Burwood

Overview

The secured assets for this financing project are located in Burwood, Victoria. The facility amount is A$2.24 million, with a 9-month term and a fixed interest rate of 8.99% per annum.

The facility is supported by a first-ranking mortgage over two separate lots. The approved LVR was 63%, with interest capitalised during the loan term rather than paid monthly in cash.

Key terms

01
A$2.24 million
02
9 months
03
8.99% p.a.
04
First-ranking mortgage over two lots
05
63% LVR
06
Capitalised interest

A$2.24m

Facility size

8.99% p.a.

Pricing

9 months

Term

Documented security

First mortgage over two lots; approved LVR 63%; interest capitalised

Eligibility

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