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.

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 Credit Connect Group. You can start building your own first mortgage investment portfolio now by investing in an individual loan with Credit Connect Group.