Investors · Wholesale & Sophisticated
Individual loans secured by first-ranking mortgages over Australian real estate — each ring-fenced to its own sub-scheme. Underwritten by developers and valuers who know the assets, the market, and the borrowers.
Available only to wholesale and sophisticated investors as defined in s708 of the Corporations Act 2001.
Investment snapshot
Target distribution
+5%above ADI cash rate
post fees, pre tax
Loan term
6–36mths
per loan
Target LVR
50–65%
of project completion value
Security
First-ranking
registered mortgage + guarantees
Distributions
Monthly
paid in arrears (or capitalised)
Structure
Contributory
each loan = its own sub-scheme
Why Keyvest
Click any reason to read more.
Why it matters
Our directors have built, valued and managed property across Australia. We underwrite every loan like we're holding the risk ourselves — because we understand what can go wrong on site, in planning, and at settlement.
Process
Three straightforward steps from enquiry to earning monthly distributions on Australian property.
Complete our wholesale investor verification and receive access to current opportunities and the Fund Information Memorandum.
Review the borrower, property details, LVR, term and exit. Each opportunity comes with its own Information Memorandum. Commit deal by deal.
Receive monthly distributions paid to your nominated account for the duration of the loan, with principal returned at discharge.
Investment structure
Every investment is structured through the Keyvest Contributory Mortgage Fund, with each loan ring-fenced as its own sub-scheme. Investor capital flows from the Fund to the project, secured by a first-ranking mortgage and supported by borrower guarantees.
Monthly distributions and principal repayment flow back through the same structure, with each sub-scheme accounted for separately.
Timeline
See how your capital moves through a typical investment cycle and when distributions arrive.
Month 0
Land acquisition · first drawdown · first-mortgage registered
Months 2–3
Second drawdown · works commence
Months 4–6
Third drawdown
Months 7–9
Fourth drawdown
Months 10–12
Final drawdown · practical completion
Month 13
Refinance or sale · principal returned to investors
Monthly distributions paid throughout — or capitalised and paid on discharge — depending on the loan structure.
Exit
Three common paths to capital return and final distribution. Every path is cleared at credit, not at hope.
Strategy · Most common
On completion, an independent valuation is taken at the new value. The borrower refinances onto major-bank facilities and your capital and final distribution are returned.
Learn more
Strategy
Property sells before completion. Sale proceeds flow through the solicitor's trust account to repay loan principal, with capital and final distribution returned to investors.
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Strategy
A sales campaign commences before completion. Proceeds at completion repay the loan, with sales agency engaged early and pricing reviewed against independent valuation.
Learn moreGovernance
Keyvest Capital operates under AFSL 538461 via Vesta Funds Management Pty Ltd. Full compliance with the Corporations Act 2001, monthly board reporting, and institutional-grade infrastructure on every loan.
AFSL 538461
Held by Vesta Funds Management Pty Ltd. Full compliance with Australian financial services regulation.
Wholesale investor eligibility verified under s708
Every investor classified and verified against s708 Corporations Act 2001 prior to participation.
IM Part 1 + IM Part 2 documentation
Fund-level Information Memorandum plus per-loan sub-scheme IM. Each loan ring-fenced and individually documented.
Monthly reporting and transparency
AML/CTF and FATCA/CRS programs. Monthly board reporting, annual policy review, and written notification of any default.
Risk framework
Real estate private credit involves risk. We don't pretend otherwise. The framework below sets out the five risks every credit paper analyses, the mitigants we put in place, and what happens if a loan moves into stress.
Risk 1
Track record, financial capacity, related-party exposure, integrity flags.
Mitigants
Director guarantees, GSA, related-entity recourse, repeat-borrower preference.
Risk 2
Title, planning, location, end-product saleability, comparable evidence.
Mitigants
Conservative LVR, independent valuations, in-house property review, Australian focus.
Risk 3
Builder capacity, fixed-price discipline, programme, contingency, defects.
Mitigants
QS sign-off on drawdowns, builder side deeds, HBI/Contract Works insurance, retention.
