265 San Remo VIC

Executive Summary

  • Loan Amount:$12,350,000
  • Loan Type: Construction
  • LVR: 35%
  • Date of Settlement: 12/09/2022
  • Expiry/Repayment Date:12/08/2023 -12/11/2023
  • Loan/Investment Term: 11 -14 months
  • Investor Return: 7.50%
  • Funds to refinance existing debt and assist with construction of 84 residential allotments
  • The Borrower has an acceptable track record in property development, having undertaken and delivered one project previously.
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