110% of Purchase Price – $23.4M Loan

Purpose of Loan: To provide a 1st mortgage facility against valuation rather than purchase price of a development site in Rouse Hill, NSW

Loan Limit: 1st Mortgage – $23,400,000

LVR: 1st Mortgage – 65% of As Is Value

Loan Term: 2 years

Facility Type: Commercial Loan

Interest Rate: 1st mortgage 7.50% per annum