DEAL SYNOPSIS

 

Loan Type:      

 

Security(s) Location:

 

Security(s) Description:

 

 

 

Loan Amount:         

 

 

Security Value - ‘As Is’ (Ex. GST):  

 

Refinance Debt (At Loan Settlement):

 

Value - 'On Completion' (Ex. GST):

Value - 'On Completion' (Inc. GST):

 

LVR Required: 

CAULFIELD, VIC.

 

Construction Loan – Dual Luxury Townhouses Dev.

 

19 Newstead Street, Caulfield South, VIC, 3162

 

Residential Development with Planning Permit which ‘On Completion’ will comprise 2 x Double Level, Duplex Style, Upmarket Townhouses.

 

$1,582,091 (Net Loan Ex. Loan)

$1,740,000 (Est. Gross Loan)

 

$1,100,000    

 

$700,000 

                                

Circa $2,452,727                     

Circa $2,600,000 

 

64.5% (Net Loan on Project GRV Ex GST)

70.9% (Gross Loan on Project GRV Ex GST)

DEAL SYNOPSIS

 

Loan Type:

 

Loan Purpose:

 

Security(s) Location: 

 

 

 

 

Security(s) Description:

 

 

 

 

 

 

 

 

 

Loan Amount:

 

LVR Required:

 

 

Security Value(s):

(Remaining 13 x Units)   

 

Refinance Debt (At Loan Settlement):

 

Proposed Loan Term:

 

Proposed Interest Treatment: 

MORAYFIELD, QLD.

 

Commercial Loan (‘Residual’ Development Stock)

 

To provide funding to re-fi matured Construction Facility

 

Units 2, 3, 4, 6, 7, 8, 9,10,11,12,13,15,16 & 17 / 17 Crocodile Avenue, Morayfield, Queensland, 4506.

(13 x Units in Total - Units 1, 5, 14 & 17 to be sold / settled prior to drawdown of the proposed loan)

 

Comprises all/or part of the Residual Stock from the Unit Development known as "17 on 17", located Morayfield, QLD, approx. 44 kms north of the Brisbane / 3 kms south of

Caboolture. Unit Configurations are as follows;

 

  • Townhouse Style Construction over 2 x Levels

  • 3 x Upstairs Bedrooms

  • Upper Bathroom / Lower Toilet / Laundry 

  • Single ‘Lock-Up’ Garage 

 

$2,250,000 (Gross)

 

58% (On Ex GST GRV per Saville’s Val)

54% (On Inc. GST GRV per Saville’s Val)

 

$3,839,404 (Ex GST as adj. per Saville’s Val)

$4,190.000 (Inc. GST as adj. per Saville’s Val )

 

$2,049,415     

 

12 Months   

 

Capitalised for First 6 Months (thereafter Payable Monthly) 

DEAL SYNOPSIS

 

Loan Type:      

 

Security(s) Location:

 

Security(s) Description:

 

 

 

Loan Amount:         

Security Value - ‘As Is’ (Ex. GST):  

 

Refinance Debt (At Loan Settlement):

 

Value - 'On Completion' (Ex. GST):

Value - 'On Completion' (Inc. GST):

 

LVR Required: 

Existing Pre-Sales:

IPSWICH, QLD.

 

Construction Loan – 1st Stage of Multi-Townhouses Dev.

 

74 Grace Street, Wulkaraka, QLD, 4305

 

Residential Development with DA which ‘On Completion’ will comprise 29 x Double Level, Duplex Style, Upmarket Townhouses.

 

$4,995,000 (Est. Gross Loan)

 

$1,000,000 (incl. Collaterial Security) 

 

$300,000

                                

Circa $7,831,838                   

Circa $8,555,000 

 

63.4% (Gross Loan on Project GRV Ex GST)

$Nil

DEAL SYNOPSIS

 

Loan Type / Purpose:      

 

Security(s) Location:   

 

Security(s) Description

 

 

 

 

 

 

 

Loan Amount:         

 

security Value - ‘As Is’ (Ex. GST)  

 

Refinance Debt (At Loan Settlement):

 

Value - On Completion (Ex. GST)

Value - On Completion (Inc. GST)

 

LVR Required: 

 

 

Interest:  

 

Est. Construction Timeframe

 

Proposed Loan Term: 

 

Est. Cost-to-Complete:

 

Existing Pre-Sales:

BRUNSWICK, VIC.

 

Construction Loan – Medium Density Housing Project

 

170 Albion Street, Brunswick, VIC, 3056

 

‘Walk-Up Start’ Residential Development (PP + BA BOTH in place) which ‘On Completion’ will comprise:

 

  • 3 x 1 Bedroom / 1 x Bathroom Apartments

  • 8 x 2 Bedroom / 1 x Bathroom Apartments

  • 1 x Level Basement Carpark

 

 

$2,600,000 

 

$1,200,000

 

$708,635                               

 

Circa $4,645,455                     

Circa $5,070,000

 

Circa 50% (Net Loan on Project GRV Ex GST)

Circa 56% (Gross Loan on Project GRV Ex GST)

 

Capitalised

 

6 Months 

 

12 Months  

 

Circa $1,620,000 (Ex. GST)  

 

$2,395,000 (being 5 of the 11 Units)