Development Funding – Senior Debt

Location: Bayside – Victoria

Development Type:

The purpose of the loan facility is to provide funding for the construction of Eight (8) townhouses.

The amount of the loan facility is $5,850,000.00 for land acquisition and $17,853,000 peak construction debt over 15 months.

 

Interest Rate: 9.5% (Capitalised)
Establishment Fee: 1%
*No-Presale requirement

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