Wollert, VIC

'Urban Growth Zone' land

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.

Investment Details

• Target Return (P.A. net)

  8.25%

• Loan to Value Ratio

  64%

• Term

  31 Mths

• Minimum Initial Investment

  $10,000