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45 Residential Units – Brisbane – Builder/Developer

Posted at May 21, 2015 | By : | Categories : Recent Transactions | 0 Comment

Purpose of Loan: To fund the construction of 45 residential units in inner Brisbane

Loan Limit: 1st Mortgage – $11,760,000

LVR:  1st Mortgage – 80% of Gross Realisation excluding GST

Loan Term: 24 months

Facility Type: Construction facility

Presales: 75% of debt cover