Retail Strata Units
Please note that this investment is now closed. The information below is for historical purposes only.
Target Return7.2% net
Loan to Value Ratio60%
Original Term4 Months
|Security||1st registered mortgages and a General Security Agreement over the Borrower|
|Asset||2 newly developed, leased retail strata units at Gladesville, NSW|
|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.|