Construction Loan – Retail & Fast Food Restaurants
1 October 2022
Ulladulla, NSW
Construction Loan
Retail Store & Two Fast Food Restaurants Development
A trusted existing client required a construction loan to develop a corner-block site to transform into a retail store and two fast food restaurants.
Our Solution
The Brokerage team were able to arrange secure funding from a credit union at 67% LVR within a regional area of NSW.
The project is partially pre-committed, through a signed lease with BCF. There are also two agreements to lease with major fast-food tenants.
Loan Amount | $5,144,000 |
Gearing | 76% TDC and 67% LVR |
Lender | Credit Union |
To find out more about how we can help, contact our team today.