Completed

Woombye, QLD

Residual residential lots and a completed residence

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
    47%
  • Date Commenced
    09/08/2018
  • Repaid
    26/10/2018
  • Original Term
    4 Months
  • Actual Term
    2Months

Loan Information

Loan Amount $1,042,280
Security 1st registered mortgages, joint and several guarantees and a General Security Agreement over the Borrower
Asset Four residual residential land lots and a completed residence at Woombye, QLD
Tenant(s)
Borrower The Borrower group comprises the principal directors of a surveyor/town planner and a registered local builder; both run established businesses and have significant property development experience.