Completed

Wolli Creek, NSW

DA Approved Residential Development Site

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

Investment Details

  • Target Return
    7.7% net
  • Actual Return
    7.7%
  • Loan to Value Ratio
    50%
  • Date Commenced
    03/08/2018
  • Repaid
    17/10/2018
  • Original Term
    2 Months
  • Actual Term
    2Months

Loan Information

Loan Amount $8,700,000
Security 1st registered mortgages, unlimited guarantees and a General Security Agreement over the Borrower and a related party entity
Asset Residential development site with DA approval at Wolli Creek, NSW
Tenant(s)
Borrower The Borrower is an experienced property developer