Residential Apartments – Residual Stock Facility
Please note that this investment is now closed. The information below is for historical purposes only.
Target Return7.7% net
Loan to Value Ratio53%
Original Term12 Months
|Security||1st registered mortgages, joint and several guarantees and a General Security Agreement over the Borrower|
|Asset||Four (4) residential apartments at Sherwood, QLD|
|Borrower||The Borrower is a privately-owned residential development company with experienced in residential development.|