80% LVR Landbank (Vacant Land) – New Farm

Purpose of Loan: To provide a landbank facility against vacant land in New Farm

Loan Limit: 1st Mortgage – $1,840,000

LVR: 1st Mortgage – 80% of As Is Land value

Loan Term: 3 years

Facility Type: Term Loan

Interest Rate: 3.61% per annum + 1.25% line fee