*The loan has been repaid in full on the date of maturity, and LVR of on an "as-is-market" basis.
Loan amount
$650,000
LVR
52%
Loan period
6 months
Loan types
Residential properties
This project aims to provide a loan facility to assist with borrower’s working capital, with a total loan amount of $650,000.00. The loan is secured by first-ranking mortgage over 1 property located in Calamvale, QLD. It is a single storey property, the land size of the site is 866 square metres. The “as is” market value of the property is $1,240,000.00.
The size of Calamvale is approximately 6.6 square kilometres. Currently the median sales price of houses in the area is $1,100.000.