MyBrix Property Investment
Invest in exclusive off market properties at up to 15% below market value, no acquisition costs or holding costs. and you can start from as little as $1,000.
MyBrix fractionalises a property to allow Investors to acquire an interest in the future sales proceeds and rental proceeds (if applicable) of that property. Fractionalisation refers to division into smaller, proportional shares or "fractions."
These fractions in MyBrix are called Brix and represent a percentage of the future sale and rental proceeds of the property. A Brix is a Derivative, that is issued under AFS Licence No: 269868.
Property Owners no longer need to have a bank loan to finance their property. They can sell fractional interests in their property to investors, allowing both parties to benefit in the future capital gains in that specific property.
MyBrix has created a highly automated, light touch online platform and ecosystem that brings Property Owners and Property Investors together on a peer-to-peer basis.
MyBrix delivers compelling benefits for both parties by utilising a new and innovative financial instrument that holds fractional interests in the future sales and rental proceeds of the underlying property (Brix).
No Interest and No Repayments for Property Owners, instead they discount Brix in their property allowing Property Investors to purchase Brix at up to 15% below current market value.
Unique Selling Points for Property Investors
- All properties are Investment Grade providing Investors access to wealth building opportunities.
- Discounted Prices – Investors are able to select the properties to invest up to 15% below current market value.
- Low Minimum Investment –Investors can get started in Property investing for as little as $1000 through MyBrix.
- No Fees or Charges – Investors pay no fees or charges if they hold for full 10 year term of the mortgage.
- Liquidity – Brix can be sold at any time, on the trading exchange, at a price someone is willing to pay.
- Security - Every Property will be secured by a mortgage, the interests of each Property Investor will be protected.
- Capital Growth or Cash Flow or Both – Investors will be able to choose to hold for capital gains only or gain monthly return from rent or Gold Brix.
- Property Assessment - Every Property listed on MyBrix uses our unique “Investment Attractiveness Rating” or IAR for short, to provide important guidance to investors. When we onboard a property the first thing we do is use our specifically designed algorithms to calculate the IAR and provide this to the Property Owner along with the calculated market valuation and maximum funding possible under MyBrix. For investors this reduces the many hours of research needed to find the best investment opportunities by instilling how attractive a property is to an investor into a single number out of 1,000.
Any property anywhere in Australia can apply to list on MyBrix. After an independent market valuation of the property, 10,000 Brix are created for the Property Owner to sell to Property Investors. Up to 7,500 Brix can be sold at a discounted rate to raise the funding sought by the Property Owner. In the example below, a Owner Occupier would need to sell 5,882 Brix @ $85 each to fund $500,000. Once investors have agreed to purchase all the Brix on offer from the Property Owner, the existing mortgage will be paid out and a new mortgage in favour of all Brix holders will be put in place.
MyBrix is different to traditional property finance, allowing Property Owners to save significant amounts on interest and repayments each month, helping to improve their lifestyle and reduce cost of living pressures. As an example, a property valued at $1,000,000 with a bank loan of $500,000 @ 6.5% interest, means a monthly repayment of $3,160. Under MyBrix this is no longer required, and the owner can redeploy these funds however they want. Over 10 years this is a saving of $380,000 in repayments and $185,000 in interest (after all MyBrix fees and charges are deducted).
MyBrix allows Property Owners to fund their Owner Occupied or Rental properties directly by Investors. Property Owners list their properties on the MyBrix platform and investors, like you, decide if they want to invest in that property or not, based on its capital growth potential and/or monthly returns.
MyBrix is a true Bring Your Own Property (BYOP) solution for any residential property in Australia. Property Owners are attracted to MyBrix due to our No Interest or Repayment Model. This means quality properties that are not normally available for investment are presented exclusively on MyBrix.
Acquire an interest (Brix) in the property of your choice. Enjoy both capital growth and rental income (if applicable) as well as high returns through structured Buyback programs that the owner may optionally utilise.
When the time is right sell your Brix on the MyBrix platform to other investors or the property owner.
