Strata Warehouse & Storage Construction
1 September 2018
Northern Beaches Sydney, NSW
Construction Loan
Financing Strata Warehouses
The Brokerage initially assisted the client acquire the development site with private funding some 2 years prior.
Our Solution
We worked with the client and their consultants whilst they attained DA and presales before arranging a suitably leveraged construction finance facility for the construction of the strata warehouse and storage unit project.
A favourable limited recourse structure was negotiated for the Directors.
| Loan Amount | $22,000,000 |
| Gearing | 65% LVR on Completion |
| Interest Rate | 4.5% p.a + 1.75% line fee |
| Lender | Local Foreign Bank |
To find out more about how we can help, contact our team today.
