Recently Funded Commercial Development Loans and Commercial Property Loans

RESIDENTIAL PROPERTY

North Rothbury, NSW 

First mortgage funding in the sum of $378,000 was required to assist the borrower in building a four bedroom residential dwelling, located in Huntlee suburb North Rothbury.

Loan Amount: $378,000

Gearing: 60% LVR

Term: 10m

Return: 9%

RESIDENTIAL PROPERTY 

Semaphore South, SA

First mortgage funding in the sum of $200,000, was required to provide working capital for business purposes. The property offered as security is currently unencumbered.

Loan Amount: $200,000

Gearing: 70%

Term: 24m

Return: 7.75%

RESIDENTIAL PROPERTY

Bargo, NSW

First mortgage funding in the sum of $1,215,000 was required to assist with the refinance of the current debts, provide working capital, together with capitalised interest.

Loan Amount: $1,215,000

Gearing: 45% LVR

Term: 12m

Return: 9.75%

RESIDENTIAL PROPERTY

Woodlands, NSW

First mortgage funding over subject property in the sum of $560,000 was required to assist with the refinancing of debt together with capitalised interest.

Loan Amount: $560,000

Gearing: 45% LVR

Term: 12m

Return: 9%

RESIDENTIAL PROPERTY

Wright, ACT

First mortgage funding in the sum of $320,000 was required with the purchase of the property located in the Canberra suburb of Wright, where the purchase proce was $495,000.

Loan Amount: $320,000

Gearing: 65% LVR

Term: 12m

Return: 8%

RESIDENTIAL PROPERTY

North Rothbury, NSW

First mortgage funding in the sum of $387,304 was required to assist the borrower in building four bedroom residential dwelling, located in Huntlee suburb North Rothbury.

Loan Amount: $387,304

Gearing: 58% LVR (On completion)

Term: 10m

Return: 9%

RESIDENTIAL PROPERTY

Surfers Paradise, QLD

First mortgage funding in the sum of $363,300 was required to assist with the purchase of a medium rise residential apartment, located in Surfers Paradise on Queensland’s Gold Coast.

Loan Amount: $363,300

Gearing: 70% LVR

Term: 36m

Return: 7%

RESIDENTIAL PROPERTY 

Truganina, VIC

First mortgage funding was required to assist with the purchase of a residential allotment and provide funding to assist with building a residential dwelling.

Loan Amount: $397,900

Gearing: 70% LVR “On Completion” 

Term: 9m

Return: 7.75%

RESIDENTIAL PROPERTY

Moss Vale, NSW

First mortgage funding in the sum of $2,100,000 was required to refinance the current loan to provide working capital together with two years capitalised interest.

Loan Amount: $2,100,000

Gearing: 40% LVR

Term: 24m

Return: 9.5%

RESIDENTIAL PROPERTY

Korora, NSW

First mortgage funding in the sum of $190,000 was required to assist with the purchase of a security property located in the coastal Coffs Harbour suburb of Korora.

Loan Amount: $190,000

Gearing: 20% LVR

Term: 24m

Return: 7%

RESIDENTIAL PROPERTY

Lilli Pilli, NSW

First mortgage funding in the sum of $2,500,000 was required with the refinance of the current loan and provide working capital, located in the South Sydney suburb of Lilli Pilli.

Loan Amount: $2,500,000

Gearing: 48% LVR

Term: 12m

Return: 7.75%

RESIDENTIAL PROPERTY

Romsey, VIC

First mortgage funding in the sum of $695,000 was required to assist with the purchase of the property located in the Northern Melbourne suburb of Romsey.

Loan Amount: $695,000

Gearing: 55% LVR

Term: 12m

Return: 7.75%

RESIDENTIAL PROPERTY

Belmont, WA

First mortgage funding in the sum of $308,000 was required to assist with the refinance of an existing mortgage of a residential dwelling located in the East Perth suburb of Belmont.

Loan Amount: $308,000

Gearing: 69% LVR

Term: 24m

Return: 8.75%

COMMERCIAL PROPERTY 

Waterloo Corner, SA

First mortgage funding was required to assist with the refinancing the current debt and providing two years capitalised interest on a Horticultural production land holding

Loan Amount: $360,000

Gearing: 24% LVR

Term: 24m

Return: 8%

COMMERCIAL PROPERTY

Jannali, NSW

First mortgage funding in the sum of $150,000 was required to provide the borrower with working capital, located in the South West Sydney suburb of Jannali.

