Narre Warren North / Ferntree Gully

Narre Warren North / Ferntree Gully financing project
Narre Warren North / Ferntree Gully

Overview

This financing project is supported by multiple land parcels located across Narre Warren North and Ferntree Gully. The facility amount is A$3.78 million, with a 12-month term and a fixed interest rate of 8.65% per annum.

The security package comprises first-ranking mortgage security over multiple land parcels. The approved LVR was 50%, with interest payable monthly. The transaction incorporates several secured properties within a single financing structure.

Key terms

  1. 01

    A$3.78 million

  2. 02

    12 months

  3. 03

    8.65% p.a.

  4. 04

    Multiple land parcels

  5. 05

    First-ranking mortgage

  6. 06

    50% LVR

  7. 07

    Monthly interest

A$3.78m

Facility size

8.65% p.a.

Pricing

12 months

Term

Documented security

First mortgage; multiple land parcels; approved LVR 50%; interest paid monthly

VERITAS HORIZON

Eligibility

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

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