DA Approved Residential Development Site
Please note that this investment is now closed. The information below is for historical purposes only.
Target Return8.95% net
Loan to Value Ratio65%
Original Term8 Months
|Security||1st registered mortgage, Guarantee and Indemnity from the director and beneficial owner, and a General Security Agreement over the Borrower|
|Asset||Residential Development Land in Carlingford, 22kms north-west of Sydney CBD|
|Borrower||The Borrower Group is an established property investment group who have completed development projects to the value of $1.4 billion in north and north-west Sydney|