Residential Land
Belmont, NSW
REF ID: LC-0139
Credit Connect Group is pleased to present the purchase of a property earmarked for future development, located in Belmont, NSW.
Investment Overview
The security property is a levelled vacant allotment with a slight crossfall and a total land area of 491 sqm.
The borrowing company also owns the two adjoining properties and purchased this property to amalgamate the site for future development. These properties are currently leased to third-party tenants at the rate of $580 p/w and $600 p/w respectively. All properties offer water views, are well-serviced by main roads and are connected to the usual facilities. The properties are zoned “MU1: Mixed Use” by the Lake Macquarie Local Environmental Plan.
The subject property is located at Belmont, NSW, approximately 20 km south-west of Newcastle CBD on the eastern side of Lake Macquarie.
Other notable landmarks within proximity include:
- Primewest Belmont Citi Centre 260m.
- Lake Macquarie Yacht Club 600m.
- Nine Mile Beach 5.6km.
- Newcastle Airport 41.7km.
You can begin building your private credit investment portfolio with Credit Connect Group (CCG) by investing in loans secured by Australian real estate. Information and images presented on this website are for general informational purposes only and should not be relied upon. While care has been taken, CCG does not warrant or guarantee the accuracy, completeness, or currency of such information. Full details of each investment opportunity are provided in an Information Memorandum (IM) specific to that opportunity. The IM is the only document upon which an investment decision should be based and is available exclusively to registered CCG investors. To register and obtain a copy of the IM, please complete the enquiry form below, email us at [email protected] or call 1300 795 507 to speak with our investment team.
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