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.
Loan specifics
| Approved Loan Amount | ~ $7.5 million |
| Approved Loan Term | 12 months |
| Repayment Source | Sale of completed apartments |
| Approved Loan-To-Valuation Ratio | 65.35% on an “as-if-complete” basis |
