Open for Investment
Mount Martha, VIC
The Loan is secured by a first registered mortgage over 21 individually titled residential lots situated within a completed residential estate in Mount Martha, VIC, approximately 60kms south of the Melbourne CBD.
The Security Properties are situated within close proximity to the Mount Martha Public Golf Course, Martha Cove marina development, Mount Martha retail precinct and other public amenities.
The Security Properties range in size from 1,038m2 to 1,872m2, are predominantly elevated and provide expansive views of Mount Martha and Port Phillip Bay.
The Borrower Group intends to seek approval to undertake a staged development to construct ultra-luxury residential dwellings on the individual Security lots with the intention of on-selling them to local and international buyers seeking luxury lifestyle properties.
The Borrower Group are experienced property developers both locally and in China.
Target Return (P.A. net)7.7%
Loan to Value Ratio65%
Term to Run (Mths)24 Mths
Minimum Initial Investment$10,000
All Current Investments.
All loans are credit approved before being offered to investors. All target returns are net of fees.
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