This project aims to provide a loan facility for refinance, with a total loan amount of $2,200,000.00. The loan is secured by first-ranking mortgage over 1 property located in Sunnybank, QLD. This land size of the site is 1,037 square meters, which the ”as as” (Registered) market value is $3,000,000.00 according to the valuation report completed by independent qualified valuer.
Sunnybank, located on the south side of Brisbane, has evolved into a vibrant, multicultural suburb renowned for its Asian influence on culture, food, and business. Originally a semi-rural area with market gardens, it has transformed into Brisbane’s “Little Asia,” overtaking Chinatown as the go-to place for authentic Asian cuisine and shopping. The suburb’s main business district at the intersection of Mains Road and McCullough Street is particularly noted for its array of Asian restaurants and businesses, many of which are owned and operated by the local Asian community.