Heidelberg West, VIC

654m² vacant residential land - NDIS lease terms agreed

The Loan is secured by first registered mortgage over 654m² of vacant residential land located in Heidelberg West, VIC, approximately 10km north east of the Melbourne CBD.

The purpose of the Loan was to assist with the acquisition of the Security Property.

The Borrower intends to redevelop the site into two (2) single-level dwellings for Specialist Disability Accommodation (SDA) purposes.

A head lease has been executed with a reputable provider registered under the National Disability Insurance Scheme (NDIS).

The Borrower is a joint venture between two (2) property development groups. The directors have substantial experience in residential property investment and development.

• The Loan was advanced at a Loan to Value Ratio of 65%.
• The Target Return is 7.30% p.a., net of fees and expenses, and is paid to Investors monthly in arrears.
• The Loan is supported by multiple joint and several guarantees and a General Security Agreement over the Borrower.
• Interest for the Loan Term has been lodged on deposit with the Manager.
• The Loan Term is 6 months, subject to early or late repayment, from 5 February 2026 to 4 August 2026.

Investment Details

• Target Return

  7.3% net

• Loan to Value Ratio

  65%

• Term

  6 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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