Toorak, VIC

A 3 bedroom residential dwelling

The Loan is secured by first registered mortgage over a 3 bedroom single level residence located in Toorak, VIC, approximately 6km south east of the Melbourne CBD.

The purpose of the Loan was to refinance a previous Balmain Discrete Mortgage Income Trusts (BDMIT) sub-trust known as the Crestmont Court Sub-Trust. The Borrower conducted the previous sub-trust in a prompt and punctual manner and in accordance with loan documentation.

Toorak is an established and highly regarded inner eastern suburb of Melbourne. Toorak is characterised by large prestige homes of a high standard.

The Sponsors are self-employed professionals established for over 40 years. They are also experienced property investors and developers.

• The Loan was advanced at a Loan to Value Ratio of 68%.
• The Target Return is 7.30% 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 12 months of the Loan Term has been lodged on deposit with the Manager.
• The Loan Term is 24 months, subject to early or late repayment, from 22 August 2025 to 21 August 2027.

Investment Details

• Target Return

  7.3% net

• Loan to Value Ratio

  68%

• Term

  24 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.