Management Rights – Brisbane

Purpose of Loan: To provide a Management Rights facility against 101 units in Brisbane

Loan Limit: 1st Mortgage – $1,806,000

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

Loan Term: 3 years

Facility Type: Bank Bill Business Loan

Interest Rate: 3.54% interest rate + line fee 1.24%