Completed

Gladesville, NSW

Retail Strata Units

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

Investment Details

  • Target Return
    7.2% net
  • Actual Return
    7.2%
  • Loan to Value Ratio
    60%
  • Date Commenced
    27/07/2018
  • Repaid
    26/09/2018
  • Original Term
    4 Months
  • Actual Term
    2Months

Loan Information

Loan Amount $2,863,550
Security 1st registered mortgages and a General Security Agreement over the Borrower
Asset 2 newly developed, leased retail strata units at Gladesville, NSW
Tenant(s)
Borrower The Borrower Group is one of Australia's leading privately owned property construction companies. The group was founded over 37 years ago and has constructed over 4,000 residential and retirement living apartments with a total project value exceeding $4 billion.