Recent Transactions

Nightclub – Purchased by SMSF

Posted at June 8, 2016 | By : | Categories : Recent Transactions | 0 Comment

Purpose of Loan: To provide a facility to purchase a prominent Sunshine Coast nightclub in a self managed superannuation fund

Loan Limit: 1st Mortgage – $1,950,000

LVR: 1st Mortgage – 65% of land value

Loan Term: 15 years

Facility Type: Commercial Loan

Interest Rate: 4.87% all up rate inclusive of line fee