Completed

Bardia, NSW

Completed residential dwellings

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

Investment Details

  • Target Return
    7.45% net
  • Actual Return
    7.45%
  • Loan to Value Ratio
    31%
  • Date Commenced
    22/10/2018
  • Repaid
    3/12/2018
  • Original Term
    12 Months
  • Actual Term
    2Months

Loan Information

Loan Amount $5,985,000
Security 1st registered mortgage, multiple joint and several guarantees and a General Security Agreement over the Borrower
Asset Fifteen (15) residual residential dwellings at Bardia, NSW.
Tenant(s)
Borrower The Borrower Group is a substantial and successful residential land developer with over 60 years’ experience in land subdivision in greater Sydney.