Hazelwood North, VIC
Permit Approved Development Site
The Loan is secured by first registered mortgage over 59.21ha of a Permit Approved development site in Hazelwood North, VIC, approximately 140km south east of the Melbourne CBD and 1.75km south of Gippsland Logistics and Manufacturing Precinct.
The property benefits from a planning permit to allow for a four (4) lot subdivision, and a reputable clean-energy developer holds an option to purchase the site.
Additional security is provided via first registered mortgages over a residential dwelling in Highett, VIC and a retail premise in Dandenong, VIC.
The Borrower Group consists of two (2) families active in property investment and development, together maintaining a substantial and diversified portfolio across residential, commercial and industrial real estate.
- The Loan was advanced at a Loan to Value Ratio of 65%.
- The Target Return is 8.30% p.a., net of fees and expenses, and is paid to Investors monthly in arrears.
- The Loan is supported by multiple joint and several personal and corporate guarantees and a General Security Agreement over the Borrower and a related corporate entity.
- 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 11 December 2025 to 10 December 2026.
Investment Details
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Target Return
8.3% 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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