Bringelly, NSW

Future Residential Development Site

The Loan is secured by first registered mortgage over a future residential development site located in Bringelly, NSW, approximately 55km south west of the Sydney CBD. 

The purpose of the Loan was to assist with the acquisition of the Security Property. 

The subject measures 2.34ha and is zoned ‘RU4 Primary Production Small Lots’ under the Camden Local Environmental Plan 2010. It is situated in the Belmore Road Precinct, which is expected to be developed into primarily low-density residential estates, with potential for mixed use and/or higher density development around local and town centres. This is expected to occur by 2028-2030.

The Borrower Group is a substantial and successful residential land developer with over 25 years’ experience in land subdivisions in the western suburbs of Sydney. The Group has completed multiple residential subdivisions in and around Leppington and Austral, NSW. 

The Borrower Group is well known to the Manager who has provided multiple 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 60%.
• The Target Return is 8.35% p.a., net of fees and expenses, and is paid to Investors monthly in arrears.
• The Loan is supported by a personal guarantee and a General Security Agreement over the Borrower.
• Interest for the initial 3 months of the Loan Term has been lodged on deposit with the Manager.
• The Manager has assessed the financial position of the Borrower and Guarantor and is satisfied that they are financially capable to service a loan of this nature.
• The Loan Term is 18 months, subject to early or late repayment, from 5 November 2025 to 4 May 2027.

Investment Details

• Target Return

  8.35% net

• Loan to Value Ratio

  60%

• Term

  18 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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