Completed

Nicholls, ACT

Commercial Strata Property

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

Investment Details

  • Target Return
    7.3% net
  • Actual Return
    7.3%
  • Loan to Value Ratio
    59%
  • Date Commenced
    15/12/2016
  • Repaid
    13/12/2018
  • Original Term
    24 Months
  • Actual Term
    24Months

Loan Information

Loan Amount $1,240,000
Security 1st registered mortgage, General Security Agreement plus Director and Corporate Guarantees
Asset Commercial Strata Property
Tenant(s)
Borrower Established company, family owned, supported by personal guarantees of directors who have significant net worth