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Coopers Plains, Brisbane Site Settlement

Coopers Plains, Brisbane Site Settlement

Loan Description

Overview

Site acquisition of a development site in Coopers Plains

Amount

$3,882,500

Collateral

1st Registered Mortgage, GSA Borrower Entity, Director guarantees

Use of Funds

Settlement of Property

Term

12 months

LVR

55% of Valuation

Interest Rate

15% per annum

Date

05 Dec 2018

Status

Completed

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Size

$3,882,500

Indicative Interest Rate

15% per annum

Date

05 Dec 2018

Status

Completed