We are pleased to offer investors a new loan facility approved by the Guardian board for Trilink JV2 Pty Ltd. The borrower is an established developer on the Gold Coast and will commence construction of a 49 unit complex at Varsity lakes Qld close to the new Varsity Lakes rail station. 36 of these units have an end sale price below $450,000 which falls within the affordability bracket for most buyers. Over 50% (19) of these units have been presold at the valuation figure on 5% deposits.
Construction will commence January 2009 with an expected completion date of February 2010. Investors will receive 20% pa paid monthly for a 15 month loan term. Repayment will be from sale of the completed stock and the developer expects to sell the balance of the cheaper units during construction.
Please download the SPDS (on the left hand side of this page) for more information or call us on 1800 60 11 77 to discuss the offer.