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  2. PYMBLE, SYDNEY, NSW

PYMBLE, SYDNEY, NSW

Interest rate:   8%pa

LVR:   55%

Loan Term:   15 months

Total Loan:   $21,230,000

Security:   Land & Construction

First mortgage investment to fund the construction of 18 high-end dwellings for over-55s. Strategically located in Sydney’s leafy and affluent Upper North Shore, the development is well positioned offering exceptional buying opportunity for mature age homeowners. Operating across the eastern seaboard, the developer has a wealth of experience in residential and commercial developments and has delivered sophisticated designs with refined aesthetics. The borrower has obtained approval for construction and is on track to complete the build by mid 2022.