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Management Rights Transaction

Posted at September 7, 2016 | By : | Categories : Recent Transactions | 0 Comment

Purpose of Loan: To provide a Management Rights facility against 200 units in Townsville

Loan Limit: 1st Mortgage – $1,691,000

LVR: 1st Mortgage – 70% of Managers Unit + Management & Letting Rights business

Loan Term: 3 years

Facility Type: Business Loan

Interest Rate: 3.65%