For those interested in being a founding member of a Property Development Trust designed to buy a single DA Approved site and build residential units in Queensland's South East between Noosa and Tweed Heads ideally in lower socio economic areas where affordable housing is in short supply. Primary goal to provide development profits to unit holders. Target Loan to value ratio (LVR) will be such that it will provide limited recourse to unit holders limiting the banks security to the property itself (No Personal Guarantees). This unit trust will be established with the view to lease and hold the asset for 5 years and then sell the asset (Taking advantage of any 5 year tax and depreciation incentives).