property type: Residential
Total Property Value: $5,000,000
Loan Amount: $2,800,000
Priority: 1st mortgage
LVR: 65%
Offered Rate: 9.98%
Loan Term (Months): 6 Months’ interest & fees up front
Min Interest (Months): 6
Why do we like this loan?
This $2,800,000 loan will be secured by first mortgage against four fully tenanted residential properties in regional NSW
Primary Property Value: $1,400,000
Property Details
Valuation presently under instruction. The primary property, as pictured above, features 843m2 of land with a 3-bedroom, 1 bathroom residence with attractive yard and swimming pool. The other properties are multi-bedroom fibro residences.
Loan Details
The purpose of this loan is to refinance current commercial mortgage.
Interest will be deducted from the loan sum at settlement and retained by the funder(s).
Exit will be by way of refinance 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
