Wollert, VIC

'Urban Growth Zone' land – Future Industrial Development Site

The Loan is secured by first registered mortgage over 8.09ha of 'Urban Growth' zoned land located in Wollert, VIC, approximately 25km north of the Melbourne CBD.

The purpose of the Loan was to assist with the refinance of the Security Property.

The site is located within the approved Wollert Precinct Structure Plan and is predominantly designated for industrial use. The surrounding area comprises largely undeveloped grazing land.

The Borrower is a Special Purpose Vehicle created for the sole purpose of acquiring the Security Property. The directors bring extensive experience in property development, alongside proven senior operational leadership within the education sector.

• The Loan was advanced at a Loan to Value Ratio of 64%.
• The Target Return is 8.25% 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 initial 20 months of the Loan Term has been lodged on deposit with the Manager. 
• The Loan Term is 31 months, subject to early or late repayment, from 22 April 2026 to 21 November 2028.

Investment Details

• Target Return

  8.25% net

• Loan to Value Ratio

  64%

• Term

  31 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.