<a href="https://www.apartments.com.au/developments/collingwood-vic-3066">Collingwood</a>’s northern edge continues to sharpen its reputation as one of Melbourne’s most compelling cultural precincts, where established creative institutions, leading hospitality, and independent fashion converge within a tightly held inner-city neighbourhood.

Set within this evolving pocket, <a href="https://www.apartments.com.au/new-apartments/derby-street-by-milieu-collingwood-4-derby-street-collingwood-vic-3066">Derby Street by Milieu</a> draws on a location that balances proximity to some of the inner north’s most influential destinations with the quieter, tree-lined character that defines the streets edging East Melbourne. Positioned just moments from both Smith and Gertrude Streets, the address sits on the periphery of Collingwood’s cultural core, offering immediate access without the intensity of its busiest frontages.&nbsp;

[smartcode_project:default project_id=145576 project_image_fid=355945]

Gertrude Street, in particular, anchors the area’s identity as a destination for Melbourne’s leading food, art and fashion. Within a short walk, venues such as Marion, Cutler &amp; Co, IDES and the Builders Arms Hotel define a tightly curated dining scene with enduring citywide appeal, complemented by a strong fashion and retail presence including Havn, Le Labo and a selection of independent boutiques.

Nearby, institutions such as the Australian Print Workshop and Collingwood Yards sustain a constant rhythm of exhibitions, performances and creative output, embedding art and culture into the everyday fabric of the neighbourhood.

Smith Street, running parallel, extends this offering with a broader mix of hospitality and nightlife, maintaining its status as one of Melbourne’s most active inner-urban strips.

Beyond these high-energy streets, the immediate surrounds shift in tone. Derby Street and its neighbouring blocks are defined by low-rise heritage terraces, mature trees and a settled residential character. Fitzroy Gardens and Carlton Gardens are both within walking distance, alongside the Royal Exhibition Building and Melbourne Museum, bringing together green space and cultural landmarks within minutes of home.

[smartcode_project:default project_id=145576 project_image_fid=355985]

Connectivity remains a key advantage. The CBD sits within easy reach, accessible by tram along Smith Street in around 20 minutes, while also remaining close enough to walk or cycle, supported by the inner north’s established bike network.&nbsp;

<a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a>’s long-standing connection to Collingwood underpins the project’s approach. With a portfolio that includes multiple nearby developments across Bedford, Peel and Napier Streets, the developer brings a sustained understanding of the area’s character and evolution. Derby Street continues this trajectory as a collaboration with award-winning Melbourne-based <a href="https://www.apartments.com.au/architects/studio-bright">Studio Bright</a>, marking the practice’s first multi-residential project in the inner north and reflecting a shared focus on design integrity and contextual response.&nbsp;

Balancing connection to the neighbourhood with a sense of seclusion and refuge, Derby Street by Milieu embodies a level of care and craft typically reserved for single residential projects. Comprising 22 residences across six storeys, with two to four-bedroom configurations priced from $1.15 million, the project is currently under construction with completion expected in late 2027.&nbsp;

[smartcode_project_cta:default project_id=145576]

Joel Robinson

Derby Street by Milieu, at the top end of Collingwood

A rare new apartment development in the Blue Mountains is the latest in a string of State Significant Development Applications submitted through the New South Wales Government's Housing Delivery Authority.

A total of 270 apartments are being proposed for the 1.16-hectare site at <a href="https://www.apartments.com.au/new-apartments/blue-mountains-alpine-retreat-142-150-narrow-neck-road-katoomba-nsw-2780">142–150 Narrow Neck Road in Katoomba</a>, a parcel of land adjoining the former Katoomba Golf Course. The site was acquired for $3.85 million in 2021 by private developer VDM Prime.

The apartments, comprising a mix of serviced apartments, affordable housing, and traditional build-to-sell product, will be spread across eight low-rise buildings, along with a separate building for a new restaurant, arranged around a green spine that leads to a central park.

