Recent Transactions

8 x Townhouses No Presales – Nundah

Posted at January 17, 2017 | By : | Categories : Recent Transactions | 0 Comment

Purpose of Loan: To provide a construction facility for the development of 8 townhouses with no presale requirement at Nundah

Loan Limit: 1st Mortgage – $3,020,000

LVR: 1st Mortgage – 71% of Gross Realisation ex GST

Loan Term: 12 months

Facility Type: Construction Loan

Interest Rate: 9.00% per annum

Presales: Nil