King Street Melbourne VIC

Executive Summary

  • 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.

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