Loan Amount: $150,000

Gearing: 20% LVR

Term: 12m

Return: 7.5%

RESIDENTIAL PROPERTY

Victoria Point, QLD

First mortgage funding in the sum of $375,000 was required to assist with the purchase of a property located in the South Eastern Brisbane suburb of Victoria Point.

Loan Amount: $375,000

Gearing: 56% LVR

Term: 12m

Return: 7.85%

RESIDENTIAL PROPERTY

Bonnyrigg Heights, NSW

First mortgage funding in the sum of $595,000 was required for business purposes to assist the borrower in completing renovation works to upgrade their showroom.

Loan Amount: $595,000

Gearing: 70% LVR

Term: 12m

Return: 7.5%

RESIDENTIAL PROPERTY

Rochedale, QLD

First mortgage funding in the sum of $770,000 was required for the refinance of the existing debt, financing costs and balance of funds for business working capital.

Loan Amount: $770,000

Gearing: 70% LVR

Term: 12m

Return: 7.25%

COM / RESI PROPERTY

Lismore / Koonorigan, NSW

First mortgage funding was required to assist with the purchase a property located in Lismore and refinance a property located in Koonorigan.

Loan Amount: $740,000

Gearing: 37% LVR

Term: 12m

Return: 10.75%

HOUSE AND LAND

Walloon, QLD

First mortgage funding was required to assist with the refinancing of seven allotments and provided construction financing on two of the seven allotments.

Loan Amount: $990,000

Gearing: 70% LVR

Term: 10m

Return: 9%

RESIDENTIAL PROPERTY

Canungra, QLD

Our private lenders assisted this borrower in the funding of $150,000 with first mortgage security over a property located the Scenic Rim Region, Canungra.

Loan Amount: $150,000

Gearing: 65% LVR

Term: 6m

Return: 3%

RESIDENTIAL PROPERTY

Mosman, NSW

First mortgage funding of $3,750,000 was required to refinance the current loan, provide capital to complete building works, provide pre-paid interest and working capital.

Loan Amount: $3,750,000

Gearing: 61.9% LVR

Term: 6m

Return: 9.75%

COMMERCIAL PROPERTY

Petersham / Redfern, NSW

First mortgage funding in the sum of $5,000,000 was required to assist with refinancing the current debt and provided working capital.

Loan Amount: $5,000,000

Gearing: 53.7% LVR

Term: 24m

Return: 8%

RESIDENTIAL PROPERTY

Upper Coomera, QLD

Funding in the sum of $250,000 assisted with the purchase of a residential property in Upper Coomera for completion of construction of property.

Loan Amount: $250,000

Gearing: 37.5% LVR

Term: 180 days

Return: 2%pm

LAND

Goulburn, NSW

First mortgage funding was required to assist with the purchase of a vacant residential allotment located in the “Teneriffe Estate” in the township of Goulburn.

Loan Amount: $150,000

Gearing: 63.8% LVR

Term: 12m

Return: 7.75%

RESIDENTIAL PROPERTY

Paradise Point, QLD

Second mortgage funding was provided to assist with working capital for business purposes. Security was on Ephraim Island a luxury residential development on the GC.

Loan Amount: $200,000

Gearing: 56% LVR

Term: 12m

Return: 13%

LAND

Drouin, VIC

Our private lenders assisted this borrower in the refinancing of a first mortgage facility, providing 12 months capitalised interest and working capital.

Loan Amount: $1,400,000

Gearing: 40% LVR

Term: 12m

Return: 10%

RESIDENTIAL PROPERTY

Balmain, NSW

First mortgage funding in the sum of $565,000 was required to assist with the refinance of an existing home loan and other debts where the borrower offered an apartment as security.

Loan Amount: $565,000

Gearing: 60% LVR

Term: 12m

Return: 7.75%

RESIDENTIAL PROPERTY

Kings Langley, NSW

A residential property was put up as security for first mortgage for funding in the sum of $150,000 which was required to assist the borrower with business working capital.

Loan Amount: $150,000

Gearing: 50% LVR

Term: 90 days

Return: 3%pm

COMMERCIAL PROPERTY

Abbotsford, VIC

Second mortgage funding in the sum of $116,600 was required to assist with business purposes. A commercial property was used as security.

