Lake Macdonald, QLD

Rural lifestyle property

The Loan is secured by first registered mortgage over a rural residential dwelling located in Lake Macdonald, QLD, approximately 30km west of Noosa Heads.

The purpose of the Loan was to assist with the acquisition of the Security Property.

The Security Property is located in an established rural residential locality between Cooroy Mountain and Lake Macdonald.

The site is zoned ‘Rural’ under the Noosa Plan 2020. The surrounding environment comprises mixed quality housing from basic older farm cottages through to large high-quality architect designed residences.

Ancillary improvements include a pool and numerous sheds as well as a secondary cottage set to the rear of the site. The site is nearly wholly usable and split across multiple paddocks which can be used for lifestyle grazing. A tree lined creek separates some of the paddocks.

The Borrower Group is well known to the Manager and previous loans have been conducted in a prompt and punctual manner.

• The Loan was advanced at a Loan to Value Ratio of 65%.
• The Target Return is 8.15% p.a., net of fees and expenses, and is paid to Investors monthly in arrears.
• The Loan is supported by joint and several guarantees and a General Security Agreement over the Borrower.
• Interest for the initial 6 months of the Loan Term has been lodged on deposit with the Manager.
• The Loan Term is 12 months, subject to early or late repayment, from 8 July 2025 to 7 July 2026.

Investment Details

• Target Return

  8.15% net

• Loan to Value Ratio

  65%

• 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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