Craigieburn, VIC

Improved industrial office/warehouse and a vacant industrial lot

The Loan is secured by first registered mortgage over two (2) neighbouring industrial sites. The properties comprise a 764m² lot improved with industrial office/warehousing and a 1,060m² vacant industrial lot with future development potential located in Craigieburn, VIC, approximately 23km north of the Melbourne CBD.

The properties are zoned 'Industrial 3 (IN3Z)' under the Hume Planning Scheme, allowing for industrial and warehouse use.

The properties are situated in the well-established industrial precinct of Craigieburn, surrounded by a mix of complementary businesses, retail and residential properties.

One (1) Security Property comprises two (2) separately titled industrial facilities developed as part of a 2 unit project completed in 2018. The property provides completed clearspan warehousing, a mezzanine level and 91m² of office accommodation. The other Security Property is a vacant industrial lot, currently utilised for truck storage and parking.

The Borrowing entities form a joint venture between an experienced developer and a registered builder, who together have over 20 years’ experience successfully delivering numerous small to medium scale residential and commercial projects across Victoria.

• The Loan was advanced at a Loan to Value Ratio of 70%.
• 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 guarantees and a General Security Agreement over the Borrowing entities.
• Interest for the Loan Term has been lodged on deposit with the Manager.
• The Loan Term is 16 months, subject to early or late repayment, from 10 July 2025 to 9 November 2026.

Investment Details

• Target Return

  8.15% net

• Loan to Value Ratio

  70%

• Term

  16 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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