Completed

Glen Iris, VIC

Residential Apartments

Please note that this investment is now closed. The information below is for historical purposes only.

Investment Details

  • Target Return
    8.65% net
  • Actual Return
    8.65%
  • Loan to Value Ratio
    65%
  • Date Commenced
    14/03/2018
  • Repaid
    14/02/2019
  • Original Term
    11 Months
  • Actual Term
    11Months

Loan Information

Loan Amount $440,227
Security 1st registered mortgage, multiple joint and several guarantees and General Security Agreements over the Borrower & Guarantor
Asset Well-positioned residential property, located in Glen Iris, VIC
Tenant(s)
Borrower The Borrower is a Special Purpose Vehicle (SPV) created for the sole purpose of developing the Security Property.