Loan Amount: $5,950,000 Loan Type: Bridging Loan LVR: 70% Date of Settlement: 28/09/2021 Expiry/Repayment Date: 27/06/2022 Actual Repayment Date: 08/06/2022 Loan/Investment Term: 9 months Investor Return: 6.90% The Loan has been approved by the Manager as complying with the Trust’s investment criteria. Total land area is 615sqm and total lettable area is 930sqm.
Loan Amount: $3,400,000 Loan Type: Bridging Loan LVR: 56% Date of Settlement: 04/05/2022 Actual Expired Date: 03/05/2023 Loan/Investment Term: 12 months Investor Return: 7.00% Funding required to assist with purchase of property The Borrower appears to have acceptable track record in investment & property development; having undertaken and delivered various ventures and projects.
Loan Amount: $2,080,000 Loan Type: Construction Loan LVR: 65.62% Date of Settlement: 24/05/2022 Expiry/Repayment Date:23/06/2023 – 23/09/2023 Loan/Investment Term: 13 – 16 months Investor Return: 6.95% Current funding request is to refinance existing Austar bridging facility and roll into construction of 4 townhouses over the development site. Security property is comprised a rectangular irregular vacant
Loan Amount: $4,500,000 Loan Type: Bridging Loan LVR: 57% Date of Settlement: 17/05/2022 Expiry/Repayment Date: 17/02/2023 Loan/Investment Term: 9 months Investor Return:7.10% Funding required to assist land refinance and development cost A recently completed residential land subdivision comprising of two residential land lots and three C4 Environmental Living land lots forming part of 47-49 Gum
222 North Kellyville NSW Read More »
Loan Amount: $5,000,000 – The Third Tranche Loan Type: Bridging Loan LVR: 29.12% Based on Facility Limit of $15,000,000 (All Three Tranches) Date of Settlement: 23/05/2022 Expiry/Repayment Date:23/05/2023 Loan/Investment Term: 12 months Investor Return: 6.50% To assist the funding for the finishing of the cosmetic construction work and working capital for upstart operations Refinance to
Loan Amount: $3,120,000 Loan Type: Bridging Loan LVR: 65% Date of Settlement: 30/11/2021 Expiry/Repayment Date: 29/11/2022 Loan/Investment Term: 12 months Investor Return: 6.85% Funding required to assist with completion of purchase of future residential development site. The Property has been valued by Egans Property Valuers on the 25/10/2021 for $4,800,000 “As Is” on a comparable
Loan Amount: $8,400,000 Loan Type: Bridging Loan LVR: 70% Date of Settlement: 04/02/2022 Mature date: 04/02/2023 Loan/Investment Term: 12 months Investor Return: 7.00% To assist with the refinance of the residual loan balance of the construction facility
Loan Amount: $10,400,000 Loan Type: Bridging Loan LVR: 65% Date of Settlement: 18/02/2022 Mature date: 18/05/2022 Actual Expired Date: 02/05/2022 Loan/Investment Term: 3 months Investor Return: 6.80% To assist with property acquisition and cover timing shortfall until adjoining properties settle (30 April 2022) and roll into fund through construction facility.
Loan Amount: $5,000,000 Loan Type:Bridging Loan LVR: 69.73% (not to exceed 70%) Date of Settlement: 9/02/2022 Mature date: 9/02/2023 Actual Expired Date: 9/02/2023 Loan/Investment Term: 12 months Investor Return:6.85% Funding is required to assist with the preliminary works on subject site and allow Borrower to recapitalise and secure new sites. Security property is comprised of
202 Hampton Park VIC Read More »
Loan Amount: $3,308,000 Loan Type: Bridging Loan LVR: 40% Date of Settlement: 25/04/2022 Expiry/Repayment Date: 25/04/2023 Loan/Investment Term: 12 months Investor Return: 7.00% Funding required to assist with purchase of properties.
Level 6, 6-10 O’Connell St,
Sydney, NSW 2000
Level 7, 99 William St,
Melbourne, VIC 3000
Level 9, 100 Edward St,
Brisbane, QLD 4000
