Completed

Sherwood, QLD

Residential Apartments – Residual Stock Facility

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
    53%
  • Date Commenced
    13/08/2018
  • Repaid
    13/12/2018
  • Original Term
    12 Months
  • Actual Term
    4Months

Loan Information

Loan Amount $1,291,000
Security 1st registered mortgages, joint and several guarantees and a General Security Agreement over the Borrower
Asset Four (4) residential apartments at Sherwood, QLD
Tenant(s)
Borrower The Borrower is a privately-owned residential development company with experienced in residential development.