Upper Edward Street Spring Hill QLD

Executive Summary

  • Loan Amount: $1,680,000
  • Loan Type: Bridging Loan
  • LVR: 60%
  • Date of Settlement: 16/07/2021
  • Mature date: 15/10/2022
  • Actual Expired Date: 02/02/2022
  • Loan/Investment Term: 15 months
  • Investor Return: 7.00%
  • Property is currently vacant land.Purchased for $3,000,000 in May 2021.
  • Borrower appears to have acceptable track record in investment, business and property, having undertaken and delivered various ventures and projects.

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