This Security Property is situated in Austral approximately 38 radial km south west of Sydney’s Central Business District.
Comprising two adjoining titles:
525 Fifteenth Ave (settled)
The Security Property comprises 1.562 hectares of developable land. A proposed Development Application proposes 28 residential allotments.
515 Fifteenth Ave
The Security Property comprises 1.767 hectares of developable land. A proposed Development Application proposes 21 residential allotments
Both of the above properties form part of a larger proposed residential development across 4 parcels encompassing 126 residential allotments. A condition of this loan is that all parcels currently under option must be consolidated with this facility subject to further valuation advice.