Werribee, VIC

Planning Permit approved childcare centre development site

The Loan is secured by first registered mortgage over a childcare centre development site in Werribee, approximately 32km south west of the Melbourne CBD.

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

The Security Property has Planning Permit approval for the development of a childcare centre.

The Security Property benefits from a high degree of exposure to passing traffic, with a combined road frontage of 115m, and is in proximity to major arterial roads including Ballan Road, Geelong Road and the Princes Freeway.

The Borrower Group are experienced property developers and investors, who hold substantial real estate assets.

• The Loan was advanced at a Loan to Value Ratio of 64%.
• The Target Return is 7.80% 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 for the Term of the Loan has been lodged on deposit with the Manager.
• The Loan Term is 12 months, subject to early or late repayment, from 22 August 2025 to 21 August 2026.

Investment Details

• Target Return

  7.8% net

• Loan to Value Ratio

  64%

• 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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