Bluelake Court Tennyson SA

Executive Summary

  • Loan Amount: $2,415,000
  • Loan Type: Bridging Loan
  • LVR: 70%
  • Date of Settlement: 05/10/2021
  • Expiry/Repayment Date: 05/10/2022
  • Loan/Investment Term: 12 months
  • Investor Return: 6.99%
  • Security property is comprised of a luxury 3 story waterfront dwelling with pontoon at Tennyson SA.
  • Valued by JLL Valuers on the 09/07/2021 for $3,450,000 “As Is” on comparable and recent sales basis for first mortgage security purposes.

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