502 Hurstville Grove NSW

Executive Summary

  • Loan Amount:$3,150,000
  • Loan Type: Bridging
  • LVR:62%
  • Date of Settlement: 02/04/2024
  • Expiry/Repayment Date: 02/01/2025
  • Loan/Investment Term: 9 months
  • Investor Return: 9.00%
  • To provide funding to assist with refinance of existing facility and to provide working capital to get the occupancy certificate for a luxury duplex project
  • Borrower appears to have acceptable track record in development, building and property, having undertaken and delivered various ventures and projects.
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