Fully Invested

Surfers Paradise & Gilston, QLD

A 5-bedroom dwelling in Surfers Paradise, QLD and a 2.37ha residential lot with minor improvements in Gilston, QLD

The Loan is secured by first registered mortgage over a 5 bedroom dwelling in Surfers Paradise, QLD approximately 7km south of the Southport CBD, and a 2.37ha residential property with minor improvements in Gilston, QLD approximately 15km west of the Southport CBD.

The purpose of the Loan was to refinance a previous Balmain Discrete Mortgage Income Trusts (BDMIT) sub-trust known as the Saint Andrews Avenue Sub-Trust. The Borrower conducted the previous sub-trust in a prompt and punctual manner and in accordance with loan documentation. 

The Surfers Paradise property is improved with five (5) bedrooms, two (2) bathrooms and a double car garage in good internal and external condition. The property is in close proximity to schools and public transport and benefits from being just 100m from 'Capri on Via Roma' which is a marketplace with gourmet eateries, gift shops and a Harris Farm supermarket.

The Gilston property has minor improvements comprising a low set building, shed/garage, clothesline, fencing and gravel driveway. The property is within 5km of schools, local shopping facilities and public transport.

The Borrower is an experienced project marketer and sales agent.

  • The Loan was advanced at a Loan to Value Ratio of 65%.
  • The Target Return is 8.20% p.a., net of fees and expenses, and is paid to Investors monthly in arrears.
  • Interest for the Loan Term has been lodged on deposit with the Manager.
  • The Loan Term is 6 months, subject to early or late repayment, from 21 May 2026 to 20 November 2026.

Investment Details

  • Target Return
    8.2% net
  • Loan to Value Ratio
    65%
  • Term
    6 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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