Investment Loan
Call Option
Our developer client secured a call option in late 2016 to purchase two adjoining commercial freehold buildings in a Northern Beaches suburb of Sydney.
The properties have correct zoning for a residential/commercial project and as a combined site the current site valuation was substantially higher than the agreed purchase price of the 2 separate properties.
Our Solution
The Brokerage worked with the non bank lender and their valuer to deliver a loan facility totalling 80% of the purchase price equating to 65% of the ‘as is’ site valuation.
| Loan Amount | $4,950,000 |
| Interest Rate | 6.8% p.a. variable |
| Gearing | 80% of purchase price |
| Lender | Non-Bank |
To find out more about how we can help, contact our team today.