This document summarizes an investment opportunity in a residential property development syndicate. The syndicate will raise up to $2 million from investors through the sale of Redeemable Interest Bearing Preference Shares paying 20% annual interest. The funds will be lent to a development trust to acquire and develop residential properties in Western Australia into multiple rental units. Completed properties will be sold to the Residential Property Investment Trust to be rented or re-sold, with investors' principal and interest repaid after 12 months. Senior debt financing of $10 million will also be provided by an institutional lender.

1. Cashbox
FINANCE
U n i q u e I n v e s t m e n t
Oppo r t u n i t i e s i n
P r o p e r t y
PRIVATE OFFER

2. ASSET CLASS -
RESIDENTIAL
PROPERTY
ISSUER
BORROWER
BUYER
INTEREST
RATE
INTEREST
PAYMENT
MINIMUM
TERM
SECURITY
SENIOR
LENDER
STERLING
FIRST
KEY FEATURES
Residential property at or below the median house price, all with the capability of being
constructed with a minimum of dual key premises (a house with two rentable units).
Recent changes in WA planning regulations allow for multiple key dwellings to be
constructed and independently leased allowing greater rental yields
Syndicate Company (Sterling Development Syndicate PL)
Development Trust (Acquest Property PL as Trustee for the RPIT Development Sub Trust
No. 2)
The Development Trust borrows the funds from the Syndicate Company and from
a Senior Lender to acquire the properties and construct the multi key dwellings
RPIT (Acquest Property PL as Trustee for the Residential Property Rental Trust
(A wholly owned Sub-Trust A (”Rental Sub Trust”))
The Rental Sub-Trust is part of RPIT and has agreed to acquire all the properties produced
by the Development Trust. RPIT in the majority of cases sells Life Leases on each of the
units acquired in a multi key property pursuant to its Sterling New Life program. If it is
unable to sell life leases on a particular property it will sell that property to an investor
20% per annum fixed until redemption
Quarterly.
Paid on 31 July, 31 October, 31 January and 31 April.
Interest is paid based on the number of days invested in the quarter
12 months
Redemption offered to Redeemable Interest Bearing Preference Share (RIBPS) holders on
the 12 month anniversary of their original investment
2nd ranking mortgage and fixed and floating charge over the Development Trust and its
assets held by the Syndicate Company
An institutional holder has agreed to advance $10 million to the Development Trust based
on a maximum loan to value ratio of 75% and having 1st ranking mortgages and a 1st
ranking fixed and floating charge
Sterling First is a property services, funds management and property management group and
is the parent company of the Syndicate Group
The Residential Property Investment Trust (RPIT) is a registered stapled trust with Theta
Asset Management Limited as the independent responsible entity. The RPIT is designed to
own multi key residential property either for rental or on-sale
The Development Trust will utilise the funds from the Senior Lender and the Syndicate
Company to initially acquire approximately 20 properties. These properties must have
the following characteristics;
- May be a new building land lot or an existing house
- Must be able to construct or convert into a minimum of two residences
- Sterling First must have identified the property as a strong candidate for the sale of life
leases
- Fixed price building contracts secured from Sterling First’s panel of builders
- RPIT must agree to enter into a put and call option to acquire the property at an agreed
margin sufficient to make the interest payments due to the Senior Lender and the
Syndicate Company
RPIT
USE
OF
FUNDS

3. THE OFFER
ISSUE
SIZE
MINIMUM
INVESTMENT
SECURITY
RANKING
INTEREST
RATE
MINIMUM
TERM
BONUS
INTEREST
USE
OF
FUNDS
Up to $2,000,000 in Redeemable Interest Bearing Preference Shares (RIBPS)
$25,000.00 and thereafter in increments of $5,000.00
2nd Ranking Security
2nd ranking mortgage and 2nd fixed and floating charge over the Development Trust
and its assets held by the Syndicate Company
20% per annum plus Bonus Interest detailed below
A cumulative non-compounding interest payment at the rate of 20% per annum fixed
until redemption
The interest will be payable quarterly in arrears on 31 July, 31 October, 31 January and
30 April for the previous quarters respectively
Interest on an investment made during a quarter is taken from the day of investment to
the end of that quarter
12 months
Then 12 months thereafter
On the 12 month anniversary, RIBPS holders can apply to redeem their shares at $1.00
per RIBPS. the Company must use its best endeavours to redeem the RIBPSs within 3
months of redemption application through either a further capital raising or through the
repayment of the Facility by the Development Sub Trust
At redemption, holders will be paid the redemption amounts plus any accumulated
unpaid interest
6% interest bonus for Non Redemption
Where a RIBPS holder elects not to redeem, at each anniversary a 6% lump sum will
be paid at the next interest payment date after that 12 month anniversary
The Syndicate Company will lend the funds via a secured loan to the Development Trust
so it can acquire a combination of residential lots and existing residential houses, and
convert them into multi key dwellings. The Development Trust will have a put and call
agreement with the RPIT to on sell all completed properties at an agreed price
Investment in a Sterling Residential Development Syndicate can only be made by completing a valid application
form attached to a current Private Offer Document. The Private Offer Document is only provided to a limited number
of investors for the sole purpose of providing financial and other information to enable recipients to evaluate their
interest in participating in the Offer described in the Private Offering Document. All of these Offers fall within the
exceptions contained inside section 708 of the Corporations Act and as such a Prospectus is not required.
Prospective investors should make their own independent evaluation of an investment and it is recommended that
they seek independent financial advice. This document and its contents have been distributed in confidence and may
not be reproduced or disclosed to third parties or made public in any way without the written permission from the
directors of Sterling Residential Development Syndicate (WA) Pty Ltd (“the Syndicate Company” or “Company”).

4. EXPRESSION OF INTEREST
INVESTING
If you are interested in investing, please complete the expression of interest form, return to Cashbox
Finance and we will send you the Financial Services Guide
$25,000 – $50,000 $50,000 – $100,000
Name
Telephone
Address
Email
I am interested in investing:
$100,000 – $250,000
$250,000 – $500,000 $500,000 – $1,000,000 Over $1,000,000
Please return by;
Post: Suite 4, 186 Main Street Osborne Park WA 6017
Email: info@cashboxfinance.com.au
Any advice that you receive from Cashbox Finance does not take into account your objectives, financial situation
or needs, even if may appear to do so. In all cases you should seek independent advice from a suitably qualified
professional to ensure that the decision that you make is well suited to your objectives, financial situation and
needs.
Cashbox Finance is not licensed to provide personal financial advice and can only provide financial product
advice that does not take into account your objectives, financial situation and needs.
Strategic Equity Solutions PL ATF The Cashbox
Finance Unit Trust t/a Cashbox Finance
ABN 95 601 846 824
Telephone: 08 9349 1445
ASSET
EDGE
PROPERTY GROUP
Property Partner
Licensed Real Estate Agent (WA)
Telephone: 08 9440 0058
www.cashboxfinance.com.au info@cashboxfinance.com.au