The security property is situated in Sunbury, approximately 35 km northwest of central Melbourne.
The property comprises a 10.33ha landholding within the Sunbury South Precinct Structure Plan and is designated as a Major Town Centre.
The Borrower is progressing an amended development proposal which is intended to deliver a sub-regional shopping centre of approximately 30,000m² NLA, together with potential future serviced apartment, office and medical components.
