- 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 and recent sales basis as acceptable security for first mortgage purposes.