Construction Residential Apartments, Doncaster East VIC

Development Location:
The property is situated at 3 Red Hill Terrace, Doncaster East VIC

Development Type:

The amount of the loan facility is $11,045,000.00 and is for a term of 20 months.

The purpose of the loan facility is to provide funding for the construction of a seven (7) level apartment building to comprise of 36 residential apartments and two (2) basement car parking levels.ilsl default logo for web site

The development includes:-

  • 7 x one bedroom apartments
  • 23 x two bedroom apartments
  • 6 x three bedroom apartments

Each apartment is complimented with a balcony and secure basement car space.

The location is approximately 400 metres east from Stockland The Pines shopping centre with Westfield Doncaster shopping centre approximately 5km to the south-west.  The area includes two schools within 1.5km, close bus service facilities and good access to the arterial road network including the Eastern Freeway approximately 4.5km to the south.

The central area is undergoing a transformation with new residential and mixed-use projects plus a revitalised cafe/restaurant precinct.  The subject site is situated to the north of this central area.

Should you require further information in regards to this loan, please contact us to obtain the Supplementary Product Disclosure Statement.