Nicholls, ACT

Commercial zoned property with future development potential

The Loan is secured by first registered mortgage over an 8,115m² 'Commercial (CZ6)' zoned property in Nicholls, ACT, approximately 12km north of the Canberra CBD.

The purpose of the Loan is to provide an equity release against the Security Property.

The Security Property is improved with nine (9) small tenancies, an 1860’s heritage listed church, a 3 bedroom, 2 bathroom 1970’s dwelling and a metal garage.

The Security Property is located within the 'Gold Creek Tourist Precinct', which comprises retail shops and various tourist attractions.

The subject property holds planning approval for the demolition of existing improvements and the construction of a 400 seat assembly venue and a 3 storey hotel.

The Borrower is an experienced property developer and investor in Canberra and New South Wales.

• The Loan was advanced at a Loan to Value Ratio of 55%.
• The Target Return is 8.05% 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 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 20 November 2025 to 19 November 2026.

Investment Details

• Target Return

  8.05% net

• Loan to Value Ratio

  55%

• 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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