
CENTURIA BASS FUNDS $66.5M MIXED-USE DEVELOPMENT ON LAKE MACQUARIE
May 2025
We are pleased to announce the recent closure of a first mortgage construction facility for a mixed-use development in Belmont, NSW.
The project comprises 32 residential apartments across eight levels, three retail suites, and three levels of basement parking.
Situated directly on Lake Macquarie, just 20 km southwest of Newcastle, the site offers close proximity to retail precincts, schools, and the local hospital. Belmont’s combination of natural beauty and leisure amenities makes it an attractive destination for both young families and downsizers.
With local population growth projected to exceed 35% over the next 20 years, this development contributes meaningfully to meeting the increasing demand for new housing in the area.
For more information on bespoke lending solutions, contact our team of experts today.