Open for Investment

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Wollongong, NSW

Commercial

The Loan is secured by first registered mortgage over a ground floor retail stratum in a waterfront facing residential development in Wollongong, NSW, 700m north east of the Wollongong CBD and 68km south of the Sydney CBD.

The property boasts a prime location at the northern tip of Brighton Beach, and offers captivating views of the eastern coastline.

The subject property consists of a Ground level retail stratum within a circa 2016 mixed-use development featuring 33 apartments. All apartments have been sold, while the retail component was retained unencumbered for long-term investment.

The Borrower Group are a very successful property development and investment group in Wollongong and have been established for over 25 years. The Group have significant net real estate assets including a substantial investment property portfolio.

The Borrower Group is well known to the Manager who has provided multiple loans to the Group.  All facilities have been conducted in a prompt and punctual manner

Investment Details

  • Target Return (P.A. net)
    7.7%
  • Loan to Value Ratio
    62%
  • Term to Run (Mths)
    17 Mths
  • Minimum Initial 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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