The James Street Dromana VIC Trust

Executive Summary

  • Loan Amount: $4,675,000.00
  • Loan Type: Construction Loan
  • LVR: 55%
  • Date of Settlement: 18/08/2020
  • Mature date: 17/08/2021
  • Actual Expired Date19/02/2021
  • Loan/Investment Term: 12 months
  • Investor Return: 7.30%
  • All properties are currently tenanted.
  • The properties were valued for 1st mortgage security purposes by Lando Valuations on 19th June 2020 at $8,500,000.00 (excl. GST).

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