Please note that this investment is now closed. The information below is for historical purposes only.
Target Return7.65% net
Loan to Value Ratio55%
Original Term12 Months
|Security||1st registered mortgage, joint and several guarantees and General Security Agreement over the Borrower|
|Asset||Commercial property, DA approved for redevelopment, located in McKinnon, VIC, approximately 12kms south-east of Melbourne’s CBD|
|Borrower||The Borrower group is a highly experienced local property developer with over 20 years’ experience.|