Loan Amount: $2,100,000 Loan Type: Bridging Loan LVR: 70% Date of Settlement: 30/05/2022 Expiry/Repayment Date:29/05/2023 Loan/Investment Term: 12 months Investor Return: 7.00% To assist with completion of purchase The Borrower will lease the property for approx. $1,800k per week. Once he lodges his tax returns, he will refinance to a more competitive facility however needed […]
Loan Amount: $4,000,000 Loan Type: Land Subdivision LVR: 54% Date of Settlement: 29/07/2021 Mature date: 28/11/2022 – 28/02/2023 Actual Expired Date: 07/06/2022 Loan/Investment Term: 16-19 months Investor Return: 7.00% To provide funds for the subdivision and associated infrastructure of 21 residential lots (Stage 2 only). Borrower appears to have acceptable track record in investment and
139 Coronet Bay VIC Read More »
Loan Amount: $3,250,000 Loan Type: Bridging Loan LVR: 65% Date of Settlement: 01/06/2022 Expiry/Repayment Date: 01/09/2022 Loan/Investment Term: 3 months Investor Return: 6.50% Funding Required to assist with the extension of the original facility. Original funds were used for the refinance of property and allow Borrower to obtain construction facility. The Borrower is an experienced
Loan Amount: $5,950,000 Loan Type: Bridging Loan LVR: 70% Date of Settlement: 28/09/2021 Expiry/Repayment Date: 27/06/2022 Actual Repayment Date: 08/06/2022 Loan/Investment Term: 9 months Investor Return: 6.90% The Loan has been approved by the Manager as complying with the Trust’s investment criteria. Total land area is 615sqm and total lettable area is 930sqm.
Loan Amount: $3,400,000 Loan Type: Bridging Loan LVR: 56% Date of Settlement: 04/05/2022 Actual Expired Date: 03/05/2023 Loan/Investment Term: 12 months Investor Return: 7.00% Funding required to assist with purchase of property The Borrower appears to have acceptable track record in investment & property development; having undertaken and delivered various ventures and projects.
Loan Amount: $2,080,000 Loan Type: Construction Loan LVR: 65.62% Date of Settlement: 24/05/2022 Expiry/Repayment Date:23/06/2023 – 23/09/2023 Loan/Investment Term: 13 – 16 months Investor Return: 6.95% Current funding request is to refinance existing Austar bridging facility and roll into construction of 4 townhouses over the development site. Security property is comprised a rectangular irregular vacant
Loan Amount: $4,500,000 Loan Type: Bridging Loan LVR: 57% Date of Settlement: 17/05/2022 Expiry/Repayment Date: 17/02/2023 Loan/Investment Term: 9 months Investor Return:7.10% Funding required to assist land refinance and development cost A recently completed residential land subdivision comprising of two residential land lots and three C4 Environmental Living land lots forming part of 47-49 Gum
222 North Kellyville NSW Read More »
Loan Amount: $5,000,000 – The Third Tranche Loan Type: Bridging Loan LVR: 29.12% Based on Facility Limit of $15,000,000 (All Three Tranches) Date of Settlement: 23/05/2022 Expiry/Repayment Date:23/05/2023 Loan/Investment Term: 12 months Investor Return: 6.50% To assist the funding for the finishing of the cosmetic construction work and working capital for upstart operations Refinance to
Loan Amount: $3,120,000 Loan Type: Bridging Loan LVR: 65% Date of Settlement: 30/11/2021 Expiry/Repayment Date: 29/11/2022 Loan/Investment Term: 12 months Investor Return: 6.85% Funding required to assist with completion of purchase of future residential development site. The Property has been valued by Egans Property Valuers on the 25/10/2021 for $4,800,000 “As Is” on a comparable
Loan Amount: $8,400,000 Loan Type: Bridging Loan LVR: 70% Date of Settlement: 04/02/2022 Mature date: 04/02/2023 Loan/Investment Term: 12 months Investor Return: 7.00% To assist with the refinance of the residual loan balance of the construction facility
Level 6, 6-10 O’Connell St,
Sydney, NSW 2000
Level 7, 99 William St,
Melbourne, VIC 3000
Level 9, 100 Edward St,
Brisbane, QLD 4000
