Brisbane City Residential Land Estate Paying
UP TO 16%*pa RETURN
OFFER CLOSES IN
Minimum investment
$100,000
Duration
24 Months
Return
Up to 16%* pa
Paid on Completion
Authorised Intermediary
ACN 165 917 813 AFSL 464772
Suite 1, 2 Loraine St,
Capalaba QLD 4157
Phone: 07 2112 9090
www.rhodesam.com.au
Corporate Lawyer
ABN 84 073 684 093
Level 21, 123 Eagle Street,
Brisbane QLD 4000
Phone: 07 3224 0222
www.mullinslawyers.com.au
Accountants & Advisors
ACN 698 074 811
Level 3, 520 Wickham Street
Fortitude Valley QLD 4006
Phone: 07 3253 1500
www.ahjackson.com
Project Manager
ACN 163 961 466 QBCC 15119068
Level 1, 1024 Ann St
Fortitude Valley QLD 4006
Phone: 07 3607 7603
www.adpen.com.au
Project Investment
41 Residential Lots
*Target Returns of 16%pa for investments of $250,000 or more and Target Returns of 14%pa for investments between $100,000 and $249,999. The Offer is only available to persons who qualify as wholesale clients (as defined in Section 761G of the Corporations Act) or sophisticated investors (subSections 708(1) and (8 –11) of the Act and to parties whose participation in the Offer allows the Company to comply with Section 708 of the Corporations Act.
Download Investment Memorandum Overview
Investment Overview
- Direct ownership via preference shares in The Company
- Secured by a second mortgage
- Up to 16% pa* return plus 100% return of capital
- Short investment term (target 24 months or less)
- Buffer for investors: project, equity, profit and returns must be fully eroded before investor funds could be impacted
Project Overview
Location
This Project is located approximately 15km north of Brisbane, in Brisbane City Council. According to Brisbane City Council, the LGA population is 1,355,640 as at June 2024.
Population
Project Manager Details
ADAM PENNISI
DIRECTOR – ADPEN
Adam is a highly qualified and experienced civil engineer with some $689 million of engineering projects to his credit and is the driving force behind ADPEN’s multi hundred million dollar projects. With a total of over 12 property developments completed to date and others currently under construction, Adam has the ability to deliver a project of this magnitude. Over his career, Adam has built a strong following of investors who recognise his expert skillsets and who have financially benefitted from his property expertise.
13 Yrs
In Operation
Zero
Capital Loss
100%
Returns Paid
Project Team
Our project team for Beckett Reserve have a proven track record of delivering many property projects including a number of Adpen projects. Adpen has long standing relationships with our project team and we are confident on their ability to deliver our projects.
TOWN PLANNER
LIAM DONALD (DTS Urban Planning)
Liam has been a practicing planner in Queensland for over 15 years specialising in master planned communities, residential subdivision, commercial and industrial sectors. Liam is actively involved in residential development from approvals for housing, to large multiple dwelling and mixed use developments. His Liam and the DTS team have been involved with multiple Adpen projects since circa 2018.
CIVIL ENGINEER
ANTHONY RICKERT (Director Civil 360)
Anthony has over 10 years engineering design and project management experience. He has made an extensive contribution to the formation of many major developments across South-East Queensland, including for other large private and public developers. He has experience with design and feasibility, master planning, bulk earthworks, detailed engineering design, contract administration and construction supervision. Anthony is a Director of Civil 360, a south east Queensland based engineering company founded in 2017.
Anthony and the Civil 360 team have been involved in three of Adpen’s projects since 2022.
ECOLOGIST
WAYNE MOFFITT (28oS Environmental)
Wayne Moffitt brings 27 years of expertise as an environmental manager and ecologist across Queensland, New South Wales, and Victoria, with deep knowledge of regional ecosystems, land management challenges, and regulatory frameworks. Wayne is highly experienced in navigating approval processes and providing expert evidence.
Wayne and 28oS has worked with Adpen and its related parties since 2016.
Property Lawyer
TONY NEWTON (Director Newton Lawyers)
Tony was admitted as a solicitor in 2000 and has practised in property and commercial law in Queensland continuously since then. Tony has client’s from private individuals to publicly listed and government corporations. Tony also has experience in litigation, banking and finance. Tony is the director of Newton Solicitors, based in Brisbane.
Tony and Newton Solicitors has acted for Adpen and its related parties on a significant number of Adpen projects since 2018.
David Williams - partner
Corporate Lawyer
David has practised as a lawyer in private and corporate practice for over 40 years. He is a strategic adviser to private equity and public companies on commercial matter. David is actively involved in two Governance and three Advisory Boards.
David is a partner at Mullins Lawyers and has worked directly with Adpen since 2018. David and the Mullins team have been responsible for assisting with and including corporate compliance, commercial leasing, loan documentation, contract advice, construction advice on a number of Adpen projects.
Emmanuel Georga - Partner
Accountant and Advisors
Emmanuel Georga has over 25 years experience in accounting and taxation, holding membership with both Chartered Accountants Australia and New Zealand (CA) and The Tax Institute as a Chartered Tax Advisor (CTA). Emmanuel has honed his expertise across diverse sectors including retail, property, health, financial services, and agribusiness.
Emmanuel & The AH Jackson & Co team have been working with Adpen as their tax agents and business advisors since 2018.
Authorised Intermediary
ACN 165 917 813 AFSL 464772
Rhodes Asset Management Ltd is an independent Australian funds manager and was established in 2013. They hold an Australian Financial Services Licence (AFSL) (No: 464772), specialising in a comprehensive range of compliance and administrative services, as well as their own products.
