256 Brighton VIC
Loan Amount:$10,500,000 Loan Type: Bridging LVR: 75% Date of Settlement: 2/08/2022 Expiry/Repayment Date: 2/02/2023 Loan/Investment Term: 6 months Investor Return: 7.20% To assist the settlement of land acquisition and subdivision into two lots. Borrower appears to have acceptable track record in investment and property development, having completed and currently delivering various projects in Australia
232 Sheidow Park SA
Loan Amount:$3,000,000 Loan Type: Bridging loan LVR: 57% Date of Settlement: 30/06/2022 Mature date: 30/06/2023 Loan/Investment Term: 12 months Investor Return: 7.25% Borrower appears to have acceptable track record in property investment building and development in line with current property purchase and future plans for subject properties.
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117 Broulee NSW
Loan Amount: $590,000 Loan Type: Bridging Loan LVR: 63.78% Date of Settlement: 28/04/2022 Expiry/Repayment Date: 28/10/2022 Loan/Investment Term: 6 months Investor Return: 6.90% Refinance existing loan which was originally granted to assist with settlement of purchase of residential vacant land. Total land area is 599sqm, with strong demand envisaged for the properties.
231 Toorak VIC
Loan Amount: $14,500,000 Loan Type: Bridging LVR: 75% Date of Settlement: 24/06/2022 Expiry/Repayment Date:23/12/2022 Loan/Investment Term: 6 months Investor Return: 7.10% To assist the settlement of land acquisition. The Borrower appears to have an acceptable track record in property development, having undertaken and delivered various projects.
129 Wollongong NSW
Loan Amount:$7,670,000 Loan Type: Bridging loan LVR: 65% Date of Settlement: 01/07/2021 Mature date: 30/06/2022 Actual Expired Date: 30/06/2022 Loan/Investment Term: 12 months Investor Return: 7.00% Borrower appears to have acceptable track record in investment and property development.
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