370 San Remo VIC

Executive Summary

  • Loan Amount: $8,000,000
  • Loan Type: Bridging
  • LVR: 55%
  • Date of Settlement: 13/12/2023
  • Expiry/Repayment Date:13/12/2024
  • Loan/Investment Term: 12 months
  • Investor Return: 9.10%
  • To roll over existing construction facility and provide funds to borrower to complete stages 4-5 and other projects currently underway
  • Borrower appears to have acceptable track record in development, building and property, having undertaken and delivered various ventures and projects.
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