Rural Residential – Emerging Community Zone
Please note that this investment is now closed. The information below is for historical purposes only.
Target Return7.4% net
Loan to Value Ratio49%
Original Term20 Months
|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|
|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.|