7 x Luxury Units – No Presales

Purpose of Loan: To fund the construction of 7 residential units in Taringa with no presales

Loan Limit: 1st Mortgage – $3,350,000

LVR:  1st Mortgage – 70% of Gross Realisation excluding GST

Loan Term: 12 months

Facility Type: Construction facility

Presales: Nil