19 February 2018
North Sydney, NSW
Tenanted Commercial Unit
Existing client purchased a vacant commercial suite using cash resources.
We had the property revalued once the client had secured a food & beverage tenant using the strong lease covenant to extract additional value. We arranged a facility that released equity back to the client using the uplifted valuation at a 70% LVR.
|70% LVR against uplifted valuation
|Local Foreign Bank