Open for Investment
Residential in-fill land
The Loan is secured by first registered mortgages over two adjoining lots comprising 17.91ha of land, the majority (56%) of which is zoned Low Density Residential and located within the north-western Sydney suburb of Kellyville.
The Security Properties were strategically acquired by the Borrower as a future residential site some time ago as they are situated within the NSW Government’s designated 'North West Growth Sector'. The Borrower Group are currently in the process of applying for council approval to develop 83 residential lots.
The Borrower is a long established and well capitalised Australian development and investment company.
Target Return (net)7.45%
Loan to Value Ratio59%
Term to Run (Mths)11 Mths
All Current Investments.
All loans are credit approved before being offered to investors. All target returns are net of fees.
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