Suffolk Park, NSW

property type: Residential
Suffolk Park

Total Property Value: $1,900,000

Loan Amount: $1,330,000

Priority: 1st mortgage

LVR: 70.00%

Note Interest Rate: 6.29% p.a.

Term (Months): 12

Term Remaining (Months): 11

Postcode: 2481

Use of Funds: Other

Minimum Investment Amount: For more details click here to set up an account

Why do we like this loan?

The sponsors have multiple long-standing businesses with proven incomes and substantial interests in Australian retail, branded businesses. The loan is secured by residential property in the Byron Bay area.

Primary Property Value: $1,900,000

Property Details

A 621 square metre allotment, improved with a circa 1994 built single level detached dwelling of rendered brick walls and tile roof construction. Accommodation comprises 3 bedrooms plus study or 4th bedroom, 2 bathrooms and double garage. Ancillary improvements include driveway, landscaping, fencing and an in-ground pool. The dwelling has been renovated to a good standard.

Loan Details

First mortgage, for the purpose of business investment.

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