Location
Corio is a residential and industrial area, which forms one of the largest suburbs of Geelong. It is located approx. 9km north of Geelong CBD and 67.5km from Melbourne CBD. The subject site represents one of the most significant and versatile Commercial zoned developments in the Corio/Geelong region. The land size is 41,535 m2 with frontage of approximately 204m to Bacchus Marsh Road and close to 500m from the Princes Freeway exit.

Development
A planning permit was issued on the 3 December 2025 for the development of 118 Warehouses and 6 Retail spaces ranging from 153sqm to 652sqm in area. The site is for a multi-use development, subdivision of land, alteration and creation of access to a Transport Zone 2, display illuminated business identification signage and car parking. Currently on track to commence works on site by end of May 2026.

Purpose
The Loan proceeds will be used to fund for 118 Warehouses and 6 Retail spaces ranging from 153sqm to 652sqm in area in Corio.

Exit Strategy
The primary exit is via sale and settlement of the warehouses.