Offer10.75% investor return on a $3.1m first mortgage

Essendon, VIC, 1st Mortgage

at Koa Capital · Sydney

Details.

Security includes a personal guarantee, GSA over all business assets, a first-ranking mortgage over a residential property on Woodland Street, Essendon VIC 3040, and additional security comprising a residential property on Borrell Street, Keilor, VIC 3036. Valuation is $10,850,000, loan size is $3,100,000, duration is 12 months with a 3 month minimum and 3 months prepaid, investor return is 10.75%, equity is $3,750,000, and LVR is 65.4%.

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