Marshall, VIC

'Urban Growth' zoned land for future mixed use development

The Loan is secured by first registered mortgage over 4.56ha of 'Urban Growth' zoned land located in Marshall, VIC, approximately 6km south of the Geelong city centre and 68km south west of the Melbourne CBD.

The purpose of the Loan was to provide an equity release against the Security Property. The Security Property was unencumbered at the time of making the Loan.

The site is within the proposed Marshall Precinct Structure Plan (PSP) which is currently awaiting ministerial approval, with an expected timeframe of 4 to 8 months before gazettal.

The property is located within the Station Precinct of the PSP which is designated for mixed-use development including supermarket, retail, childcare and residential.

The site is well-served by public transport, schools, parks, and major shopping centers within a 5km radius.

The Borrower intends to apply for a planning permit post the finalisation of the PSP.

The Directors are experienced Geelong based project managers and developers who have successfully completed a number of land subdivision projects in Victoria.

• The Loan was advanced at a Loan to Value Ratio of 50%.
• The Target Return is 8.40% p.a., net of fees and expenses, and is paid to Investors monthly in arrears.
• The Loan is supported by directors' 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 24 months, subject to early or late repayment, from 8 September 2025 to 7 September 2027.

Investment Details

• Target Return

  8.4% 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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