Wave Avenue Mount Waverley VIC Trust

Executive Summary

  • Loan Amount: $1,349,047.50
  • Loan Type: Construction Loan
  • LVR: 47%
  • Date of Settlement: 20/08/2020
  • Mature date: 19/11/2021
  • Actual Expired Date: 19/11/2021
  • Loan/Investment Term: 15 months
  • Investor Return: 7.60%
  • The Loan is secured by a first registered mortgage over 65 Wave Avenue, Mount Waverley, VIC 3149, an established older style single level dwelling on a total land area of 1,052 sqm.
  • The Loan is secured by a first registered mortgage over security properties, personal guarantee, a General Security Agreement over the Borrower and Tripartite agreement between the Lender, Developer and Builder.

For more information?
Click here to apply for being an investor

If you have not yet applied to become an Austar investor,
you can apply online now and you will probably be able to complete your application in a few minutes.