Pyrmont is an inner-city peninsula suburb in close proximity to the Sydney CBD (3 km) surrounded by the harbour on three sides. Its close proximity to the CBD makes it a desirable area with easy access via buses, ferries and the light rail.
Fully Funded
Sydney
|
New South Wales

Pyrmont

Pyrmont is an inner-city peninsula suburb in close proximity to the Sydney CBD (3 km) surrounded by the harbour on three sides. Its close proximity to the CBD makes it a desirable area with easy access via buses, ferries and the light rail.

Project Details
S$ 4.96 M
Funds Invested
6.1 - 6.5%
Nett Interest Rate Per Annum
12
Tenure (Months)
Monthly
Repayment Scheme
September 24, 2024
Loan Start Date
September 23, 2025
Loan End Date

Project Description

Location

Pyrmont is an inner-city peninsula suburb in close proximity to the Sydney CBD (3 km) surrounded by the harbour on three sides. Its close proximity to the CBD makes it a desirable area with easy access via buses, ferries and the light rail.

Pyrmont was identified as a growth suburb and can expect more employment, residential dwellings and entertainment/hospitality areas to be developed utilising the under-developed land, whilst balancing the pre-existing heritage and character aspects of the suburb.

Loan Purpose

To assist with the settlement of the property, which has existing approval from the Sydney City Council for a five-level commercial office building.

Exit Strategy

To refinance into a construction facility.

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The Security Property is located within the Gladesville suburb, approximately 12km from Sydney CBD. Gladesville is a sort-after suburb for high-income families, with a target product mix of luxury terraces of four bedrooms, four bathrooms and additional living areas reflecting this.

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5.7 - 6.08%
nett p.a.
|
6
months
The subject is located within the Civic Core of the Melbourne CBD in the City of Melbourne LGA, home to famed alleyways and arcades and its distinct blend of contemporary and Victorian architecture. Flinders Lane, specifically, is primarily characterised by low and mid-rise heritage buildings, with retail uses to the ground floor and upper-level offices.

William St

The subject is located within the Civic Core of the Melbourne CBD in the City of Melbourne LGA, home to famed alleyways and arcades and its distinct blend of contemporary and Victorian architecture. Flinders Lane, specifically, is primarily characterised by low and mid-rise heritage buildings, with retail uses to the ground floor and upper-level offices.
6.1 - 6.5%
nett p.a.
|
12
months
The property is in Nerang Broadbeach Road, Carrara QLD. Carrara is predominately a residential suburb approximately 5 kilometres south-west of central Surfers Paradise and approximately 6 kilometres north of the Southport Central Business District (CBD).

Nerang

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6.1 - 6.6%
nett p.a.
|
12
months
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