Menangle, NSW
A 33ha rural site with subdivision potential
The Loan is secured by first registered mortgage over a 33ha rural site located in Menangle, NSW, approximately 75km south west of the Sydney CBD.
The Security Property is situated in a rural setting with minimal improvements on site. The surrounding developments consist of a mixture of small to medium sized rural parcels developed with a variety of dwelling types.
The site is zoned ‘C4 Environmental Living’ under the Wollondilly Local Environmental Plan 2011.
During the Term of the Loan, the Borrower intends to lodge a new Development Application for a 6 lot subdivision.
The Directors have substantial experience in property development, having recently delivered a large land subdivision project.
- The Loan was advanced at a Loan to Value Ratio of 66%.
- 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 personal guarantees and a General Security Agreement over the Borrower.
- Interest for the Loan Term has been lodged on deposit with the Manager.
- The Manager has assessed the financial position of the Borrower and Guarantors and is satisfied that they are collectively financially capable of supporting a loan of this nature.
- The Loan Term is 24 months, subject to early or late repayment, from 17 July 2025 to 16 July 2027.
Investment Details
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Target Return
8.75% net -
Loan to Value Ratio
66% -
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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