North Kellyville, NSW

DA Approved Residential Subdivision Development Site

The Loan is secured by first registered mortgage over two (2) adjoining residual allotments with a combined land area of 1,518m², located in North Kellyville, NSW, approximately 39km north west of the Sydney CBD.

The Security Properties benefit from close proximity to key amenities including educational, recreational and medical facilities, as well as access to public transport via local bus services and the Sydney Metro-Northwest line.

The site is zoned ‘R2 - Low Density Residential’ under the SEPP (Precincts – Central River City) 2021 and falls within The Hills Shire LGA. The site has Development Application (DA) approval for a 4-lot residential subdivision along with the construction of a new road.

Surrounding area comprises a mix of vacant and newly developed residential land lots, characterised by low density single and 2-level dwellings.

The director of the Borrower has over 20 years’ experience in land subdivision in the North-West growth corridor, and a proven track record of delivering over 20 residential and commercial projects in the region.

• The Loan was advanced at a Loan to Value Ratio of 65%.
• 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 joint and several guarantees 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 22 June 2026 to 21 June 2027.

Investment Details

• Target Return

  8.1% net

• Loan to Value Ratio

  65%

• 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.