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November 2023
Loan Commencement
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$23.16 million
Property Valuation
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12 month
Term (6 months minimum)
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34.54%
LVR at settlement
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9.25% per annum
Variable interest rate
(net of fees to investors)
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 Trust has forecasted cash distributions as above 9.25% p.a. variable paid monthly in arrears across the 12-month investment term of the Trust.