Clyde North, VIC

'Urban Growth' zoned – permit application lodged for commercial and residential development

The Security Property comprises a mixed-use development site located in Clyde North, VIC, approximately 46km south east of the Melbourne CBD.

The purpose of the Loan was to assist with refinance a previous land facility and provide working capital for pre-development approval activities.

The Security Property is within the Thompsons Road Precinct Structure Plan and is located in close proximity to local supermarkets and the retail amenity of Clyde North Lifestyle Centre, with recreational reserves with primary and secondary educational facilities close by.

The Borrower Group is an experienced property investor and developer with substantial experience in commercial and residential property development throughout metropolitan Melbourne.

• The Loan was advanced at a Loan to Value Ratio of 65%.
• 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 personal and corporate guarantees and a General Security Agreement over the Borrower.
• The Manager has assessed the financial position of the Borrower and Guarantors as part of its credit approval process and is satisfied that they are financially capable to service a loan of this nature.
• The Loan Term is 12 months, subject to early or late repayment, from 15 December 2025 to 14th December 2026.

Investment Details

• Target Return

  7.8% 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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