Delacombe, VIC
Interest rate net to investor:
LVR:
Loan Term:
Total Loan:
Security:
7.75%pa paid monthly
70% (net GST)
12 months (minimum 9 months)
$13,323,134
Residential land subdivision in Delacombe VIC
Winterfields residential land subdivision located in Delacombe Victoria, which is a short 8 minute drive to the town centre of Ballarat. The subdivision comprises 8 stages, with stage 1 (80 lots) already completed, sold and settled.
The borrower, is a well known and experienced property development group, they are seeking funding to settle the land on part of the the remaining stages and also construction funding to complete required civil works.
The group have an established borrowing history with ARK, and are highly experienced developers. They have completed numerous land subdivision projects throughout Victoria including, Greenvale, Rockbank and Bundoora.
Elwood, VIC
Interest rate net to investor:
LVR:
Loan Term:
Total Loan:
Security:
7.75%pa paid monthly
70% (net GST)
12 months (minimum 9 months)
$3,710,000
Residential Property
The borrower, is a well known and experienced property development group, funding has been provided to purchase 2 residential security properties located in Elwood for a future property development.
Cranbourne North, VIC
Interest rate net to investor:
LVR:
Loan Term:
Total Loan:
Security:
8.5%pa paid monthly
46%
15 months
$2,532,000
Land for commercials premises
The Borrower is seeking funding to purchase the land and complete the construction of a commercial complex
to include a childcare centre and possible fitness facility. Permits and plans have already been approved by
council and an experienced childcare operator has been secured to lease the premises upon completion.
Greenwich, NSW
Interest rate net to investor:
LVR:
Loan Term:
Total Loan:
Security:
7%pa paid monthly
50%
9 months
$9,000,000
Land & Residential Property
The parent company to the borrower of this facility has many years experience in real estate and development. Funding was required to purchase 2 properties located in Greenwich NSW. The borrower’s intention is to develop the site into 40 residential high end apartments at a future date, and have already engaged a leading architect for the project.
Melbourne, VIC
Interest rate net to investor:
LVR:
Loan Term:
Total Loan:
Security:
8.25%pa paid monthly
72%
12 months
$10,508,400
Land & Residential Property
Funding required to refinance the main security property, a corner site locate within “Capital City” zoning of Melbourne VIC.There is a permit to demolish the two existing buildings, and construct a high rise building for a mixed use (apartments/retail).
The parent company to the borrower has extensive property development experience
