High Street Kew East Trust

Executive Summary

  • Loan Amount: $2,905,000
  • Loan Type: Bridging Loan
  • LVR: 70%
  • Date of Settlement: 09/08/2021
  • Expiry/Repayment Date: 09/08/2022
  • Loan/Investment Term: 12 months
  • Investor Return: 6.95%
  • The Loan is secured by a first registered mortgage over a 564 sqm development site with all construction complete of a 5 multi-storey townhouse development at Kew East Victoria 3102.The Loan is secured by a first registered mortgage, joint and several personal guarantees, and a General Security Agreement over the Borrowers assets.

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