Abbotsford, VIC

High-density residential development site

The Loan is secured by first registered mortgage over a permit approved, high density residential development site in Abbotsford, VIC, approximately 3.5km north east of the Melbourne CBD in Abbotsford.

The site is approximately 2,428m² with over 60m of street frontage and is zoned 'Commercial 1' under the local planning scheme.

An amended Planning Permit was issued in October 2025 which allows for the development of a 9 level building comprising 90 apartments, 10 townhouses and two (2) ground level commercial tenancies.

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

The Borrower Group is well known to the Manager and is experienced in completing high density developments in inner Melbourne locations.

• The Loan was advanced at a Loan to Value Ratio of 70%.
• The Target Return is 7.80% p.a., net of fees and expenses, and is paid to Investors monthly in arrears.
• The Loan is supported by a limited director's guarantee 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 8 December 2025 to 7 December 2026.

Investment Details

• Target Return

  7.8% 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.

Start now by investing in an individual loan to commence building your own first mortgage investment portfolio with Balmain Private.