Residential Dwelling, Drummoyne NSW 2047

Vado Private provided funding for the purchase of a fully detached residential dwelling in Drummoyne NSW. The loan is due to complete in April 2025.

This loan delivered investors an IRR of 10.21% p.a. which represented a 5.94% p.a. margin over the average RBA Cash Rate over the corresponding period.

Key Deal Highlights:

• Facility Limit: $3,120,000

• Facility Type: Fully Drawn First Mortgage

• Repayments: Prepaid for 6 months

• Loan Term: 6 months

• LVR: 65.00%