Rose Bay, NSW

Two (2) recently completed townhouses – Residual Stock Loan

The Loan is secured by first registered mortgage over two (2) recently completed, double-storey strata-titled townhouses located in Rose Bay, NSW, approximately 8km east of the Sydney CBD.

This Loan is a Residual Stock facility whereby it is intended that the Loan and LVR will reduce during the Loan Term from sales of the Security Properties. On completion of the sale of a Security Property, the Loan facility will be reduced by the agreed net sale proceeds and these funds will be returned to Investors.

The properties form part of a luxury duplex development comprising four (4) contemporarily designed townhouses with associated garaging, outdoor entertaining areas, pool and landscaping. Two (2) of the townhouses have been sold, with the remaining two (2) held as the Security for this Loan.

The properties benefit from convenient access to public transport, with regular bus services along Old South Head Road providing direct connectivity to Bondi Junction and the Sydney CBD.

The Borrower is an SPV established solely for the purpose of developing the subject property. The director is an experienced property developer, with a proven track record of delivering in excess of $200MM in property developments over the past 10 years.

The Borrower Group is well known to the Manager and previous loans have been conducted in a prompt and punctual manner.

• The Loan was advanced at a Loan to Value Ratio of 57%.
• The Target Return is 7.75% p.a., net of fees and expenses, and is paid to Investors monthly in arrears.
• The Loan is supported by personal guarantees and a General Security Agreement over the Borrower.
• Interest for the initial 6 months of the Loan Term has been lodged on deposit with the Manager.
• The Manager has assessed the financial position of the Borrower and Guarantors as part of its credit approval process and is satisfied that they are financially capable to service a loan of this nature.
• The Loan Term is 12 months, subject to early or late repayment, from 14 November 2025 to 13 November 2026.

Investment Details

• Target Return

  7.75% net

• Loan to Value Ratio

  57%

• 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.

Start now by investing in an individual loan to commence building your own first mortgage investment portfolio with Balmain Private.