Completed

Kenmore Hills, QLD, & Lawson, ACT

Residential property DA approved for Childcare plus residential townhouse

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

Investment Details

  • Target Return
    8.2% net
  • Actual Return
    8.2%
  • Loan to Value Ratio
    55%
  • Date Commenced
    15/05/2018
  • Repaid
    29/10/2018
  • Original Term
    5 Months
  • Actual Term
    5Months

Loan Information

Loan Amount $1,270,500
Security 1st registered mortgage, multiple joint and several guarantees and a General Security Agreement over the Borrower
Asset DA approved Childcare development site located in Kenmore Hills, QLD and a newly completed residential townhouse, located in Lawson, ACT
Tenant(s)
Borrower The Borrower is a Special Purpose Vehicle (SPV) created for the sole purpose of acquiring a Security Property