-
May 2023
Loan Commencement
-
$10,550,000
Property Valuation
-
9 months
Term (4 months minimum)
-
68%
LVR at settlement
-
9.55% per annum
Average interest rate
(net of fees to investors)
The PPD Vaucluse Credit Trust is a secured residential debt bridging loan to 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.
The Trust has forecasted cash distributions as 9.00% p.a. variable paid monthly in arrears across the 9 month investment term of the Trust.