<img alt="Katoomba" data-entity-type="file" data-entity-uuid="ee9a2072-f465-44f1-9076-80c9c8ecca02" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-22%20at%209.20.21%E2%80%AFAM.png?VersionId=4bT0vQ7j_syl65wcrJmHGm3m5pTvwrY_" />

The Urban Design Report by Atlas Urban says the vision is to create a "contemporary mountain precinct that is responsive to its escarpment landscape, heritage character, and community context."

"The development responds to the current housing supply and affordability challenges identified under the NSW Housing Delivery Authority (HDA), providing a balanced mix of standard, affordable, and short-stay accommodation," the report noted.

"By introducing a variety of dwelling types and tenures, the proposal supports intergenerational living, local workforce retention, and greater housing choice within an area constrained by topography, heritage, and environmental protections."

Of the 270 units proposed, 52 will be serviced apartments. The remainder will comprise 54 studios, 121 one-bedroom units, 39 two-bedroom apartments, and four three- to four-bedroom residences.

<img alt="Katoomba" data-entity-type="file" data-entity-uuid="f704508d-1bdf-4170-955d-0256652402a7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-22%20at%209.56.49%E2%80%AFAM.png?VersionId=TzarHMO4gTOsblCqsbJQkvMqWj9nu2Au" />

The Design Report, by VDM Prime and appointed architect Antoniades Architects, noted that the design seeks to "provide a built form outcome that is highly considered, respectful and contextually fitting, whilst contributing positively to an evolving precinct."

"The site offers three frontages and the opportunity to provide a meaningful interface with the public domain environment. the design has a sympathetic response to streetscape and the green open space that surrounds the site."

The report states that the buildings are broken up to establish an appropriate bulk and scale, emphasised through height and setback strategies and defined through articulation that supports the transition of precinct granularity. It also notes that a central communal open space is established through the site to enhance the social dynamic and access to amenity, including natural ventilation and light to the apartments. The east and west frontages receive solar access during the morning and afternoon, whilst maximising views to the green open space.

The site adjoins the recently completed Yarrabee Katoomba development, comprising 24 duplexes that were completed last year and sold through McGrath Projects.

The relatively new Housing Delivery Authority pathway established by the NSW Government allows developers to submit State Significant Development Applications through a fast-tracked state process, effectively reducing reliance on local council approval pathways and aiming to accelerate housing delivery across New South Wales.

First look: Nearly 300 apartments pitched on former Katoomba golf course site

In Melbourne’s established inner east, the qualities that define a traditional house, width, height, and access to open ground, are increasingly difficult to replicate in new residential developments. Larger landholdings are scarce, and with them, the ability to create apartments that extend beyond compact, internalised layouts.&nbsp;

In <a href="https://www.apartments.com.au/developments/kew-vic-3101">Kew</a>, where the residential fabric is shaped by generous setbacks and mature tree canopies, that tension is especially visible.

<a href="https://www.apartments.com.au/developers/ricdanic-investments-pty-ltd">Ricdanic</a>&nbsp;is bringing forward a boutique collection of just 13 residences across two buildings at 9–11 Wimba Avenue, Kew. Comprising six homes at No.9 and seven at No.11, the project sits on a quiet, tree-lined street just off Cotham Road.&nbsp;

Each apartment has been planned with a level of independence more commonly associated with standalone dwellings, balancing privacy with the efficiencies of apartment living.

Architect Chris Idle, who has been practising for over two decades, says projects like this don’t come along often.

“There are very few opportunities to do these kinds of developments in leafy, established suburbs,” he explains. “To get this level of amenity, natural light, and architectural freedom in such a setting is extremely rare.”

