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Construction
Brisbane
OFFICE
17 residential units
Gaythorne, Brisbane
Loan Purpose
Facility Amount
$4.4MM
LVR
65% of Gross Realisation
Term
Security
LTC
Pre-sales
Exit Strategy
The Deal
UNIQUE FEATURE OF THE DEAL
Funding was arranged without a requirement for presales enabling the developer to commence construction immediately and avoid upfront marketing costs and the potential need for discounting stock in order to meet presale hurdles.
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Rhys Adams
Partner
Email
radams@balmain.com.au
Phone
07 3023 8734
Mobile
0400 493 627
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