Completed

Malvern East, VIC

Residential Property

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

Investment Details

  • Target Return
    7.45% net
  • Actual Return
    7.45%
  • Loan to Value Ratio
    57%
  • Date Commenced
    08/06/2018
  • Repaid
    25/10/2018
  • Original Term
    5 Months
  • Actual Term
    4Months

Loan Information

Loan Amount $1,600,000
Security 1st registered mortgage, joint and several guarantees and a General Security Agreement over the Borrower
Asset Well-positioned residential investment property, located in Malvern East, VIC, approximately 12kms south-east of Melbourne’s CBD
Tenant(s)
Borrower The principals of the borrower run a tree surfing business and have provided joint and several personal guarantees for the full loan amount plus interest.