Roxburgh Park, VIC
A single-level childcare centre with future development potential
The Loan is secured by first registered mortgage over a single-level childcare centre located in Roxburgh Park, VIC, approximately 23km north of the Melbourne CBD.
The purpose of the Loan was to assist with the acquisition of the Security Property.
The existing centre is approved for 52 long day care places and is leased to a reputable childcare operator.
A Planning Permit has been approved to extend the existing building to accommodate up to 68 children, and to construct a separate building for an additional 44 children.
The Borrower is an experienced childcare centre developer and well known to the Manager.
- The Loan was advanced at a Loan to Value Ratio of 64%.
- The Target Return is 8.20% 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 Loan Term has been lodged on deposit with the Manager.
- The Loan Term is 12 months, subject to early or late repayment, from 9 April 2026 to 8 April 2027.
Investment Details
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Target Return
8.2% net -
Loan to Value Ratio
64% -
Term
12 Months -
Minimum Initial Investment
$10,000
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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