WALLY DJACHENKO
MANAGING DIRECTOR & RESPONSIBLE MANAGER
Wally is an experienced accountant and manager with a background of 35 years in business and 14 years in financial services. During this time he served in the public corporate sector as chief technical officer, business analyst, and managing director, and since then has worked as a business adviser, financial adviser, accountant and company director. He has extensive experience in business structuring, and business and financial advice. He holds a Bachelor of Commerce from the University of Queensland and is a Fellow of the Institute of Public Accountants.
ian chester-master
director, responsible manager, & compliance manager
Ian has 40 years experience in the Financial Services industry, including Financial Services management roles & over 20 years as a Certified Financial Planner (CFP). He is a former Chairman of the Financial Planning Association (Brisbane Chapter), as well as a Fellow and Distinguished Service Award recipient. Ian is also a former University Lecturer in Financial Planning & Superannuation at Graduate and Masters levels.
Javier Arango
Director & Fund Manager
With more than 25 years in the financial sector, Javier has occupied senior positions across various firms, accumulating significant expertise in investment operations and funds management. Before joining Rhodes Asset Management, Javier played a pivotal role in launching a contributory mortgage scheme for a credit firm in Queensland. Javier brings a wealth of experience to the Funds Management team within Rhodes Asset management.
Global Investment Firm
Adpen is an investment and development firm that delivers cutting edge projects through creating an experience that encapsulates care, transparency and return on investment. We have an ability to deliver projects through our property expertise while generating predictable investment returns by maximising investment yield and mitigating downside risk.
Our mission is to create strong and long-lasting relationships with our Investors and funders by selecting profitable investments with a focus on delivering predictable investment returns. We invest directly across various high-growth real estate assets with select individual Investors, private and institutional funds.
We carry out intensive studies and due diligence, combining years of knowledge from industry leading experts in order to identify undervalued property segments and source selected sites that deliver investments with the highest and best use. Because of this, we consistently make sound investment decisions which secure investment returns.
At Adpen, we identify profitable investments through the use of arbitrary technology and selecting the best opportunities. Our investment model is a proven system that focuses on identifying opportunities that present maximum return. Throughout the maturity of each investment, we ensure returns are maximised through our management processes and our speed to market. With our value-add strategies, we invest across real estate asset classes to ensure the upside of every investment.
About Adpen
Our Investments
We invest across selective regions and real estate asset classes that outperform the market. Our rigorous research allows us to take advantage of opportunities not apparent to most.
Our Performance
We pride ourselves on selecting quality investments across a broad range of real estate asset classes and through everchanging market cycles. Our performance is paramount, and we deliver results beyond expectation.
Providing financial comfort
We carry out rigorous due diligence which assists us to provide strong returns, with the aim of growing investors capital across all markets.
We help thousands of Investors generate strong returns through investments, either directly with us or through private and institutional funds.
Value Add Process
At ADPEN, we understand the needs of the market is imperative to our vision. Never satisfied with the status quo, we collaborate with the finest of architects, designers and consultants to ensure our projects are steeped in quality and align with the needs and wants of our clients. Likewise, the acquisition process is just as crucial. Incredibly meticulous, we search for overlooked investment opportunities, only settling for those that offer the greatest profitability and returns for our investors. We then follow with a rigorous value add process, delivering additional value at each step of the project to ensure our investments become meaningful landmarks when they rise. Our absolute attention to quality, value and profitability at each stage of the value add process allows us to deliver cutting-edge properties that offer value unlike any other.
First, we seek out highly profitable investment opportunities that have been overlooked by other investors. These are sites that we know we can add greater value to than others in the market.
We then calculate the highest and best use for the investment, determining the maximum return and value that can be gained.
Next, we formally document the value add potential of the property. This documentation allows us to secure funding for the investment. Both of these steps add additional value to the project.
Once leases have been secured, we begin construction based on our documented and approved construction drawings.
Our internal buying team seeks out highly profitable investment opportunities through off-market acquisitions.
We undertake feasibility and highest and best use studies to determine if the target site meets our criteria including investigation of road upgrades, surrounding land development, and multiple potential feasibilities.
At this stage, we also complete financial modelling of the investment and assess its saleability, determining multiple exit strategies and possible long-term hold strategies.
We finalise the overall design of the project and build a strategy with our expert consultants for lodging a Development Application with the local planning authority.
We document the project feasibility and compile all supporting documentation, including a full valuation study. On completion, we then partner with select investors and lenders who will share in the investment profits.
We create renders, videos and sales pages to launch the project to the public or through business relationships to secure sales and/or anchor tenancies.
Financial close and settlement of financing for the project will be completed and the construction commenced.
Full project drawings will be completed and fixed price construction contract based on fully documented construction drawings, unless otherwise decided based on the most applicable contractual arrangements.
Project completion will occur with the completion of construction and/or the settlement of all sales purchases.
Our Team
Adpen’s development success is driven by a passionate team of development experts.
With substantial collective experience in property development, design, construction, and real estate sales, our team has intimate, first-hand experience in the complexities of property and a thorough understanding of client needs.
This is at the core of who we are – delivering exceptional projects that set an unprecedented high standard for all aspects of research, design, and development, and that demonstrate the values that we bring to all our work.
Muriel Pennisi
Business Support
What's next?
2
We will contact you and provide further information about the opportunity
3
Be approved to invest into The Company
Copyright 2026 © Adpen • All rights Reserved
P +61 07 3607 7603 (Mon-Fri 8.30am-6pm) E. info@adpen.com.au
QBCC 15119068
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General Financial Services Disclaimer
The information provided on the Adpen website and through our services is general in nature. It has been prepared without considering your specific financial needs, circumstances, or objectives and should not be construed as financial, taxation, or legal advice. Before making any financial decision or acquiring any financial product, consult the relevant disclosure documents and consider their contents. Past performance of financial and real property assets is not a reliable indicator of future performance.
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