Register your details below or call 03 8681 2222

// MAB Quays Mezzanine Fund

Established

May 2012

Completed

Nov 2013

The Quays was MAB’s twelfth major project at Docklands and represented the final piece of New Quay’s eastern waterfront.

The Quays towers share a common Podium consisting of 96 apartments, 539 car parks and around 1000m2 of retail space. The South tower contains 275 apartments over 32 levels. The North tower contains 246 apartments of 27 levels.

The facilities include a 25 metre pool, gymnasium, sauna, spa, yoga rooms, conference facilities and a fully equipped residents lounge. The Podium rooftop incorporates a tennis court, club rooms and gardens.

Funds Returns:

The fund made a loan to the developer secured by a second ranking mortgage at a loan to value ratio of between 72 to 85%. The fund provided an Internal Rate of Return of 20%.