202 Hampton Park VIC

Executive Summary

  • Loan Amount: $5,000,000
  • Loan Type:Bridging Loan
  • LVR: 69.73% (not to exceed 70%)
  • Date of Settlement: 9/02/2022
  • Mature date: 9/02/2023
  • Actual Expired Date: 9/02/2023
  • Loan/Investment Term: 12 months
  • Investor Return:6.85%
  • Funding is required to assist with the preliminary works on subject site and allow Borrower to recapitalise and secure new sites.
  • Security property is comprised of two contiguous inside allotments regular shaped, sloping vacant parcel of residential land in the outer south eastern suburb of Hampton Park in the LGA of City of Casey.
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