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Loan case study in New Farm, QLD

 

Project overview

This residual stock loan was provided to refinance an existing construction lender, for high-end New Farm project, “The Edition”. The loan provided an equity release to the borrower, based on subsequent sales of completed luxury stock. Situated in the heart of the ‘Paris End’ of New Farm, The Edition proudly sits amongst heritage listed buildings, character homes and fig trees.

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Loan specifics

APPROVED LOAN AMOUNT$10.37 million
APPROVED LOAN TERM7 months
APPROVED LOAN-TO-VALUATION RATIO68.07% incl. GST
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