Benefits include
- Invest in Properties at up to 15% less than Market Value
- No Stamp Duty or other Acquisition Costs
- Secured by Mortgage against Australian Real Estate
- No Renters or Agents to Deal With
- No Maintenance Costs or Council Rates
- No Ongoing Fees or Charges
- Cash Flow Positive from Day One
- Increased Liquidity, sell all or part of your investment at anytime
- Quality Properties across Australia (that are not for sale)
- Return on Investment between 10% to 20% p.a.*
- Structured Buybacks for increased ROI
- Spread Your Risk over Multiple Properties, Cities, States
- Low Capital Requirements, start from as little as $1000
Click here to create an Investor Account.
As part of our financial services licence, MyBrix is required to undertake mandatory Australian Government Know Your Client (KYC) and Anti Money Laundering (AML) checks to international standards, for all account holders. These checks are similar to opening a bank account and only take a few minutes once you have you ID ready.We utilise an external party to do these checks and store your information securely. MyBrix does not store any client details within the MyBrix platform to keep your information safe.
All the tasks you need to undertake are listed in the MyBrix Portal. Please work your way down the list, starting with Basic Information, as you complete each step the progress bar shows % complete. Your account will be operational once all sections have Green Ticks.
MyBrix does not provide any financial or other advice, you must obtain your own independent financial, legal and tax advice regarding the appropriateness of using any MyBrix Services, having regard to your personal objectives, financial situation and needs.
MyBrix Pty Ltd ABN 37 669 479 636 (MyBrix) is authorised representative 1304961 of Australian Financial Licencing Group, AFS Licence No. 269868 (the Licensee). The Licensee has authorised MyBrix to make offers to clients and prospective clients to arrange for the issue, variation or disposal of Brix by MyBrix Properties.
* Before Tax, based on an optimised portfolio of Brix
MyBrix is new to the market, but we have big plans and ambitions....
Mission
MyBrix is built on the ‘want’ to help Property Owners and Investors and to shape the future of property finance. We want to solve the many problems associated with acquiring a home or investing in property by challenging and changing how you access and acquire property in a way that is not achievable through traditional models.
Our Vision
To enable anyone to be a Homeowner or Property Investor, whether they are buying their first home or are a multi-property Investor. We are revolutionising the way Australian’s own and invest in property and create a new property funding paradigm.
Brian is a futurist, problem solver, a creator of innovative business models and has a long history in establishing and managing successful businesses. He is the founder and CEO of MyBrix, the world’s first no interest and no repayment property finance platform.
Prior to the creation of MyBrix, Brian had over thirty years’ experience in the Telecommunications sector, owning and managing an independent technology company. He previously worked for a Telecoms Carrier, a Telecoms Equipment Manufacturer and led over 500 telecoms consulting engagements. MyBrix utilises non-bank, peer-to-peer funding to deliver compelling benefits to both property owners and property investors. They aim to solve the many problems associated with acquiring a home or investing in property by challenging and changing traditional models. MyBrix will revolutionise the way Australian’s own and invest in property and create a new property funding paradigm.
Brian has a Masters Degree in Business and Technology, and is a long-term property owner and investor.
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You are buying Brix in a specific property that you choose from all those listed on the MyBrix platform. You can invest in a single property or spread your risk over multiple properties across Australia, you are not tied down to any specific area.
You can select any property that meets your investment criteria. For example, your investment criteria might be high return, or it might be high growth or even both.
Using the tools provided in MyBrix you can search for properties that meet your criteria and invest in these easily.
Every property has 10,000 Brix, each Brix represents a fractional right to the future sale proceeds of a specific property. If a property has a market valuation of $1,000,000, then each Brix will have an initial market value of $100.
Refer to Brix types for more information on the types of Brix.
In MyBrix an IBO stands for Initial Brix Offer, and this is the process for listing a new property on the MyBrix platform.
To incentivize Investors to participate in IBO’s, the Property Owner discounts IBO Brix to Investors. The discount varies based on the Brix type, Standard Brix discount by up to 15% and Silver Brix discount up to 10% off market value.
As an example, Brix with an initial market value of $100 would be available to purchase at $85 (if a 15% discount was applied for the IBO).
This means an immediate 15% gain on those Brix purchased in an IBO.
There are multiple ways to generate returns of between 10% and 20% per annum from investing in Brix, across all property types
Below provides an indication of potential areas of return for Investors.
