Recent Transactions

Landbank – Sunshine Coast

Posted at January 11, 2019 | By : | Categories : Recent Transactions | 0 Comment

Purpose of Loan: To provide a facility against a vacant land without DA for a period of 6 months to allow for DA to be obtained

Loan Limit: 1st Mortgage – $450,000

LVR: 1st Mortgage – 70% of As Is value

Loan Term: 8 months

Facility Type: Private Loan

Interest Rate: 12.00% per annum