Crown Street Darlinghurst NSW Trust

Executive Summary

  • Loan Amount: $28,958,198.00
  • Loan Type: Construction Loan
  • LVR: 64%
  • Date of Settlement: 21/02/2020
  • Mature date: 20/05/2021
  • Actual Expired Date: 22/04/2021
  • Loan/Investment Term: 15 months
  • Investor Return: 8.00%
  • This loan will fund $12,837,500.00 for land and $16,120,789.00 in project costs for a total of $28,958,289.00.
  • The Loan is secured by a first registered mortgage over a 665 square metre site at 249-255 Crown Street Darlinghurst NSW, along with a complete security package in accordance with Austar’s policies and the advice of Austar’s solicitors.

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