This investment involves a first registered mortgagee secured against four retail tenancies (café, convenience store, fast food and gym) in Sydney’s east. The property is located in Mascot, Sydney and is the ground floor stratum title retail located within mixed-use medium-rise development (11 story – constructed in 2010).
The PPD Thomastown Credit Trust is secured as a first registered mortgage to fund the conversion of the property into an industrial hardstand. The location provides excellent access to the Port of Melbourne, Melbourne CBD and the northern western suburbs of Melbourne.
The PPD Mosman Credit Trust is a first registered debt facility for a residential bridging loan to fund the acquisition of an exclusive dwelling in Sydney’s lower north shore, Mosman. The residential estate has water views that overlook the Harbour Bridge and Opera House.
The PPD Vaucluse Credit Trust is a secured residential debt bridging loan to indirectly invest as first registered mortgagee to fund the acquisition of a luxury residential dwelling in Sydney’s eastern suburb of Vaucluse, approximately 8 kilometres east of the Sydney CBD.