Yass, NSW

Industrial land with future development potential

The Loan is secured by first registered mortgage over a 21,250m² industrial development site in Yass, NSW approximately 60km north west of the Canberra CBD and approximately 300km south west of Sydney

The Security Property comprises a near level regular shaped lot located in the southern tablelands of NSW. 

The Security Property is currently occupied partly by a landscaping entity associated with the Borrower and partly by a third-party tenant. The property is well located in an established industrial precinct, well-suited for future industrial development.

The Borrower Group is an established Canberra building supplies and hire group with multiple businesses, and specialises in small to mid-scale development projects.

The Borrower Group is well known to the Manager who has provided multiple loans to the Group. All facilities have been conducted in a prompt and punctual manner.

• The Loan was advanced at a Loan to Value Ratio of 50%.
• The Target Return is 8.75% 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 is to be paid by the Borrower monthly in advance. The Manager has assessed the financial position of the Borrower and Guarantors and is satisfied that they are financially capable to service a loan of this nature.
• The Loan Term is 24 months, subject to early or late repayment, from 10 February 2025 to 9 February 2027.

Investment Details

• Target Return

  8.75% net

• Loan to Value Ratio

  50%

• Term

  24 Months

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.

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