at Koa Capital · Sydney
Second mortgage financing deal secured by a personal guarantee, GSA over all business assets and second-ranking mortgages over properties on Lionel Road, Mount Waverley, VIC 3149, Lakeside Drive, Point Cook, VIC 3030, Princes Highway, Noble Park, VIC 3134 and Lyle Avenue, Beaconsfield, VIC 3807. Valuation: $19,375,000. Loan size: $3,350,000. Duration: 12 months, with a 12 month minimum and 12 months prepaid. Equity: $5,908,000. LVR: 69.4%.
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