Loan Amount: $2,090,000 Loan Type: Construction loan LVR: 61% Date of Settlement: 30/08/2021 Expiry/Repayment Date: 30/10/2022 – 30/01/2023 Loan/Investment Term: 14-17 months Investor Return: 6.75% Borrower have obtained DA since acquisition and will be owner builders. Property has been valued at $1,550,000 by Diamonds Valuers on the 10/06/2021. Property has been valued at $3,420,000 As […]
Loan Amount: $3,730,013 Loan Type: Construction loan LVR: 64% Date of Settlement: 09/07/2021 Expiry/Repayment Date: 08/11/2022 – 08/02/2023 Loan/Investment Term: 16-19 months Investor Return: 6.85% Borrower have obtained DA since acquisition and have contracted a 3rd party builder. The Loan has been approved by the Manager as complying with the Trust’s investment criteria.
Loan Amount: $23,000,000 Loan Type: Subdivision Loan LVR: 57% LTC: 63% Date of Settlement: 20/08/2021 Expiry/Repayment Date: 20/02/2023 – 20/04/2023 Loan/Investment Term: 18 months Investor Return: 7.40% The Loan is secured by a first registered mortgage over 150,000sqm approved residential lot subdivision at Strathtulloh Vic. The property was valued for 1st mortgage security purposes by […]
Loan Amount: $2,990,000 Loan Type: Bridging Loan LVR: 49% Date of Settlement: 17/08/2021 Expiry/Repayment Date: 17/02/2022 Loan/Investment Term: 6 months Investor Return: 6.50% The Loan is secured by a first registered mortgage over an established modern style two story dwelling on a total land area of 740 sqm in the suburb of Castle Cove NSW […]