High Street Kew East Trust

Executive Summary

  • Loan Amount: $4,050,000
  • Loan Type: Construction Loan
  • LVR: 64.00%
  • Date of Settlement: 19/03/2020
  • Mature date: 18/03/2021
  • Actual Expired Date: 02/03/2021
  • Loan/Investment Term: 12 months
  • Investor Return: 7.30%
  • The Loan is secured by a first registered mortgage over a 564 sqm development site with completed basement work for 5 multi-storey townhouses at 595 High Street Kew East Victoria 3102.
  • Funds were used to assist the refinance the security site and progressively fund the construction work.

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