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Construction of 97 Lot Subdivision

Tanunda, SA

Loan Purpose
Construction of 97 lot subdivision
Facility Amount
$16MM
LVR
61%
Term
31 months
Security
Land
LTC
88%
Pre-sales
10 lots / $2.7M
Exit Strategy
Sale of remaining lots
The Deal

Balmain’s new client is an experienced developer and local wine producer. The Borrower has approached Balmain seeking a funding partner to complete a significant subdivision construction project in the heart of the Barossa Valley, SA.

Damian Hughes

Director
Email
dhughes@balmain.com.au
Phone
Mobile
0413 846 992
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Balmain

Level 14,
60 Castlereagh Street,
Sydney NSW 2000

02 9232 8888

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