Open for Investment

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Bellbird Park, QLD

Residual Residential Lots

The Loan is secured by a first registered mortgage over fourteen residual residential lots  in a 25 lot subdivision, at Bellbird Park, QLD, approximately 29kms south-west of the Brisbane CBD.

The Bellbird Park development was completed in November 2017 and comprised the subdivision into 25 residential allotments ranging in area from 450m2 to 500m2. Of the 25 lots 11 have been sold.

The purpose of the Loan was to repay the remaining balance of the construction funding. The Loan will be repaid from the net sale proceeds from the sale of the individual Security lots during the Loan Term.

The Borrower group comprises four related individuals who have provided guarantees to the Loan.

Investment Details

  • Target Return (net)
    7.7%
  • Loan to Value Ratio
    60%
  • Term to Run (Mths)
    11 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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