- Loan Amount:$3,187,500
- Loan Type: Bridging
- LVR: 75%
- Date of Settlement: 03/08/2022
- Expiry/Repayment Date: 02/08/2023
- Loan/Investment Term: 12 months
- Investor Return: 7.30%
- To assist with acquisition of 2 adjoining properties and to allow sufficient time to obtain DA for a townhouse development.
- The Borrower has an acceptable track record in property development, having undertaken and delivered one project previously.