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209 Sussex Inlet NSW

Executive Summary

  • Loan Amount: $5,200,000
  • Loan Type: Bridging loan
  • LVR: 65% (actual 63.41%)
  • Date of Settlement: 17/03/2022
  • Expiry/Repayment Date: 16/03/2023
  • Loan/Investment Term: 12 months
  • Investor Return: 7.00%
  • Funding required to assist with purchase of property
  • Future
  • Future development site. The subject property comprises an irregular, battle axe shaped, vacant allotment with a total land area of 98,200 square metres. The allotment is an Englobo parcel suitable for sub-division subject to council consent.
  • Property has been approved for 2 lot subdivision by Council, with Borrower’s intention to then lodge further application for further subdivision into 113 lots.

WHAT THEY SAY

Testimonials

Mr. Chen
Melbourne Investor
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My friend introduced Austar Finance to me in 2020. This enabled me to gradually understand financial investment products. I know that investment is risky, so I am always very cautious when making decisions. However, Joyce patiently answered questions each time which helps me learned more about the competitive advantages of Austar.
Mrs. Wang
Melbourne Investor
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I was invited by a friend to participate in a celebration event held by Austar 2021, My family and children have some fun in event and also I met a lot of new friends there. It is fortunate to have chairman of Austar to introduce the the development of Austar, investment products, risk control and management and so on.
Mrs. Zhou
Melbourne Investor
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I have invested in many financial products, including bonds, stocks and so on, and I have also do my own research and compared many types of investments. I think risk management is very important in investment. Austar has been doing very well in this regard. I prefer Austar selective mortgage trust and Cash plus Fund Product.
Ratu Knight
Developer
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A seamless experience. This is the second development loan I have had the pleasure of dealing with Austar on for another one of my development sites. The boys understand finance far better than any other lender I have dealt with in the past and look to create solutions to my problems rather than shy away from a challenge.
Ken Hardaker
Developer
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Being a smaller boutique type Property Developer you need to have a strong working relationship with everyone involved in the delivery of your finished product. I can say with absolute confidence that our relationship with Austar and in particular Antony has been a harmonious one over the past three and a half years.
John
Developer
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My experience with Austar has been one of absolute professionalism. Every enquiry has been dealt with swiftly and followed up in writing. Every transaction and all documentation has been very straightforward and easy to understand. I would like to say thank you to Austar and the entire organisation with a special thanks to Steven Li who I have built up.

Contact Us

SYDNEY OFFICE
  • +61 2 9125 4100
  • sydney@austarfinance.com.au

Level 6, 6-10 O’Connell St,
Sydney, NSW 2000

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MELBOURNE OFFICE
  • +61 3 9078 7155
  • melbourne@austarfinance.com.au

Level 7, 99 William St,

Melbourne, VIC 3000

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BRISBANE OFFICE
  • +61 411 787 706
  • brisbane@austarfinance.com.au

Level 9, 100 Edward St,

Brisbane, QLD 4000

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