[smartcode_project:default project_id=140755 project_image_fid=366267]

The internal planning begins with width. Living areas extend beyond five metres, allowing furniture, circulation, and glazing to sit comfortably within the same zone without compression. Ceiling heights shift from three metres through to five metres in select areas, changing the sense of scale as you move through the apartment. These proportions are paired with double-glazed windows and fully electric systems, balancing volume with performance, supported by a 7.2 NatHERS energy rating.&nbsp;

From the main living space, the apartments open directly outward. Large sliding doors connect to private gardens averaging 125 square metres, with some residences also incorporating balconies of around 60 square metres. Rather than acting as secondary outdoor zones, these areas sit flush with the internal floor level, extending the usable footprint of the home and allowing for multiple modes of use, whether for quiet daily routines or larger gatherings.&nbsp;

The landscape, led by <a href="https://www.apartments.com.au/landscape-architect/john-patrick-landscape-architects">John Patrick</a>, reinforces this relationship. Across the site, 23 different plant species have been introduced, including a mix of native and established varieties, arranged to maintain privacy while preserving sightlines and light access. Gardens are not treated as decorative buffers but as functional extensions of the apartments, shaped to accommodate movement, seating, and informal use over time.&nbsp;

[smartcode_project:default project_id=140755 project_image_fid=366265]

Architecturally, the project draws from Kew’s historic residential language. Handmade bricks by Krause define the exterior, grounding the buildings within the material palette of the suburb, while interior finishes, stone, timber flooring, and restrained detailing, continue this approach internally. Architect Chris Idle describes the intent as long-term rather than stylistic: “We wanted it to feel timeless.”&nbsp;

This emphasis on durability extends to how the buildings are accessed and secured. Entry is managed through keyless systems, with a double-gated basement incorporating number plate recognition for vehicle access. Each residence is paired with a private lock-up garage accommodating two to three cars, alongside storage, while all entry points are monitored continuously. These measures sit alongside EV readiness and fully electric infrastructure, aligning the project’s operational systems with its long-term design outlook.&nbsp;

The setting remains central to how the development is experienced. Located within walking distance of Kew Junction and close to established schools including Carey Grammar and Xavier College, the address benefits from existing infrastructure while maintaining a residential quietness that is increasingly difficult to find at this scale.&nbsp;

Construction is being delivered by <a href="https://www.apartments.com.au/builders/sinjen">Sinjen</a>, with a 10-year structural guarantee, with completion targeted for mid-2027.

[smartcode_project_cta:default project_id=140755]

Inside Wimba Ave, Kew’s garden-scale residences designed for space and permanence

High-end Sydney developer&nbsp;<a href="https://www.apartments.com.au/developers/abadeen-group">Abadeen</a> has secured approval for one of its latest Mosman projects, one of the first developments approved by Mosman Council under the NSW Government’s Low and Mid-Rise Housing Policy.

The approval represents an important step in delivering well-considered housing next to established village locations on Sydney’s Lower North Shore, in line with the intent of the Low and Mid-Rise zoning framework. 
&nbsp; 
There are currently 13 other sites lodged within Mosman Council under the policy, with <a href="https://www.apartments.com.au/new-apartments/27-29-heydon-street-mosman-nsw-2088">Heydon Street</a> among the first to receive development consent. 
&nbsp; 
Abadeen Founder and Executive Chairman Justin Brown said the project reflects a considered and appropriate response to its planning context. 
&nbsp; 
“This approval demonstrates how carefully considered, design-led development can align with the objectives of the Low and Mid-Rise Housing Policy," Brown said.

"The scheme has been designed to respond sensitively to its village setting, with a built form, scale and level of amenity appropriate to its local context. The determination reflects a balanced and considered planning outcome, with Council recognising the capacity for this site to accommodate additional housing within a well-located and established precinct.”

<img alt="Abadeen secures first approval under low and mid-rise housing policy for Heydon Street, Mosman" data-entity-type="file" data-entity-uuid="92811ce3-02e8-44fc-996e-c61ae039bd3e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Heydon%20Street%20Aerial.jpg?VersionId=ZHJVuWQT64QcdrFJx963pFWFzTX7lI2I" />

The Heydon Street approval followed extensive consultation with Mosman Council, with Abadeen working closely with Council throughout the assessment process.

