Jilliby, NSW
Recently registered industrial lot
The Loan is secured by first registered mortgage over a recently registered industrial lot located in Jilliby on the Central Coast of NSW, approximately 105km north of the Sydney CBD.
The purpose of the Loan was to assist with the acquisition of the Security Property.
The site is zoned 'E4 General Industrial’ under the Central Coast Local Environmental Plan 2022.
The Borrower intends to develop a circa 3,300m² industrial warehouse/factory on the site, which is a permitted development per the current zoning, and will be submitting a Complying Development Certificate (CDC) application on that basis.
The Security Property is approximately 10km from Wyong for all day-to-day commercial needs and about 28km from the Gosford CBD. The site also benefits from easy access to the M1 Pacific Motorway.
The Borrowing Group holds over 6 years' experience in industrial development, construction, and manufacturing, having completed several projects in the Central Coast region.
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 61%.
- The Target Return is 8.15% p.a., net of fees and expenses, and is paid to Investors monthly in arrears.
- The Loan is supported by multiple joint and several personal and corporate guarantees and a General Security Agreement over the Borrower and related corporate entities.
- 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 31 March 2026 to 30 September 2026.
Investment Details
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Target Return
8.15% net -
Loan to Value Ratio
61% -
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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