Thomastown industrial land opportunity

  • November 2023

    Loan Commencement

  • $23.16 million

    Property Valuation

  • 12 month

    Term (6 months minimum)

  • 34.54%

    LVR at settlement

  • 9.25% per annum

    Variable interest rate
    (net of fees to investors)

The PPD Thomastown Credit Trust is secured as a first registered mortgage to fund the conversion of the property into an industrial hardstand. The location provides excellent access to the Port of Melbourne, Melbourne CBD and the northern western suburbs of Melbourne.

The Trust has forecasted cash distributions as above 9.25% p.a. variable paid monthly in arrears across the 12-month investment term of the Trust.