Ivanhoe, VIC

Residential Development Site - Permit Approval Pending

The Loan is secured by first registered mortgage over a single level, 4 bedroom dwelling with future development potential located in Ivanhoe, VIC, approximately 9km north east of the Melbourne CBD.

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

The immediate surroundings comprise a blend of heritage homes, multi-unit townhouse developments and low-rise apartment buildings.

A development application was lodged in 2025 and is under consideration with the local Council for the development of five (5) double storey homes. The development application is expected to be approved in early 2026.

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

• The Loan was advanced at a Loan to Value Ratio of 70%.
• The Target Return is 8.10% p.a., net of fees and expenses, and is paid to Investors monthly in arrears.
• The Loan is supported by multiple joint and several personal guarantees and a General Security Agreement over the Borrower.
• Interest for the Term of the Loan has been lodged on deposit with the Manager. 
• The Loan Term is 12 months, subject to early or late repayment, from 5 November 2025 to 4 November 2026.

Investment Details

• Target Return

  8.1% net

• Loan to Value Ratio

  70%

• 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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