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
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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)