The approved scheme comprises 27 residences, with only four per floor, creating a low-density living environment. The building will include four half-floor penthouses designed to capture views across Middle Harbour, Sydney Harbour and the surrounding district.&nbsp;

The project is expected to appeal to downsizers and owner-occupiers seeking house-like proportions, privacy and local convenience. There will be north-facing Middle Harbour views from the second level upward. It is also just a flat 100-metre walk to Bridgepoint Shopping Centre, which will appeal to owner-occupiers and in particular downsizers.

Two-bedroom residences are expected to be priced from $1.99 million when sales launch later this year. 
&nbsp; 
Joe Tack, CEO at Abadeen, said the outcome reflects both the quality of the site and the broader need for well-located housing. 
&nbsp; 
“This is a highly considered site within a highly established local setting, offering elevated views and strong connectivity. The project has been designed to respond to that context, delivering a scale and quality of housing aligned with both the planning framework and evolving market demand.” 
&nbsp; 
“This approval is particularly significant in the context of Mosman, where new housing supply has historically been limited. While it represents the first approval of this scale in Mosman to be achieved in over 50 years, it is importantly located within a well-established residential location, in close proximity to the established commercial amenity of Spit Road and Mosman Village. It reflects strong confidence in Abadeen’s approach to design, delivery and community integration, while contributing to the delivery of much-needed housing in a highly constrained market.”

Abadeen has an established track record across Sydney’s Lower North Shore, with recent completions including KOYO in Crows Nest and ENSO in Neutral Bay.

In Mosman, Abadeen recently completed The Hampden, with Mosman Residences on the corner of Spit Road and Clifford Street scheduled for completion later this year. Construction has also commenced at Burran Residences, comprising three full-floor ultra-premium homes positioned just 50 metres from Balmoral Beach, with residences expected to achieve prices in excess of $20 million. Two further projects are also progressing through planning within the local government area.

Abadeen secures first approval under low and mid-rise housing policy for Heydon Street, Mosman apartment development

Apartment developer <a href="https://www.apartments.com.au/developers/martello">Martello™</a> is one of the latest entrants to the Gold Coast development market, with its debut project set to be one of the most boutique offerings on Chevron Island in recent years.

Martello has unveiled <a href="https://www.apartments.com.au/new-apartments/aere-chevron-island-18-20-mawarra-street-chevron-island-qld-4217">Aere Chevron Island</a>, a collection of 33 large-scale two-, three-, and four-bedroom apartments across an 18-storey building on Mawarra Street.

[smartcode_project:default project_id=143932 project_image_fid=367517]

The developer has placed a strong emphasis on wellness, briefing architecture firm Raunik Design to embed this philosophy into the project. It is a direction <a href="https://www.apartments.com.au/developers/martello">Martello™</a> plans to carry through its future developments along the coast.

<a href="https://www.apartments.com.au/developers/martello">Martello™</a> has positioned Aere as a continuation of its human-centric development approach, with a focus extending beyond amenity to the fundamentals of layout, natural light, and spatial planning. Promax Construction has already been appointed to deliver the project, with construction expected to commence in the coming months as part of the group’s broader expansion into South East Queensland.

Rising above the low-rise fabric of Chevron Island, Aere’s design emphasises generous internal proportions and uninterrupted outlooks, with residences oriented to capture coastal, skyline, and waterway views. Interiors prioritise open-plan living, with large-format glazing and carefully considered transitions between indoor and outdoor spaces.

[smartcode_project:default project_id=143932 project_image_fid=367508]

The upper levels are dedicated to larger-format homes, including four-bedroom residences designed as half-floor offerings. These layouts prioritise separation between living and sleeping zones, along with increased privacy and storage, features more commonly associated with detached housing than traditional apartment product.

Aere’s private resident amenity spaces centre on wellness. A rooftop level will incorporate a heated swimming pool, sauna and spa, alongside a residents’ lounge, dining areas and barbecue spaces, while additional shared facilities throughout the building include a gym and yoga area.

The inclusion of both social and quieter retreat spaces reflects a broader shift in higher-end apartment design on the Gold Coast, where developers are increasingly responding to owner-occupier demand for buildings that support long-term living rather than short-stay use.

