Donnybrook, VIC

'Urban Growth' zoned land with mixed-use development potential

The Loan is secured by first registered mortgage over 6,160m² of 'Urban Growth' zoned land located in Donnybrook, VIC, approximately 30km north of the Melbourne CBD.

The purpose of the Loan was to assist with the acquisition of the land prior to securing development approval during the Loan Term.

The property is within close proximity to Donnybrook Train Station and benefits from approximately 92m of frontage to an active main road, being the primary access point to a greater residential estate in Donnybrook.

Plans have been prepared which outline the construction of 28 retail and nine (9) office units on the subject property, in line with the identified use under the local Precinct Structure Plan.

The Borrower Group has experience in property development, specialising in small-to-medium-scale developments in Melbourne’s northern suburbs.

• The Loan was advanced at a Loan to Value Ratio of 65%.
• The Target Return is 8.05% 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.
• The Manager has assessed the financial position of the Borrower and Guarantors and is satisfied that they are financially capable to service a loan of this nature.
• The Loan Term is 24 months, subject to early or late repayment, from 9 October 2025 to 8 October 2027.

Investment Details

• Target Return

  8.05% net

• Loan to Value Ratio

  65%

• 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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