Kangaroo Point, QLD
Luxury 3 Bedroom Apartment
The Loan is secured by first registered mortgage over a new 3 bedroom residential apartment located in Kangaroo Point, QLD, directly east of the Brisbane CBD.
The Security Property has prominent frontage to the Brisbane River and uninterrupted city views.
The purpose of the Loan was to assist with the acquisition of the Security Property.
The surrounding environment comprises predominantly medium to high density residential and retail along the river.
- The Loan was advanced at a Loan to Value Ratio of 65%.
- The Target Return is 8.10% p.a., net of fees and expenses, and is paid to Investors monthly in arrears.
- The Loan is supported by 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 9 months, subject to early or late repayment, from 9 March 2026 to 8 December 2026.
Investment Details
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Target Return
8.1% net -
Loan to Value Ratio
65% -
Term
9 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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