property type: Residential
Total Property Value: $10,500,000
Loan Amount: $5,245,000
Priority: 1st mortgage
LVR: 50%
Offered Rate: 9.98%
Loan Term (Months): 3 Months’ interest & fees up front
Min Interest (Months): 3
Why do we like this loan?
This $5,245,000 loan will be secured by first mortgage against this Vaucluse property in an affluent part of Sydney’s Eastern Suburbs.
Primary Property Value: $10,500,000
Property Details
The purpose of this loan is acquisition of the subject property, with contracts exchanged and settlement required urgently. Interest will be deducted from the loan sum and retained by the funder(s).
Loan Details
Exit is by way of refinance.
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.
This loan in under a signed offer. The valuation is complete and will be assigned to the Lender on title.
Legal documents will be instructed as soon as a lender for title is confirmed.
For more details on this and other investment opportunities please contact Andrew Way at Semper.
0414 246 003
enquiries@sempersecured.com.au
ready to invest?
If you have spoken with your Solomons’ investment representative and require more information about this loan opportunity, you can download its suite of documents from the following link (password required).
Note: you must have completed an investor application, privacy form and NDA before access will be provided.
