02 9232 8888
OFFICES
Loan Purpose
Assist with the refinance of an existing Balmain loan in Seaforth
Facility Amount
$7.26MM
LVR
35%
Term
12 months
Security
Residencial Construction
LTC
Pre-sales
Exit Strategy
Paying out Balmain’s Loan with the sale of the Property
The Deal
This luxury house is positioned in Seaforth with views of Middle Harbour and Sydney’s cityscape. The Property is 1,954m2. It had been refurbished and potential buyers had approached the owner with several offers. The house was sold once the expected price was achieved, paying out Balmain’s loan.
Patrick Pinney
Partner
