Investment Overview:

First mortgage funding in the sum of $6,825,000.00 is required to assist with a refinance of the security property.

The security property benefits from Development Consent (JRPP-16-03340) for the construction of an 18-storey mixed-use development, containing nine retail/commercial units on the ground and first floors, 133 residential apartments (58 x 1-bedroom, 58 x 2-bedroom and 17 x 3-bedroom) above three basement levels containing 136 car spaces and associated landscaping and stormwater drainage works.

Under the Blacktown LEP 2015, with the height limit having increased from 65 metres to 80 metres, the security property is now subject to plans for 216 units (204 residential apartment & 12 commercial/retail units).

The subject property has a site area of 2,024 square meters and is approximately 40km west of the Sydney CBD.

Zoned MU1 Mixed Use under the Blacktown Local Environmental Plan (LEP) 2015.

 

You can begin building your first mortgage investment portfolio today by investing in a first mortgage investment loan with Credit Connect Group (CCG). CCG is not responsible for the accuracy of information or images related to investments on our website.  Complete and final information on each specific investment opportunity is presented to our Investors via a Supplementary Information Memorandum (SIM). The detailed SIM is exclusively available to Investors registered with CCG.  To register and receive a copy of the SIM, please contact us via the enquiry form below, email us on [email protected] or phone 1300 795 507 to speak with our investment team.