at Koa Capital · Sydney
Security includes a personal guarantee, GSA over all business assets, and second-ranking mortgages over 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 is $19,375,000, loan size is $3,350,000, duration is 12 months with a 12 month minimum and 12 months prepaid, equity is $5,908,000, and LVR is 69.4%.
Chermside, QLD
First mortgage deal with a 10% investor return
Essendon, VIC
First mortgage deal with a 10.75% investor return
Byron Bay, NSW
First mortgage deal with a 10.65% investor return
Newcastle, NSW
First mortgage deal with a 10.85% investor return
Mosman, NSW
First mortgage A-note with a 9.5% investor return
Mt Waverly, VIC
Second mortgage deal with a 69.4% LVR
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