(these photos are for reference purpose only and are intended to showcase the quality of finishing and the location)
| Borrower(s) | Australian company borrowing entity |
| Guarantor(s) | The sole Director and shareholder of the borrowing entity |
| Loan purpose | Refinance of existing loan |
| Loan amount | $1,650,000.00 |
| Available investment amounts | $500,000.00 |
| LVR | 55% |
| Loan term | 24 months (subject to actual repayment date of the loan) Settled on 9 Oct 2025. |
| Target Return | 8.00% p.a. variable |
| Interest distribution | Monthly in advance |
| Security |
The security comprises a large mixed-use development site located in New Norfolk, Tasmania, approximately 35 kilometres north-west of Hobart CBD. Valuations have been conducted by independent third-party valuers. Additional security includes personal guarantees from the guarantor together with supporting guarantees from related entities within the borrower group. |
| Exit Strategies |
Refinance through construction funding or alternative lender within the loan term. |
| Risk control |
|
| Borrower Business Background & Sponsor Profile |
The borrower is a special purpose vehicle established to acquire and hold the subject development site. The entity forms part of a broader group involved in property development, construction and equipment hire activities. The sponsor has experience in development-related projects and operates multiple businesses across construction, development and operational services. These businesses support the sponsor’s activities within the property and infrastructure sector. The guarantor maintains an active role across the group’s operations and is responsible for strategic management and project oversight. The borrower group has demonstrated the capacity to undertake development projects and maintain ongoing commercial operations. The guarantor is understood to maintain a satisfactory credit profile with no current adverse conduct identified. The group also maintains a strong asset base across property holdings, supporting the overall financial position of the sponsor. The subject property is intended to support the borrower’s development strategy and forms part of the sponsor’s broader property development activities. |
This document does not purport to contain all of the information that prospective investors may require to evaluate this investment opportunity, and it does not take into account the investment objectives, financial situation or particular needs of any prospective investor. Before making an investment decision, prospective investors should consider, with or without the assistance of a professional adviser, whether an investment in this mortgage is appropriate considering their particular investment needs, objectives and financial circumstances. Prospective investors should conduct their own independent review, investigation and analysis of the Borrower and the Security being offered and obtain any professional advice they require to evaluate the merits and risks of the investment in the Company before making any decision.