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Loan Purpose
Facility Amount
$4.875MM
LVR
65%
Term
Security
LTC
Pre-sales
Exit Strategy
The Deal
Balmain provided debt funding to assist in the acquisition of a residential development site in the Brisbane suburb of Rochedale.
Our funding enabled the Developer to secure the site with minimal equity and preserve their cash resources to self-fund Stage 1 of the project.
Funding was provided through the Balmain Mortgage Fund.
Rhys Adams
Partner
