Salisbury Street, Wangaratta VIC

Executive Summary

  • Loan Amount: $1,000,000
  • Loan Type: Bridging Loan
  • LVR: 68.97%
  • Date of Settlement: 03/12/2021
  • Actual Expired Date02/12/2022
  • Loan/Investment Term: 12 months
  • Investor Return: 6.90%
  • The current funding request is to assist with the acquisition of the subject property, a future residential development site. The property is rural residential land, zoned general residential, comprising a total area of approx. 4.89 hectares.
  • The Borrower appears to have acceptable track record in investment & property development; having undertaken and delivered various ventures and projects.

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