(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) | The director and sole shareholder of the borrowing entity.(Details withheld for privacy) |
| Loan purpose | Refinance of an existing facility. |
| Loan amount | $675,000 |
| Available investment amounts | $0 |
| LVR | 75% |
| Loan term | 36 months (subject to actual repayment date of the loan) Settled on 24 Dec 2024. |
| Target Return | 7.75% p.a. variable |
| Interest distribution | Monthly |
| Security |
First Registered Real Property Mortgage over:Mill Park VIC 3082 The security comprises a residential property located approximately 18 kilometres north-west of Melbourne 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 or asset sale |
| 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.