Gledswood Place Glen Alpine NSW

Executive Summary

  • Loan Amount: $2,000,000
  • Loan Type: Bridging Loan
  • LVR: 68%
  • Date of Settlement: 23/09/2021
  • Expiry/Repayment Date: 23/09/2022
  • Loan/Investment Term: 12 months
  • Investor Return: 7.00%
  • Security property comprises an established residential dwelling (built circa 2001) on an irregular parcel of land of approximately 880sqm with in the established Sydney suburb Glen Alpine NSW, 56km to the Southwest of Sydney CBD.Security property comprises a converted residential dwelling on an irregular parcel of land of approximately 1,739sqm within the established Sydney suburb Campbelltown NSW, 56km to the Southwest of Sydney CBD.
  • Current funding request is to assist with purchase of Gledswood Investment property and to allow sufficient time for Borrower to restructure investment portfolio.

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