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Epping, NSW

Multi tenanted commercial property

The Security is a multi-tenanted commercial property located opposite Epping Railway Station in the Epping Town Centre. The Epping Town Centre is a NSW Government Urban Activation Precinct and was recently rezoned to allow the development of high rise residential within 400 meters of Epping Railway Station.

The Security Properties were acquired for $36.6m with $24.3m of Borrower equity being committed to the acquisition.  The purpose of the advance is to assist the Borrower to achieve DA approval and pre-marketing for a major residential development.

The Security Properties were valued on an "as is" basis. The Loan was advanced at a Loan to Value Ratio of 44%.

Investment Details

  • Target Return (net)
    7.55%
  • Loan to Value Ratio
    44%
  • Term to Run (Mths)
    12 Mths
  • Minimum Investment
    $10,000

All Current Investments.

All loans are credit approved before being offered to investors. All target returns are net of fees.

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