The Hampshire Rd Sunshine VIC Trust

Executive Summary

  • 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.

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