- Loan Amount:$1,610,000
- Loan Type: Bridging
- LVR:70%
- Date of Settlement: 04/12/2024
- Expiry/Repayment Date:04/09/2025
- Loan/Investment Term: 9 months
- Investor Return: 9.00%
- To allow additional time to progress DA application with Council, and to refinance existing debt and equity release.
- Borrower appears to have acceptable track record in development, building and property, having undertaken and delivered various ventures and projects.