[smartcode_project:default project_id=143932 project_image_fid=367814]

Aere is positioned within walking distance of Chevron Island’s village centre along Thomas Drive, as well as the HOTA cultural precinct via the Green Bridge, connecting residents to parklands, galleries, and event spaces.

For <a href="https://www.apartments.com.au/developers/martello">Martello™</a>, Aere represents the first in a series of planned Gold Coast developments, with the group also exploring opportunities in other coastal precincts, including Kirra and Palm Beach.

The move north comes as sustained population growth and infrastructure investment continue to reshape South East Queensland, with developers increasingly targeting boutique, design-led projects in established lifestyle pockets. Aere’s relatively small scale and emphasis on spatial quality position it within this emerging segment of the market.

[smartcode_project_cta:default project_id=143932]

Martello™ enters Gold Coast market with wellness-led Chevron Island development Aere

Fractional Ownership

<html><body>
With auction clearance rates pointing to stronger real estate markets, property ownership disruptor BrickX could be looking to expand its portfolio of houses and flats, to allow more investors to buy its “bricks”.
BrickX is understood to be fielding investment options from a range of suitors interested in its concept of fractionalising property ownership. 
After just three months in the role BrickX’s CEO Kareene Koh has announced a permanent fee cut to the property investment service.
BrickX has slashed its fees on the purchase and sale of Bricks from 1.75 per cent to just 0.5 per cent. 
“Our vision is to make property accessible for all Australians by providing a simple way for our growing community to share in the Australian residential property market.” says Kareene.
In the last five years, BrickX has grown to over 13,500 members and touts 19 properties users can invest in. 
With the new reductions a member purchasing a Brick for $50 would only have to pay a fee of 25 cents.
</body></html>

j.ballantyne1990-6AQqhLzZaK

BrickX permanently cuts fees by 70%

<html><body>
Fractional property investment platform BrickX have continued their 2018 spending.
They've settled on a <a href="https://www.realestate.com.au/sold/property-house-sa-kingswood-128923126" target="_blank">1920s home in Kingswood</a>, a southern suburb of the Adelaide CBD near Mitcham Square.
It's the second property they've bought in South Australia having spent $825,100 on a St Peters home mid last year.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/10/BrickX1.jpg" alt="">
The new $567,500 purchase has two bedrooms and one updated bathroom.
The character features of the 1920s have been retained, including high ceilings, polished timber floorboards and an open fireplace.
It has an outdoor entertaining area with verandah and pergola on its 301 square metre Arnold Street parcel.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/10/brick3.jpg" alt="">
Bricks are being offered at $47 per brick.
A tenant has been secured at $400 a week, which reflects an annual net rental yield of just under 1.6%.
The home is set to bring in a total of $7,429 a year.
BrickX advise the historical suburb growth of Kingswood is 7.5% per annum.
Earlier this year BrickX bought a property in Soldiers Hill, their first in Central Victoria, quickly followed by another in Ballarat nearby, as well as an apartment in Darlinghurst. 
</body></html>