Risk 4
Sales-rate assumptions, pricing risk, interest rate sensitivity, absorption.
Mitigants
Pre-sales as exit precondition, stress-tested feaso, downside scenarios in credit paper.
Risk 5
Refinance availability, sale cycle length, buyer pool, contract enforceability.
Mitigants
Major-bank pre-approval, multiple exit pathways, term structured to exit window plus buffer.
Drill in
Risk 1
Will the borrower see the project through to completion and meet their obligations?
Our mitigants
Downside & workout
Day one of any breach
Notification to Keyvest directors. Assessment of cause, materiality, and route to cure.
Cure plan
Negotiated arrangement with the borrower — typically extension, additional contribution, or expedited sale. Board-approved before agreed.
Default rate & fees
If breach is not cured, default interest applies as per the loan agreement. Monthly servicing reverts to in-advance.
Enforcement
Where a cure cannot be reached, our retained legal panel commences enforcement: receivership, mortgagee sale, or director-guarantee recourse — whichever protects investor capital fastest.
Investors in any sub-scheme experiencing a default are advised in accordance with the relevant IM Part 2.
Honest about risk
Returns are targeted, not guaranteed. Distributions can be paused if a borrower misses a payment. Capital can be lost if a project fails to repay and security recoveries are insufficient.
Past performance is not indicative of future performance. Real estate cycles, interest rates, and individual project execution all affect outcomes.
Liquidity is limited. Each loan is a fixed-term commitment until discharge. Early redemption is subject to finding a replacement investor.
This is not consumer credit. The Fund is for wholesale/sophisticated investors who understand and accept these risks, having read the relevant Information Memorandum.
Operational proof
We don't fund a deal until every item is verified, documented and signed off. This is the same checklist that runs internally on every loan — open any category to see what's in the box.
Completion
44 / 44
Verified on every loan we fund — across borrower, asset, construction, financial, and legal pillars.
The interactive version of this checklist runs internally on every loan and is available to vetted brokers and wholesale investors via the Keyvest Insights portal.
Eligibility
Investments in the Keyvest Contributory Mortgage Fund are available only to wholesale and sophisticated investors as defined in s708 of the Corporations Act 2001.
If you're unsure whether you qualify, please speak with your accountant or financial adviser before registering interest.
You qualify if any of the following is true:
Understand wholesale investor eligibility and how Keyvest Capital works.
Keyvest Insights · Portal access
Quarterly market research, transactional evidence, deal pipeline preview and performance reporting — exclusive to vetted broker partners and wholesale investors. Other private credit lenders show you a brochure. We show you what we're seeing in the market.
Combined with the asset management research from our JV partner Keystone Property Funds, the portal is institutional-grade content most boutique lenders simply don't produce.
Inside · 01
Quarterly Perth, Sydney, Melbourne reports across industrial, office and residential. Vacancy, yield, rental growth, take-up.
Inside · 02
Live database of recent comparable sales — strata industrial, office, retail, land — with $/sqm and yield metrics.
Inside · 03
Anonymised view of loans currently in DD or settling, plus current investment opportunities for wholesale investors.
Inside · 04
The 44-point checklist running on every loan, plus distribution history, fund-level performance and quarterly updates.
Investor enquiry
We'll confirm your wholesale eligibility, send the Fund IM (Part 1), and add you to the distribution list for new sub-scheme opportunities.
Prefer email?
investors@keyvest.com.auImportant disclaimer. This page is general information only and is not an offer to invest. It is not, and is not intended to be, an Information Memorandum or financial product advice. Investments in the Keyvest Contributory Mortgage Fund are available only to wholesale and sophisticated investors as defined in s708 of the Corporations Act 2001. Returns are targeted, not guaranteed. Past performance is not indicative of future performance. Real estate private credit involves risk including the risk of loss of capital. You should obtain and read the relevant Information Memorandum before deciding to invest, and consider whether the investment is appropriate having regard to your objectives, financial situation and needs. Issued by Keyvest Capital Pty Ltd as Trustee of the Keyvest Contributory Mortgage Fund. AFSL 538461 held by Vesta Funds Management Pty Ltd.
