Box Hill, VIC

Well located development site in Box Hill Activity Centre

The Loan is secured by first registered mortgage over a vacant site with high-density development potential in the established suburb of Box Hill, VIC.

The Security Property currently presents as a 2,962m² vacant corner parcel within the Box Hill Activity Centre.

The property is zoned ‘Commercial 1 Zone (C1Z)’ and ‘Residential Growth Zone - Schedule 3 (RGZ3)’.

The Security Property consists of three (3) contiguous titles, benefitting from exposure to Whitehorse Road and the main activity precinct of Box Hill.

The Borrower is a substantial investor who has significant development and property investment experience.

Being located within the Significant Change Area under the Suburban Rail Loop (SRL) East Draft Structure Plan, the site supports development up to 40 storeys on Whitehorse Road and 15 storeys on Poplar Street. Commercial use is designated for the Whitehorse Road frontage, with health-related use for Poplar Street, aligning with its proximity to Box Hill Hospital and Epworth Eastern Hospital. The shape and location of the site within the Box Hill Activity Centre make it well suited to high density development.

The Borrower has significant development and property investment experience.

• The Loan was advanced at a Loan to Value Ratio of 56%.
• The Target Return is 7.95% 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 15 months, subject to early or late repayment, from 2 December 2025 to 1 March 2027.

Investment Details

• Target Return

  7.95% net

• Loan to Value Ratio

  56%

• Term

  15 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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