Offer10.85% investor return on a $5.75m first mortgage

Newcastle, NSW, 1st Mortgage

at Koa Capital · Sydney

Details.

Security includes a personal guarantee, GSA over all business assets, and a first-ranking mortgage over a residential property on Railway Lane, Wickham NSW 2293. Valuation is $8,840,000, loan size is $5,750,000, duration is 12 months with a 3 month minimum and 3 months prepaid, investor return is 10.85%, equity is $3,090,000, and LVR is 65%.

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