Melbourne Medical Centre Purchase
Loan Description
Overview
Purchase of freehold medical centre with business
Amount
$2,100,000
Collateral
1st Registered Mortgage, GSA Borrower Entity, Director guarantees
Use of Funds
Settlement of Property
Term
12 months
LVR
Up to 75% of Valuation pre finance costs
Interest Rate
12.0% per annum
Date
15 Nov 2019
Status
Completed
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Size
$2,100,000
Indicative Interest Rate
12.0% per annum
Date
15 Nov 2019
Status
Completed