(these photos are for reference purpose only and are intended to showcase the quality of finishing and the location)
| Borrower(s) | Australian Corporate Entity (Details withheld for privacy) |
| Guarantor(s) | Directors of the borrowing entity. (Details withheld for privacy) |
| Loan purpose | Acquisition of residential land for future development. |
| Loan amount | $1,680,000.00 |
| Available investment amounts | $0 |
| LVR | 70% |
| Loan term | 6 months (subject to actual repayment date of the loan) Settled on 3 Apr 2025. |
| Target Return | 7.75% p.a. variable |
| Interest distribution | Monthly |
| Security |
First Registered Real Property Mortgage over: Willoughby NSW 2068 The security comprises a residential property located approximately 8 kilometres north of Sydney CBD in the Lower North Shore. The site is intended for redevelopment following demolition of the existing dwelling. Independent valuation has been conducted by a third-party valuer confirming the market value of the land. Additional security includes personal guarantees from the guarantors together with standard security interests over the borrowing entity. |
| Exit Strategies |
Construction financing or refinance |
| Risk control |
|
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.