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: 

IPSWICH, QLD.

 

Construction Loan – 2nd Stage of Multi-Townhouses Dev.

 

86 Grace Street, Wulkaraka, QLD, 4305

 

Residential Development with DA which ‘On Completion’ will comprise 28 x Double Level, Duplex Style, Upmarket Townhouses.

 

$5,080,070 (Net Loan Ex. Loan)

$5,629,000 (Est. Gross Loan)

 

$1,000,000    

 

$NIL

                                

Circa $7,918,180                     

Circa $8,610,000 

 

65.4% (Net Loan on Project GRV Ex GST)

71.0% (Gross Loan on Project GRV Ex GST)

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: 

KEDRON, QLD.

 

Construction Loan – 5 x Level Walk-Up Multi-Unit Dev.

 

8 Alice Street, Kedron, QLD, 4305

 

Residential Development with DA which ‘On Completion’ will comprise 14 x 2 Bedroom Apartments.

 

$3,808,300 (Net Loan Ex. Loan)

$4,045,300 (Est. Gross Loan)

 

$850,000   

 

$NIL

                                

Circa $5,600,000

Circa $6,037,000 

 

68.0% (Net Loan on Project GRV Ex GST)

72.2% (Gross Loan on Project GRV Ex GST)

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' (GST Exempt):

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

 

LVR Required: 

TOOWOOMBA, QLD.

 

Construction Loan – Residential Improvement.

 

4-6 Fernside Street, East Toowoomba, QLD, 4350

 

Residential Improvement with DA which ‘On Completion’ will comprise Original Dwelling plus Additional Liviing Wing for Home-based live-in Aged Care.

 

$600,000 (Net Loan Ex. Loan)

$650,000 (Est. Gross Loan)

 

$2,000,000   

 

$NIL

                                

Circa $3,000,000

N/A

 

N/A

21.2% (Gross Loan on Project GRV Ex GST)

DEAL SYNOPSIS

 

Loan Type / Purpose:      

 

Security(s) Location:   

 

Security(s) Description

Loan Amount (Snr Debt):    

Loan Amount (Mezz Debt Viking):           

 

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:

GREENSLOPES, QLD

 

Construction Loan – Medium Density Housing Project

 

29 Hunter Street, Greenslopes, QLD, 4120

 

Residential Development with DA which ‘On Completion’ will comprise 6 x Triple Level, Duplex Style, Upmarket Townhouses.

 

$2,416,700

$   144,000

 

$1,200,000

 

$708,635                               

 

Circa $3,457,273                     

Circa $3,735,300

 

Circa 69.9% (Gross Snr Debt Loan on Project GRV Ex GST)

Circa 74% (Gross Mezz Loan on Project GRV Ex GST)

 

Capitalised

 

6 Months 

 

12 Months  

 

Circa $1,620,000 (Ex. GST)  

 

$Nil