- Loan Amount: $2,900,000.00
- Loan Type: Construction Loan
- LVR: 65%
- Date of Settlement: 04/03/2020
- Mature date: 03/06/2021
- Actual Expired Date: 03/06/2021
- Loan/Investment Term: 15 months
- Investor Return: 7.30%
- The Loan is secured by a first registered mortgage over a 642 square metre construction certified site for construction of seven townhouses, one retail unit and one commercial office unit, at 77-79 Hampshire Road Sunshine, VIC.
- Funds are and will be utilised for construction finance. Specifically, for financing the development of a Planning Permit and CC approved residential development site with seven townhouses, one retail unit, and one commercial office unit.