property type: Residential
Total Property Value: $9,500,000
Loan Amount: $4,100,000
Priority: 1st mortgage
LVR: 68.7%
Offered Rate: 10.95%
Loan Term (Months): 8 Months’ interest & fees up front
Min Interest (Months): 8
Why do we like this loan?
This $4,100,000 loan will be secured by first mortgage against the stunning pictured residential 118 acre homestead, with ancillary second mortgage security over two picturesque residences both currently listed for sale.
Primary Property Value: $5,500,000
Property Details
The primary property as pictured above is 118 acre lot in Boyland QLD, under 1 hour’s drive inland from Queensland’s premier Gold Coast. Recently developed, the property features a renovated 5 bedroom 2 bathroom residence with an open-planned living space, double-garage, landscaped gardens, swimming pool and pool house. The land contains irrigated and fenced paddocks, barns, offices, stables, storage, cold rooms, 2 dams and a spring fed creek.
Loan Details
The purpose of this loan is to acquire the subject property.
Interest will be deducted from the loan sum at settlement and retained by the funder(s).
Exit will be by way of sale of the ancillary securities before end of term.
In addition to the security detailed above, the Lender will hold directors’ guarantees and a GSA over the borrower.
We are offering the opportunity for sophisticated investors to take part or the entire loan and be assigned the lender on title.
For more details on this and other investment opportunities please contact Andrew Way at Semper.
0414 246 003
enquiries@sempersecured.com.au
