Just added

Bronte, NSW

Freestanding luxury home with ocean views

The Loan is secured by a first registered mortgage over a residential property which comprises a 4 bedroom plus study, 5 bathroom home, with ocean views, on 575m2 of land in the sought-after eastern suburbs location of Bronte, NSW.

The purpose of the Loan was to refinance an existing loan secured by the Security Property.

The subject site is situated approximately 9km south east of the Sydney CBD and 500m from Bronte Beach.

The Borrower Group are experienced investors based in Sydney. The Borrower Group generates substantial income through its real estate holdings and other investments.

  • The Loan was advanced at a Loan to Value Ratio of 70%.
  • The Target Return is 5.75% p.a., net of fees and expenses, and is paid to Investors monthly in arrears.
  • The Loan is supported by multiple joint and several guarantees and a General Security Agreement over the Borrower.
  • Interest for the Term of the Loan has been lodged on deposit with the Manager.
  • The Loan Term is 18 months, subject to early or late repayment, from 20 April 2022 to 19 October 2023.

Investment Details

  • Target Return
    5.75% net
  • Loan to Value Ratio
    70%
  • Term
    16 Months
  • Minimum Initial Investment
    $10,000

Full details, unique to each investment, are provided to Investors in a Supplementary PDS. These detailed Supplementary PDS’s are only available to Investors in Balmain Private.

Start now by investing in an individual loan to commence building your own first mortgage investment portfolio with Balmain Private.