OfferFirst mortgage deal with an 11.15% investor return

Tarneit, VIC

at Koa Capital · Sydney

Details.

First mortgage financing deal secured by a personal guarantee, GSA over all business assets and a first-ranking mortgage over industrial land on Boundary Road, Tarneit, VIC 3029. Valuation: $13,000,000. Loan size: $6,750,000. Duration: 14 months, with a 14 month minimum and 14 months prepaid. Investor return: 11.15%. Equity: $6,250,000. LVR: 51.9%.

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