Recent Transactions

Management Rights – Kangaroo Point

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

Purpose of Loan: To provide a Management Rights facility against 63 units in Kangaroo Point

Loan Limit: 1st Mortgage – $1,043,000

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

Loan Term: 3 years

Facility Type: Bank Bill Business Loan

Interest Rate: 3.50% interest rate

Line Fee: 1.70%