Bayswater, VIC
4.93ha industrial property in Bayswater
The Loan is secured by first registered mortgage over 4.93ha of industrial land in Bayswater, which is substantially improved by a large high-clearance warehouse and accompanying canopy/hardstand area.
The purpose of the Loan was to assist with the acquisition of the Security Property.
The Security property is improved by a high clearance warehouse with multiple roller shutter doors, an attached office, loading canopy and large truck hardstand area. The improvements are in good overall condition, providing a function standard of warehouse accommodation.
The Borrower Group is well known to the manager and holds a substantial property portfolio, mainly including large-scale industrial assets in Melbourne’s south east.
- The Loan was advanced at a Loan to Value Ratio of 61%.
- The Target Return is 8.55% p.a., net of fees and expenses, and is paid to Investors monthly in arrears.
- The Loan is supported by multiple joint and several personal and corporate guarantees and a General Security Agreement over the Borrower.
- Interest for the initial 6 months of the Loan Term has been lodged on deposit.
- The Loan Term is 12 months, subject to early or late repayment, from 1 July 2025 to 30 June 2026.
Investment Details
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Target Return
8.55% net -
Loan to Value Ratio
61% -
Term
12 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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