- Loan Amount:$12,350,000
- Loan Type: Construction
- LVR: 35%
- Date of Settlement: 12/09/2022
- Expiry/Repayment Date:12/08/2023 -12/11/2023
- Loan/Investment Term: 11 -14 months
- Investor Return: 7.50%
- Funds to refinance existing debt and assist with construction of 84 residential allotments
- The Borrower has an acceptable track record in property development, having undertaken and delivered one project previously.