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)

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) 

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)

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$Nil

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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)