Frankston, VIC

4 Bedroom Residential Property – NDIS redevelopment potential

The Loan is secured by first registered mortgage over a residential property located in Frankston, VIC, approximately 54km south east of the Melbourne CBD.

The purpose of the Loan was to provide an equity release to the Borrower.

The Borrower intends to redevelop the site into three (3) 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 three (3) 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 20 March 2026 to 19 September 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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