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Residual Stock
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Residential Lots in Box Hill

Box Hill, NSW

Loan Purpose
Provide working capital over unencumbered lots.
Facility Amount
$8.4MM
LVR
65%
Term
18 months
Security
Residential lots.
LTC
Pre-sales
Exit Strategy
Individual lot sales paying back the loan.
The Deal

Working capital was required to assist with the purchase of another property by Balmain’s client. Balmain has taken unencumbered lots as security, with the debt to be repaid gradually through the sale of the residual stock.

Jonas Tam

Partner
Email
jtam@balmain.com.au
Phone
02 9233 9403
Mobile
0468 813 560
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Balmain

Level 14,
60 Castlereagh Street,
Sydney NSW 2000

02 9232 8888

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We acknowledge the Traditional Owners on whose Country we are based. We pay respect to their Elders past, present and emerging and acknowledge their connection to land, sea and community. We extend this respect to Traditional Owners throughout Australia wherever we live, work and play.