Clyde, VIC

'Urban Growth' zoned land – future development site

The Loan is secured by first registered mortgage over an 8.0935ha 'Urban Growth' zoned industrial development site in the outer metropolitan suburb of Clyde, VIC, approximately 48km south east of the Melbourne CBD.

The site is zoned 'Urban Growth' pursuant to the Casey Planning Scheme and is positioned within the 'Casey Fields South (Employment) and Devon Meadows' Draft Precinct Structure Plan (PSP 2.0). 

The Borrower Group is an experienced residential property development company based in Melbourne. They have completed various townhouse, apartment and land subdivision projects in the mid and outer south-eastern suburbs of Melbourne. The Borrower Group also holds considerable real estate assets.

The Borrower Group is well known to the Manager and all previous loans made to the Group have been conducted in a prompt and professional manner.

• The Loan was advanced at a Loan to Value Ratio of 65%. 
• The Target Return is 7.95% 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.
• The Manager has assessed the financial position of the Borrower and Guarantors and is satisfied that they are financially capable to service a loan of this nature. 
• The Loan Term is 15 months, subject to early or late repayment, from 16 September 2025 to 15 December 2026. 

Investment Details

• Target Return

  7.95% net

• Loan to Value Ratio

  65%

• Term

  15 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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