jrobinson-rf4aSBido9

BrickX secure second Adelaide property

<html><body><div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
The Australian listed fractional property investment company DomaCom has secured $1 million in funds which will assist in meeting working capital funds.
The funds have been secured through the issue of a convertible security to the Australian Special Opportunity Fund, LP, a New York-based institutional investor managed by The Lind Partners, LLC. It will also get options in the ASX-listed company currently trading at 14 cents, down 
Under the agreement with Lind, $1 million is immediately available to DomaCom.
It will be used to support the ongoing development of the DomaCom platform and meet working capital requirements.
The Lind Partners is a New York-based alternative asset management firm that manages a family of institutional investment funds focused on small- and mid-cap publicly traded companies with an emphasis on Australia, Canada and the United Kingdom. Since 2009, Lind has worked on over 75 direct investments with a total transaction value in excess of US$550 million.
It links  in Australia have been mostly with resources companies including Herencia Resources, Blackham Resources and Australian Pacific Coal.
Gina Rinehart's estranged son, John Hancock, was announced an Australian consultant at The Lind Partners in 2015.
 The Domacom agreement provides for DomaCom to request up to an additional $500,000 during the term of the security through the issue of a second convertible security subject to separate approval by Lind.
The agreement will be secured against 2 million DomaCom shares held as collateral. 
While shareholder approval is not required for the funding to proceed, the agreement contains provisions requiring approval of shareholders to refresh the placement capacity under Listing Rule 7.1. 
DomaCom is separately currently raising further capital through the issue of 3 year convertible note that will complete within 10 days after the issue of the Lind Convertible Security and will be subject to a separate announcement. 
DomaCom will issue Lind a $1,200,000 Convertible Security that will be repayable over 24 months with an initial repayment holiday of 120 days.
 DomaCom will make 20 monthly repayments of $63,000 in either shares or cash (at DomaCom’s option). 
The monthly repayment amount in shares will be determined using 90% of the average of 3 daily VWAPs as selected by Lind during the 20 business days preceding the monthly repayment. 
The 20th and final payment is scheduled to take place in December 2019. 
Lind has the right to have the security repaid early at any time during the term by converting the balance of the convertible security into DomaCom shares based on a price per share equal to 130% of the average of the 5 daily VWAP selected by Lind during the 20 trading days prior to the execution of the agreement. 
DomaCom has the right to prepay the remaining balance of the Convertible Security at any time at a price determined by Lind equal to either the 130% of the average of the 5 daily VWAP selected by Lind during the 20 trading days prior to the agreement being execute or 90% of the average of three daily VWAPs as selected by Lind during the 20 trading days prior to notice of repayment. 
DomaCom will pay Lind a commitment fee of $50,000 and will issue Lind 3.7 million options to purchase ordinary shares in DomaCom with an exercise price equal to the average daily VWAP during the 20 trading days prior to the execution of the agreement with an expiry date of 36 months after the date of issue.
Domacom has recently released a swath of announcements involving expansion plans to capture investors in the mainstream.  
They announced an agreement with Domain to integrate the full suite of Domain property listings into the DomaCom crowdfunding platform.
They are also poised to crowdfund mortgage backed loans.
DomaCom stock had an initial offer price on the Australian Securities Exchange (ASX) in November 2016.
DomaCom raised $7.3 million, with about 500 new investors buying into the float, along with its 200 existing investors.
DomaCom hit the headlines with an ambitious bid to buy Australia's largest landholder S.Kidman and Co with a $410 million crowdfunding campaign, but failed to secure the momentum in the wake of hurdles imposed by the selling agents.
</div>
</div>
</div></body></html>

