Truganina, VIC

'Farming Zone' land earmarked as a future industrial precinct - currently leased to major vehicle logistics operation

The Security Property comprises 9.70ha of future industrial land and is fully permitted and leased for hardstand use. The property is located in Truganina, VIC, approximately 25km west of the Melbourne CBD.

The subject property comprises two (2) titles and both sites are currently leased for hardstand use to a single tenant on a long term lease.

The land is currently zoned 'Farming Zone' forming part of the Outer Western Growth Corridor and the proposed Warrawee Precinct Structure Plan (PSP) and is identified for future industrial use.

The surrounding environment comprises residential and industrial estates.

The Borrower Group is one of the largest developers of industrial land in Melbourne. The Group has been established for over 50 years.

The Group has a substantial development and investment portfolio and has successfully completed multiple industrial developments with a total value in excess of $1bn.

The Borrower Group is well known to the Manager who has provided multiple loans to the Group. All facilities have been conducted in a prompt and punctual manner.

• The Loan was advanced at a Loan to Value Ratio of 70%.
• The Target Return is 7.60% 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 related corporate entities.
• 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 22 December 2025 to 21 December 2027.

Investment Details

• Target Return

  7.6% net

• Loan to Value Ratio

  70%

• Term

  24 Months

• Minimum Initial Investment

  $10,000

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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