Hope Island, Queensland #5

 

Loan amount: $21,300,000.00
Term: 22 months
Interest rate: Under $500K  – 7.5% p.a. & Over $500K – 8.5% p.a.
On Completion LVR: 64.5% excluding GST
Situated: Hope Island, Queensland
Project: The purpose of the loan is to provide a development facility to construct 63 residential units.
Extra Info: This “Stage 2” complex will comprise 63 units, being a combination of 1 and 2 bedroom units.