Domacom secures $1 million funding boost from New York institutional investors

<html><body>
BitCoin has found his way into the real estate industry, with vendors prepared to take the currency, now its making waves in the automotive industry.
In a world first, the decentralized and revolutionary <a href="https://bitcar.io/#aboutbitcar" target="_blank">BitCar.io</a> platform allows crypto space holders and traditional car enthusiasts to own and trade in exotic super cars in small fractions, with new BitCar tokens.
The cars include the likes of Lamborghini's, Ferrari's and Bugatti's.
The vehicles will be stored or displayed for up to 15 years to optimise their value.
<div class="page" title="Page 7">
<div class="section">
<div class="layoutArea">
<div class="column">
Co-founded by Gov van Ek, Nuno Martins and John Bulich, BitCar believes that exotic cars serve the public well when exhibited in collections where the public can continuously enjoy them.
Perth's Peter Briggs, who at one point had 300 classic cars, is an advisor. 
Briggs, the colourful West Australian property developer and mining entrepreneur, owned the first Holden prototype to be made in Australia, which was listed in 2013 for $1 million. It cost around $15,000 in 1980.
BitCar aims to disrupts exotic car ownership from just the privileged few and opens the asset class up to include the general enthusiast. 
<div class="page" title="Page 7">
<div class="section">
<div class="layoutArea">
<div class="column">
Automobiles are no longer considered as a mere mode of transportation, noted that according to AXA Art for the first eight months of 2017, 7,443 cars were sold at auction.
 The annual sales for the past 12 months was 890m Euros with classic cars over the $1 million accounting for 40 per cent, of the market value.
<div class="page" title="Page 7">
<div class="section">
<div class="layoutArea">
<div class="column">
Estimates for the total number of Ferrari’s made to date are 130,000, suggesting at an average price of $100,000 to $200,000, then the total Ferrari market stands at $13-26 billion. 
"This is only one brand of targeted Exotics," Bitcoin notes.
The Sultan of Brunei, estimated to be worth $20 billion is said to have 6,800 Exotic cars, by far the largest collection in the world - including 452 Ferraris and 11 McLaren F1s. 
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
<iframe style="font-size: 12.16px;" src="https://www.youtube.com/embed/gbsWdNR7EtE" frameborder="0" width="360" height="315"></iframe>
The BitCar tokens are intended to be traded on the decentralised Blockchain platform.
Historically, the value of collector cars and exotics have outstripped property prices and gold, making them a solid wealth creation vehicle.
The beauty of BitCar is that it links the value of tokens to the prices of real assets within the platform. It provides a relatively safe haven against the volatility of crypto markets.
The Perth-based BitCar has sought to raise up to $US25 million in an Initial Coin Offering (ICO) selling 250 million tokens that can be invested in “small fractions” of exotic supercars.
<div class="page" title="Page 4">
<div class="section">
<div class="layoutArea">
<div class="column">
Linking physical assets to Blockchain tokens has been legally complex and is rapidly evolving, the site notes.
 Over the past two years the team, including members from Ledger Assets Pty Ltd, a leading blockchain commercialization company in Australia, have established and developed the BitCar team, technology and skills needed to bring BitCar to launch. 
<div class="page" title="Page 5">
<div class="section">
<div class="layoutArea">
<div class="column">
Of the total 500 million BITCAR tokens, 250 million will be sold in the ICO. 
There are 95 million reserved for the team, founders and future employees, plus 40 million for the bounty campaign, early backers and external owners and a Growth Pool of 60 million for Platform growth, incentivisation, user acquisition and partnerships. The remaining 55 million are allocated for the Company token reserve. 
For more information on BitCar <a href="https://bitcar.io/" target="_blank">click here.</a>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</body></html>

Fractional ownership BitCar allowing people to park their crypto tokens

<html><body>
<div class="cq-article-content-paras section">
Westpac Banking Corp's venture capital fund Reinventure Group has invested in the fractional property ownership platform Brickx.
Reinventure have not disclosed the amount of the fund's investment.
The deal is reportedly the 17th investment by Reinventure Group, which has received $100 million of funding from Westpac. 
Reinventure is also backing other property related startups including openagent.com.au and Nabo, a free social media platform that enables individuals and community organisations to instantly and directly connect online with others in their suburb.
<div class="cq-article-content-paras section">
Danny Gilligan, co-founder of Reinventure, says it was attracted to Brickx as the site was looking holistically at the property financing, buying and living experience on one platform. 
</div>
Around half of the 7600 investors on the Brickx platform are under the age of 35.
Some three-quarters of them have never had any exposure to residential property.
The platform allows investors to purchase "bricks", or part-ownership rights that allow their owners to access capital gains on the property and receive rental income.
The bricks can be sold on the platform.
Each of the current 14 properties are split into 10,000 bricks. 
</div>
<div class="cq-article-content-media section">Brickx CEO Anthony Millet told Fairfax Media that many investors have been buying "bricks" as an alternative to bank deposit.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">He said banks were interested in Brickx because it could provide self-managed superannuation funds (SMSFs) with exposure to property without them having to buy an entire property and manage it.</div>
<div class="cq-article-content-paras section">
The platform may potentially be used to create an alternative to a reverse mortgage, freeing up home equity for retirees able to bring their existing property onto the platform.
 
</div>
</body></html>

Fractional Ownership

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Fractional Ownership

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News