Capital Growth – Investors know that the average capital growth rate for properties in Australia over the past 30 years is approximately 7%. The important thing to note is that is the “average” which means 50% are below average and 50% are above average. The MyBrix process promotes quality properties in locations where above growth is present, allowing you to “cherry pick” the properties to suit your investment strategy.
Rental Returns – You acquire an interest in a Rental Property when you acquire Silver Brix and as such the net rental proceeds are shared proportionally by all Brix holders. MyBrix will distribute the net rental proceeds to Brix holders on a proportional basis each month. If you own (say) 25% of the Brix you will get 25% of the net rental proceeds. If the property’s net rental proceeds are $2000 per month you will get $500 per month.
Buybacks – We have two (2) types of buyback programs, Indexed Buybacks which apply to Standard and Silver Brix where the buyback price is indexed over the term of the MyBrix funding, and Gold Brix where the price is fixed to provide significant returns to Investors over a maximum 5-year term. Both these provide a monthly return on your investment.
Selling Brix – You can buy and sell Brix like shares for any price agreed between the buyer and seller on the MyBrix Trading Platform (coming in 2024).
The Maximum term a Property Owner can have a MyBrix facility is 10 years from settlement, providing Investors with a defined maximum investment horizon.
All Investor interests are secured via a first ranking mortgage on the property, additionally our exclusive rights to sell and rent the property mean that we can ensure all properties achieve the maximum sale proceeds possible for the benefit of all Brix Holders (including the Property Owner). We also ensure all rental returns are distributed proportionally to all Brix holders.
The Property Owner remains on the title of the property, they continue to be the Property Owner and bear all responsibilities of a Property Owner including maintenance and insurance obligations as well as all council and other fees. Regardless of how many Brix you own in a property, you are never the Property Owner of the property. The Investor owns a right to the future sales proceeds of the property.
Investors pay no fees or charges to buy Standard or Silver Brix during an IBO, nor is there any MyBrix levied setup or establishment charges to create or fund your account. The purchase price for Gold Brix includes a MyBrix fee for undertaking the additional tasks to enable Gold Brix. A fee is also charged for selling Brix either through buybacks or on the trading platform as well as a portion of the selling fees when the property is sold (similar to what you would expect to be charged for selling a standard residential property).
No, MyBrix is not a lending platform, it is a peer-to-peer service where Investors buy Brix in specific properties.
Property values go up and down all the time, but on average over the long term have always increased. Property values have averaged around 7% growth per annum over the last 30 years. Should the market value of the property decrease through market-based forces, the decrease is borne equally by all Brix holders.
The amount funded through MyBrix is the minimum the Property Owner needs to provide to Investors at sale time. If the net sale proceeds (after selling fees) is less than the amount funded the Property Owner will need to provide these additional funds as part of the property settlement for MyBrix to release the mortgage.
There are many variables that may result in a MyBrix listing to not reach the required funding. A significant issue is the attractiveness to Investors. If Investors do not find a property sufficiently attractive for investment, the Property Owner may consider increasing the attractiveness of their property by offering some portion of the property as Gold Brix or featuring their property to Investors through marketing highlights on the MyBrix platform. If the funding is unsuccessful all Investor funds are released from their hold status. Only 100% funded properties move to settlement.
The Property must be either sold or refinanced. The Property Owner may refinance with anyone (including MyBrix). Refinancing with MyBrix would be via a new facility with a new 10-year term. The property will be revalued (for Market Value) at the start of the new term and all original Investors paid out based on the new valuations.
Should they refinance with another provider all MyBrix Investors must be paid based on current market value, as determined by the MyBrix valuation.
Yes, the Property Owner can at any time do a compulsory buyback of all Brix from all Investors, the buyback price will be set at the market valuation at that time plus 10%.
To commence a “compulsory buy back” the Property Owner must provide evidence to MyBrix that they have access to the funds needed to undertake the compulsory buyback.
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The issuer of this product is identified at the top of this page. The PDS and target market determination for the product are available in the Documents section of this listing. Prospective investors should consider the PDS before deciding to acquire the product. This product listing was vetted by and approved by the product issuer identified above before publishing. Investment Markets (Aust) Pty Ltd AFSL 527875 (IM) is not the issuer of the product.
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