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April 2023
Loan Commencement
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$5 million
Property Valuation
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12 month
Term (6 months minimum)
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67%
LVR at settlement
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11.50% per annum
Variable interest rate (net of fees to investors)
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 Trust has forecasted cash distributions up to 11.50% p.a. variable paid monthly in arrears across the 12-month investment term of the Trust.