Loan Description

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Construction of townhouses Canberra

Construction of townhouses Canberra

Loan Description

Overview

Construction of townhouses Canberra

Amount

$2,470,000

Collateral

1st Registered Mortgage, GSA Borrower Entity, Director guarantees

Use of Funds

Construction of townhouses Canberra

Term

12 months

LVR

65% LVR Net Completion Value, 80% Loan-To-Cost

Interest Rate

11.00% – 12.00% per annum

Date

10 Sep 2018

Status

Current

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Size

$2,470,000

Indicative Interest Rate

11.00% - 12.00% per annum

Date

10 Sep 2018

Status

Current