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  2. WINTERFIELDS, DELACOMBE, VIC

WINTERFIELDS, DELACOMBE, VIC

Interest rate:   7.75%pa

LVR:   70%

Loan Term:   12 months

Total Loan:   $13,323,134

Security:   Residential Land

First mortgage investment to fund the refinance of an existing land facility to undertake a residential subdivision over 8 stages. With a depth of experience developing large scale residential subdivisions across metro and regional Victoria, the borrower is synonymous with quality and accomplished in many facets of real estate, including development and operation of childcare facilities throughout Melbourne. The Winterfields development is Ballarat’s refreshing new master-planned community, balancing nature with amenity.