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Sydney CBD Apartments Purchase

Sydney CBD Apartments Purchase

Loan Description

Overview

Settlement of Off the Plan Apartments in Sydney CBD

Amount

$10,400,000

Collateral

1st and 2nd Registered Mortgage, GSA Borrower Entity, Director guarantees

Use of Funds

Settlement of Properties

Term

24 months

LVR

Up to 80% LVR

Interest Rate

10.25% per annum

Date

03 Jun 2021

Status

Completed

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Size

$10,400,000

Indicative Interest Rate

10.25% per annum

Date

03 Jun 2021

Status

Completed