Austar investments
218 Oak Park VIC
Loan Amount: $19,240,000 Loan Type: Construction Loan LVR:60% LTC: 76% Date of Settlement: 28/04/2022 Expiry/Repayment Date: 27/07/2023 – 27/10/2023 Loan/Investment Term: 15 – 18 months Investor Return: 7.00%(8.00% per annum effective from 24/10/2022) Fund construction of 82 x residential apartments. – $9.5m Debt cover held
266 Norwest NSW
Loan Amount:$1,155,000 Loan Type: Bridging LVR: 55% Date of Settlement: 16/09/2022 Expiry/Repayment Date: 16/09/2023 Loan/Investment Term: 12 months Investor Return: 8.00% Funding request required to assist with completion of acquisition. The Borrower has an acceptable track record in property development, having undertaken and delivered one project previously.
169 Tennyson SA
Loan Amount: $2,415,000 Loan Type: Bridging Loan LVR: 70% Date of Settlement: 05/10/2021 Repayment Date: 30/09/2022 Loan/Investment Term: 12 months Investor Return: 6.99% Security property is comprised of a luxury 3 story waterfront dwelling with pontoon at Tennyson SA. Valued by JLL Valuers on the 09/07/2021 for $3,450,000 “As Is” on comparable and recent
201 Hamilton QLD
Loan Amount: $2,360,000 Loan Type: Bridging LVR: 70% Date of Settlement: 09/02/2022 Repayment Date: 30/9/2022 Loan/Investment Term: 8 months Investor Return: 6.75% Funding required to refinance existing debts, allow sell down of other properties and obtain Development Approval for 2 dwellings over Hamilton land lots.
175 Orange NSW
Loan Amount: $6,500,000 Loan Type: Bridging LVR: 65% Date of Settlement: 22/10/2021 Repayment Date: 30/09/2022 Loan/Investment Term: 12 months Investor Return: 6.80% Funding required to assist with purchase of property, repayment of vendor finance completion of remediation works and setup of machinery. The Borrower appears to have an acceptable track record in property development, having
170 Kingston TAS
Loan Amount: $1,118,000 Loan Type: Bridging LVR: 65% Date of Settlement: 06/10/2021 Repayment Date: 30/09/2022 Loan/Investment Term: 12 months Investor Return: 6.60% Funding Required to assist with purchase of property. The Borrower appears to have an acceptable track record in property development, having undertaken and delivered various projects.
210 Schofields NSW
Loan Amount:$$2,900,000 Loan Type: Bridging loan LVR: 50% Date of Settlement: 31/03/2022 Repayment Date: 30/09/2022 Loan/Investment Term: 6 months Investor Return: 6.80% The subject childcare centre development site comprises a single square shaped lot of approximately 2,521m2, situated at Tallawong, which is a developing predominantly residential suburb located in between the established suburbs of Rouse
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