The property site is zoned R2, for low density residential and is well located within the region, being in proximity to the existing public transport network, amenities and major transport nodes in the area. Box Hill city centre is approximately 4.7 km to the south-west of the subject site.
Fully Funded
Hawkesbury City Council
|
New South Wales

Landen Construction Note

The property site is zoned R2, for low density residential and is well located within the region, being in proximity to the existing public transport network, amenities and major transport nodes in the area. Box Hill city centre is approximately 4.7 km to the south-west of the subject site.

Project Details
S$ 4.86 M
Funds Invested
6.10%
Nett Interest Rate Per Annum
12
Tenure (Months)
Monthly
Repayment Scheme
June 19, 2024
Loan Start Date
June 18, 2025
Loan End Date

Project Description

Location
The property is located in a north-western suburb of Oakville. Neighbouring development comprises rural/residential properties, interspersed with either newly completed subdivision or currently under construction and modern residential. The property is 2.6 kilometres north-east from Vineyard railway station. Public bus services are available along Commercial Road within proximity to the subject site.

Development Project
The property site is zoned R2, for low density residential and is well located within the region, being in proximity to the existing public transport network, amenities and major transport nodes in the area. Box Hill city centre is approximately 4.7 km to the south-west of the subject site. The property is not located in a flood risk zone, with many properties in the designated growth area now subject to development restrictions, this further enhances the desirability of the property as a development site.

The property has a total site area of 55,400 square metres ​​​​and will be subdivided into 91 title sections, comprised of 87 residential sections, a temporary OSD basin and three residue lots. The OSD basin will be further subdivided into four sections which forms stage two of the subdivision.

Purpose
To assist with the 91 lot subdivision located at 44 Menin Road, Oakville, NSW

Exit Strategy
The primary exit strategy is to sell the completed lots.

Construction Progress
To be commenced.

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The property site is zoned R2, for low density residential and is well located within the region, being in proximity to the existing public transport network, amenities and major transport nodes in the area. Box Hill city centre is approximately 4.7 km to the south-west of the subject site.

Landen Construction Note

The property site is zoned R2, for low density residential and is well located within the region, being in proximity to the existing public transport network, amenities and major transport nodes in the area. Box Hill city centre is approximately 4.7 km to the south-west of the subject site.
6.10%
nett p.a.
|
12
months
The property is in the suburb of Broadmeadows, within Melbourne's northern industrial sub-market. Located in the precinct to the North of Camp Road, south of Broadfield Road and bordering the Merlynston Creek to the west, the property is approximately 15 kilometres north of the Melbourne CBD.

Broadmeadows

The property is in the suburb of Broadmeadows, within Melbourne's northern industrial sub-market. Located in the precinct to the North of Camp Road, south of Broadfield Road and bordering the Merlynston Creek to the west, the property is approximately 15 kilometres north of the Melbourne CBD.
6.28%
nett p.a.
|
12
months
The property is situated within the Mittagong industrial estate, located in the prestigious Southern Highlands, within the Wingecarribee Shire Council area. It is well located within 5 minutes from the town centre and 5 minutes to the Hume Motorway, the key arterial road connecting Sydney, Canberra and Melbourne.

Mittagong

The property is situated within the Mittagong industrial estate, located in the prestigious Southern Highlands, within the Wingecarribee Shire Council area. It is well located within 5 minutes from the town centre and 5 minutes to the Hume Motorway, the key arterial road connecting Sydney, Canberra and Melbourne.
6.08%
nett p.a.
|
8
months
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