Church Point, NSW

Residual Stock Loan - Six (6) luxury senior housing apartments

The Loan is secured by first registered mortgage over six (6) luxury senior housing apartments located in Church Point, NSW, approximately 26km north of the Sydney CBD.

The Security Properties form part of a recently completed development of 10 senior housing apartments, of which four (4) have been sold.

This Loan is a Residual Stock facility whereby it is intended the Loan and LVR will reduce during the Loan Term from sales of the Security Properties. On completion of the sale of a Security Property, the Loan facility will be reduced by the agreed net sale proceeds, and these funds will be returned to Investors.

The Manager has assessed the financial position of the Borrower and Guarantors and is satisfied that they are collectively financially capable of supporting a loan of this nature.

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 39%.
• The Target Return is 8.05% 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 Loan Term has been lodged on deposit with the Manager.
• The Loan Term is 12 months, subject to early or late repayment, from 15 August 2025 to 14 August 2026.

Investment Details

• Target Return

  8.05% net

• Loan to Value Ratio

  39%

• Term

  12 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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