Loan Amount: $116,600

Gearing: 55% LVR

Term: 6 months

Return: 2%pm

CONSTRUCTION AND DEVELOPMENT

Schofields, NSW

First mortgage funding was approved for refinancing the current debt ($4.1 mil) and providing development funding to assist with constructing 55 townhouses.

Loan Amount: $26,128,000

Gearing: 61% LVR

Term: 23m

Return: 11%

CONSTRUCTION AND DEVELOPMENT

Bairnsdale, VIC

Our lenders further assisted this borrower in the development of Stage 3 of a residential land sub-division comprising of 59 allotments located in Bairnsdale.

Loan Amount: $11,288,000

Gearing: 58% LVR

Term: 24m

Return: 13%

REFINANCE, LAND

Granville, NSW

Our private lenders assisted this borrower in the refinancing of a first mortgage over 6 adjoining parcels of land with a combined land area of 5,147.6 m2.

Loan Amount: $16,000,000

Gearing: 65% LVR

Term: 12m

Return: 9%

COMMERCIAL PROPERTY

Maitland, NSW

First mortgage funding in the sum of $500,000 was required to refinance the current debt on the properties. Approved for the development of ten residential apartments.

Loan Amount: $500,000

Gearing: 65% LVR

Term: 18m

Return: 8.5%

RESIDENTIAL PROPERTY

Albury, NSW / Kergunyah, VIC

First mortgage funding in the sum of $1,050,000 assisted the borrower in purchasing a property in Albury. Offering additional security their farming property.

Loan Amount: $1,050,000

Gearing: 44.6% LVR

Term: 12m

Return: 11.5%

COMMERCIAL PROPERTY

Malvern East / Brunswick, VIC

$1,100,000 assisted with the purchase of a commercial property in Malvern East. As additional security, the borrower offered another commercial property in Brunswick.

Loan Amount: $1,100,000

Gearing: 53% LVR

Term: 12m

Return: 9.5%

RESIDENTIAL PROPERTY

Glen Iris, VIC

First mortgage funding in the sum of $1,470,000 was approved to refinance the current loan and provided working capital for the borrower.

Loan Amount: $1,470,000

Gearing: 60% LVR

Term: 12m

Return: 9%

RESIDENTIAL PROPERTY

Medowie, NSW

Our peer to peer lenders assisted the borrower in the purchase of properties located in Medowie. The site has approval for 238 residential dwellings.

Loan Amount: $5,450,000

Gearing: 41.9% LVR

Term: 12m

Return: 10%

RESIDENTIAL PROPERTY

Mickleham, VIC

Our private lenders assisted this borrower in refinancing a current loan and provided twelve months pre-paid interest, together with working capital.

Loan Amount: $8,450,000

Gearing: 65% LVR

Term: 12m

Return: 10.5%

RESIDENTIAL PROPERTY

Lugarno, NSW

First mortgage funding was approved to assist the borrower in completing renovation works to an unencumbered residential dwelling in the Sydney suburb of Lugarno.

Loan Amount: $600,000

Gearing: 54.5% LVR

Term: 12m

Return: 7.75%

COMMERCIAL PROPERTY

Pakenham, VIC

First mortgage funding in the sum of $1,250,000 was approved to assist the borrower in providing working capital for business purposes.

Loan Amount: $1,250,000

Gearing: 50% LVR

Term: 12m

Return: 9.75%

RESIDENTIAL PROPERTY

Warwick, QLD

First mortgage funding was required to discharge the current lender. The borrowing company offered first mortgage security over three brand new townhouses.

Loan Amount: $577,000

Gearing: 70% LVR

Term: 12m

Return: 11%

COMMERCIAL PROPERTY

Braeside, VIC

Our private lenders assisted this borrower in the purchase of a strata titled commercial property located in the Melbourne suburb of Braeside.

Loan Amount: $396,000

Gearing: 60% LVR

Term: 24m

Return: 9.95%

RESIDENTIAL PROPERTY

Casuarina, NSW

Our peer to peer lenders assisted the borrower in the purchase of an oceanfront property located at Casuarina. Which they offered 2 beachfront properties.

Loan Amount: $3,072,000

Gearing: 65% LVR

Term: 12m

Return: 11%

RESIDENTIAL PROPERTY

Hope Island, QLD

Our private lenders assisted this borrower with the purchase of a business, where the borrower is offered an unencumbered home located at Sanctuary Cove as first mortgage security.

Loan Amount: $430,000

Gearing: 39% LVR

Term: 12m

Return: 7%

RESIDENTIAL PROPERTY

Cleveland, QLD

First mortgage funding was approved to assist the borrower with a purchase of three adjoining properties, the purchase price being $1,950,000.

