Leppington, NSW
Residential Development Site with DA Pending
The Loan is secured by first registered mortgage over a residential development site with DA pending located in Leppington, NSW, approximately 50km south west of the Sydney CBD.
The purpose of the Loan was to assist with the acquisition of the Security Property.
The site is zoned ‘R2 Low Density Residential’ under the State Environmental Planning Policy (Precincts – Western Parkland City) 2021.
A Development Application (DA) was lodged in May 2025 for the Security Property comprising 26 residential allotments ready for immediate development.
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 8.15% 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.
- The Manager has assessed the financial position of the Borrower and Guarantor as part of its credit approval process 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 11 December 2025 to 10 June 2027.
Investment Details
-
Target Return
8.15% 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.
Start now by investing in an individual loan to commence building your own first mortgage investment portfolio with Balmain Private.