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Loan case study in Brighton, VIC

Funding to assist with the construction of four apartments.

Project overview

The project entailed the construction of four apartments in the affluent coastal suburb of Brighton, Victoria, 11 kilometres south-east of Melbourne CBD.

The boutique development is close to the well-known Church Street shops, restaurants, cinema and public transport.

Borrower overview

The developer and co-developer have an established track record of high quality developments in the Brighton area that pose great value.

After a successful construction process, the borrower group is due to finance their next project, again, with Trilogy.

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Loan specifics

APPROVED LOAN AMOUNT~ $7.5 million
APPROVED LOAN TERM12 months
REPAYMENT SOURCESale of completed apartments
APPROVED LOAN-TO-VALUATION RATIO65.35% on an "as-if-complete" basis
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