Loan Amount: $860,000

Gearing: 65% LVR

Term: 12m

Return: 9%

REFINANCE, RESIDENTIAL

Chermside, QLD

First mortgage funding was provided to assist the borrower in refinancing their current debt and provide working capital for business purposes.

Loan Amount: $1,585,000

Gearing: 65% LVR

Term: 12m

Return: 7%

RESIDENTIAL PROPERTY

Logan Reserve, QLD

Our private lenders assisted with funding to repay a first mortgage debt of approximately $64,000 and provided working capital with a Development Approval application.

Loan Amount: $1,600,000

Gearing: 38% LVR

Term: 12m

Return: 10%

REFINANCE, RESIDENTIAL PROPERTY

Lennox Head, NSW

Our private lenders assisted this borrower in the refinancing of a first mortgage over a property and provided additional funding to build two dwellings (duplex).

Loan Amount: $1,365,000

Gearing: 60% LVR

Term: 12m

Return: 10.5%

REFINANCE, RESIDENTIAL PROPERTY

Lennox Head, NSW

Our peer to peer lenders assisted this repeat client in the refinancing of an existing mortgagee over a property and provided additional funding to build two dwellings.

Loan Amount: $2,400,000

Gearing: 60% LVR

Term: 12m

Return: 9.75%

RESIDENTIAL PROPERTY

Gosnells, WA

Our private lenders assisted this borrower in funding for an approval application, to sub-divide a property into 8 allotments with the land area of 3,645m2.

Loan Amount: $377,000

Gearing: 65% LVR

Term: 2 years

Return: 9.5%

RESIDENTIAL PROPERTY

Greenslopes, QLD

First mortgage funding was approved to assist the borrower with a purchase of a property, the purchase price being $714,000. Security was a vacant property with an area of 703m2.

Loan Amount: $464,000

Gearing: 65% LVR

Term: 12m

Return: 8.75%

RESIDENTIAL PROPERTY

Paradise Point, QLD

First mortgage funding was provided to assist working capital and the purchase of the property. The borrower offered a property located at “Sovereign Islands”.

Loan Amount: $1,440,000

Gearing: 60% LVR

Term: 12m

Return: 10.5%

RESIDENTIAL PROPERTY

Surfers Paradise, QLD

Our private lenders assisted with first mortgage funding to assist with the purchase of a business, the borrower offered an apartment located in the “Beachcomber Resort”.

Loan Amount: $160,000

Gearing: 69.5% LVR

Term: 12m

Return: 8.75%

REFINANCE, COMMERCIAL

Spring Hill / Carindale / Moorooka, QLD

Our private lenders assisted this borrower in the refinancing of their current loans as well as the purchase of a business, commercial property together with car park.

Loan Amount: $1,543,000

Gearing: 65% LVR

Term: 12m

Return: 10%

CONSTRUCTION AND DEVELOPMENT

Villawood, NSW

Our peer to peer lenders assisted this borrower in providing working capital for business purposes. The property located in the Western Sydney suburb of Villawood.

Loan Amount: $6,850,000

Gearing: 51.3% LVR

Term: 12m

Return: 9%

RESIDENTIAL PROPERTY

The Oaks, NSW

Our private lenders assisted this borrower for second mortgage funding to assist with the purchase of business products, the borrower offered a house located in western Sydney.

Loan Amount: $82,000

Gearing: 75% LVR

Term: 180 days

Return: 14%

RESIDENTIAL PROPERTY

Mooloolaba / Townsville / Warrubullen, QLD

Our private lenders assisted this borrower in the purchase of a property located in the North Queensland township of Innisfail. The borrower offered three properties as security.

Loan Amount: $400,000

Gearing: 52.9% LVR

Term: 12m

Return: 10%

REFINANCE, COMMERCIAL

Caulfield East, VIC

First mortgage funding was provided to assist with the refinance of the existing mortgagee ($3,900,000.00) and provide working capital to the borrower.

Loan Amount: $4,500,000

Gearing: 57% LVR

Term: 12m

Return: 9%

RESIDENTIAL PROPERTY

Castle Hill, NSW

Our private lenders assisted with first mortgage funding for the purchase of two adjoining residential properties with a purchase price of $6,600,000.

