Burwood & Mount Eliza, VIC

Three (3) office buildings with future development potential and a heritage-listed residential property

The Loan is secured by three (3) office buildings comprising 19,578m² of NLA located in Burwood, VIC, approximately 14km east of the Melbourne CBD, and a heritage-listed residential property at Mount Eliza, approximately 47km south of the Melbourne CBD.

The Burwood Security Property is improved by three (3) separate and fully fitted commercial office buildings plus an on-site cafe, end of trip facilities, and car parking totalling 968 spaces. The property comprises 33,720m² of 'Commercial 1' zoned land under the Whitehorse Planning Scheme. Deakin University campus is in close proximity and the surrounding locality is generally characterised by medium scale apartments, townhouses and residential dwellings.

The Mount Eliza property comprises a large 7 bedroom heritage-listed Old English style residence, approximately 47km south of the Melbourne CBD.

The Borrower Group is a joint venture between an asset and fund management company and an international investor that holds significant real estate assets in Australia.

The Borrower Group is well known to the Manager who has provided a number of loans to the Group. All facilities have been conducted in a prompt and punctual manner.

• The Loan was advanced at a Loan to Value Ratio of 64%.
• The Target Return is 8.25% p.a., net of fees and expenses, and is paid to Investors monthly in arrears.
• The Loan is supported by first registered mortgage, multiple joint and several personal and corporate guarantees and a General Security Agreement over the Borrower.
•  9 months' interest has been lodged on deposit with the Manager.
• 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 24 months, subject to early or late repayment, from 11 July 2025 to 10 July 2027.

Investment Details

• Target Return

  8.25% net

• Loan to Value Ratio

  64%

• 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.

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