Braeside — Governor Road

Overview

The secured asset for this financing project is located at Governor Road, Braeside. The facility amount is A$4.40 million, with a 12-month term and a fixed interest rate of 9.25% per annum.

The facility is secured by a first-ranking mortgage and incorporates a structure involving two direct lenders. The approved LVR was 50%, with interest payable monthly. The transaction combines a clearly documented security position with a coordinated two-lender funding structure.

Key terms

01
A$4.40 million
02
12 months
03
9.25% p.a.
04
First-ranking mortgage
05
Two direct lenders
06
50% LVR
07
Monthly interest

A$4.40m

Facility size

9.25% p.a.

Pricing

12 months

Term

Documented security

First mortgage; two direct lenders; approved LVR 50%; interest paid monthly

Eligibility

Participation is subject to investor eligibility, completion of due diligence, applicable regulatory and tax considerations, and transaction-specific legal documentation.