Loan Amount: $2,700,000

Gearing: 60% LVR

Term: 12m

Return: 11%

RESIDENTIAL PROPERTY

Castle Hill, NSW

First mortgage funding in the sum of $3,450,000 was required to assist the borrower with the purchase of two properties in the Sydney suburb of Castle Hill.

Loan Amount: $3,450,000

Gearing: 60% LVR

Term: 12m

Return: 11%

REFINANCE, RESIDENTIAL PROPERTY

Point Frederick, NSW

Our peer to peer lenders assisted this borrower in the refinancing of a first mortgage over 2 residential properties located in Point Frederick, a suburb of the Central Coast region of NSW.

Loan Amount: $2,400,000

Gearing: 60% LVR

Term: 12m

Return: 9.75%

CONSTRUCTION AND DEVELOPMENT

Bairnsdale, VIC

Our private lenders assisted this borrower in the development of Stage 1 of a residential land sub-division comprising of 74 allotments.

Loan Amount: $8,495,000

Gearing: 43% LVR

Term: 18m

Return: 14%

REFINANCE, COMMERCIAL

Kangaroo Point, QLD

First mortgage funding was provided to refinance the current lender and to assist with the construction of 144 apartments and ground floor (4) retail tenancies.

Loan Amount: $2,750,000

Gearing: 50% LVR

Term: 6m

Return: 10%

REFINANCE, BUSINESS LOAN

Lilli Pilli, NSW

Our private lenders assisted this borrower with working capital and with the refinancing of a first mortgage over a modern refurbished multi-level waterfront residential dwelling.

Loan Amount: $2,250,000

Gearing: 47% LVR

Term: 24m

Return: 8%

COMMERCIAL PROPERTY

Blacktown, NSW

Our peer to peer lenders assisted this borrower, an experienced developer, with first mortgage funding over a development property with a land area of 4,720m2.

Loan Amount: $10,300,000

Gearing: 49% LVR

Term: 12m

Return: 9%

LAND

Kingscliff, NSW

First mortgage funding was required to assist with the purchase of three adjoining beachfront allotments, located at Kingscliff.

Loan Amount: $1,462,000

Gearing: 65% LVR

Term: 12m

Return: 8.5%

RESIDENTIAL PROPERTY

Wentworthville, NSW

First mortgage funding was required to assist the borrower in purchasing adjoining properties, located at Wentworthville.

Loan Amount: $7,905,000

Gearing: 63% LVR

Term: 12m

Return: 12%

REFINANCE, LAND

Nambour, QLD

First mortgage funding was required to refinance the current mortgagee and to purchase of one of the security properties.

Loan Amount: $1,485,000

Gearing: 60% LVR

Term: 2m

Return: 16%

REFINANCE, LAND

Schofields, NSW

First mortgage funding was required to assist the borrower in refinancing a property and purchase the adjoining property.

Loan Amount: $9,000,000

Gearing: 65% LVR

Term: 12m

Return: 12%

RESIDENTIAL PROPERTY

Southbank, VIC

First mortgage funding was required to assist with the purchase of a residential penthouse apartment, with a purchase price of $2,200,000.

Loan Amount: $1,430,000

Gearing: 65% LVR

Term: 12m

Return: 6%

RESIDENTIAL PROPERTY

Chermside, QLD

First mortgage funding was provided for the purchase of four adjoining properties with a purchase price of $2,500,000.

Loan Amount: $1,250,000

Gearing: 48% LVR

Term: 12m

Return: 9%

COMMERCIAL PROPERTY

Hallam, VIC

First mortgage funding was required for business purposes; to assist in the purchase of a commercial property.

Loan Amount: $340,000

Gearing: 60% LVR

Term: 12m

Return: 7.5%

CONSTRUCTION AND DEVELOPMENT

Strathalbyn, SA

Our private lenders assisted this borrower by providing first mortgage funding, for the development of a residential land sub-division.

Loan Amount: $882,000

Gearing: 52% LVR

Term: 12m

Return: 10.5%

REFINANCE, BUSINESS LOAN

Sydney, NSW

Finance was required to refinance the current lender and to provide working capital to the borrower.

Loan Amount: $2,800,000

Gearing: 66% LVR

Term: 24m

Return: 8%

REFINANCE, DEVELOPMENT

Jacobs Well, QLD

Funding was required to refinance the existing mortgagee and provide working capital to assist with a Town Planning application.

