benefit this type of investment.
The forecast reduction in the overall price of a Standard Apartment compared to a typical apartment in the same location is expected to be approximately 20% on current prices. This is based on a typical apartment and will be finalised in the PDS.
By purchasing an Apartment Interest, an Investor will secure an apartment that can be professionally managed (please refer to the PDS).

Development Interest
via the Quantum Property and Opportunity Fund ARSN 118-319-365

The Development Interest will be via an investment in the Quantum Property & Opportunity Fund. This Fund will target development investments that forecast at least 15% pa return on investment with a fixed quarterly income support paid at 7.5% pa (please refer to this PDS).
In effect each investor will become a developer in the project (and other similar projects) in which Quantum will manage their investment under the Fund.

This is only an outline of the information that is presented to potential investors via a Product Disclosure Statement (PDS) for each Interest. The forecast figures provided are estimates only and will be fully detailed in the PDS. An investor should not use this information to decide whether to invest in Quantum Property Syndicate No.16 or Quantum Property and Opportunity Fund. Investments in the Syndicate or Fund will only be offered after an investor has received a PDS, and has completed the application form found in the PDS. Investors should consider the PDS and their objectives, financial situation and needs in deciding to acquire, or continue to hold the product. This information has been prepared without taking into account your objectives, financial situation or needs. The taxation information provided is a general statement only and is based on a continuation of current tax laws and interpretation. Your individual position may differ and you should seek independent tax advice.