Completed

Carlingford, NSW

DA Approved Residential Development Site

Please note that this investment is now closed. The information below is for historical purposes only.

Investment Details

  • Target Return
    8.95% net
  • Actual Return
    13.65%
  • Loan to Value Ratio
    65%
  • Date Commenced
    26/09/2018
  • Repaid
    20/12/2018
  • Original Term
    8 Months
  • Actual Term
    3Months

Loan Information

Loan Amount $4,680,000
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
Tenant(s)
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