Loan Amount: $1,125,000

Gearing: 50% LVR

Term: 12m

Return: 12%

RESIDENTIAL PROPERTY

Wollert, VIC

First mortgage funding in the sum of $1,700,000 was approved to assist the borrower in providing working capital.

Loan Amount: $1,700,000

Gearing: 64.8% LVR

Term: 12m

Return: 10%

CONSTRUCTION AND DEVELOPMENT

Magenta Shores, NSW

First mortgage funding was provided to assist with a 19 allotment land sub-division within a master plan beach front residential estate.

Loan Amount: $5,260,000

Gearing: 32% LVR

Term: 18m

Return: 12%

CONSTRUCTION AND DEVELOPMENT

Gidgegannup, WA

Funding was required to assist this borrower, in lodging a plan of sub-division, to sub-divide the property potentially into seven (7) allotments.

Loan Amount: $700,000

Gearing: 44% LVR

Term: 12m

Return: 9%

REFINANCE, DEVELOPMENT

Sale, VIC

Funding was required to refinance the existing mortgage and to develop stage 2 of the Glenhaven Park residential subdivision.

Loan Amount: $6,173,000

Gearing: 67% LVR

Term: 12m

Return: 13%

LAND

Bundoora, VIC

Funding was required to assist with the purchase of a property.

Loan Amount: $3,660,000

Gearing: 48% LVR

Term: 1m

Return: 24%

CONSTRUCTION AND DEVELOPMENT

Spring Farm, NSW

Urgent finance was required for the purchase of property, to provide additional funds to pay the civil contractor for works completed and to pay Council contributions.

Loan Amount: $3,500,000

Gearing: 40% LVR

Term: 2m

Return: 18%

CONSTRUCTION AND DEVELOPMENT

Evans Head, NSW

Funding was approved for the purchase of the subject property and to provide additional working capital to assist in a Development Application (DA) for 182 residential allotments.

Loan Amount: $2,000,000

Gearing: 36% LVR

Term: 12m

Return: 36.4%

COMMERCIAL PROPERTY

Pakenham, VIC

Our private lenders provided this borrower with finance to assist with the purchase of the subject commercial property.

Loan Amount: $1,350,000

Gearing: 60% LVR

Term: 12m

Return: 10.75%

COMMERCIAL PROPERTY

Upper Coomera, QLD

Our private lenders assisted this borrower with finance for the purchase of a commercial property.

Loan Amount: $237,500

Gearing: 65% LVR

Term: 24m

Return: 9%

REFINANCE, BUSINESS LOAN

Salamander Bay, NSW

Funding was required to refinance the existing mortgagee and to acquire working capital to be used for business purposes.

Loan Amount: $365,000

Gearing: 60% LVR

Term: 12m

Return: 9.5%

REFINANCE, BUSINESS LOAN

Greenwood, WA

First mortgage funding was provided to discharge the existing mortgagee and to provide working capital for business purposes.

Loan Amount: $450,000

Gearing: 65% LVR

Term: 12m

Return: 10.5%

REFINANCE, BUSINESS LOAN

Noosaville, QLD

Funding was required to refinance of the current mortgagees and provide the borrower with additional working capital.

Loan Amount: $200,000

Gearing: 40% LVR

Term: 24m

Return: 9.5%

SMALL BUSINESS LOAN

Edmonton, QLD

Our private lenders assisted this borrower by providing working capital for business purposes.

Loan Amount: $360,000

Gearing: 40% LVR

Term: 12m

Return: 9%

SMALL BUSINESS LOAN

Carrara, QLD

First mortgage funding was provided for working capital for business purposes. A brand new townhouse was offered as security, with an original purchase price of $674,900.

Loan Amount: $360,000

Gearing: 40% LVR

Term: 12m

Return: 9%

RESIDENTIAL PROPERTY

Curramore, QLD

Our private lenders assisted this borrower with finance. The security property being located within the small picturesque town of Maleny.

Loan Amount: $270,000

Gearing: 40% LVR

Term: 12m

Return: 9.5%

RESIDENTIAL PROPERTY

Pearcedale, VIC

Funding was required to refinance the existing mortgagee and to assist with the completion of construction of the security property.

Loan Amount: $525,000

Gearing: 58% LVR

Term: 12m

Return: 11%

RESIDENTIAL PROPERTY

Devonport, TAS

First mortgage funding was required to refinance the existing mortgagee. The balance of funding was used for investment purposes.

Loan Amount: $70,000

Gearing: 29% LVR

Term: 12m

Return: 9%