Completed

Rochedale, QLD

Rural Residential – Emerging Community Zone

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

Investment Details

  • Target Return
    7.4% net
  • Actual Return
    7.63%
  • Loan to Value Ratio
    49%
  • Date Commenced
    21/11/2017
  • Repaid
    8/02/2019
  • Original Term
    20 Months
  • Actual Term
    15Months

Loan Information

Loan Amount $5,200,000
Security 1st registered mortgage, multiple joint and several guarantees and a General Security Agreement over the Borrower
Asset Rural Residential Property, strategically located in Emerging Community Zone
Tenant(s)
Borrower The Borrower Group is an established property development and investment group with numerous investments in QLD. The director is also a licensed real estate agent and operates a large and successful real estate agency franchise business.