Vado Private provided funding for the purchase of a development block totalling approximately 40.63 hectares as a future residential subdivision and development area within the Sunbury South Precinct Structure Plan. The loan was repaid in June 2022.

This loan delivered an IRR of 12.97% p.a. to investors, which represented a 12.62% p.a. margin over the average RBA Cash Rate over the corresponding period.

Key Deal Highlights

• Facility Limit: $16,920,000

• Facility Type: Fully Drawn First Mortgage

• Repayments: Prepaid for 6 months

• Loan Term: 12 months

• LVR: 60.00%

For Assistance

Vado Private specialise in providing competitive private credit solutions in a fast and timely manner. We have funded north of $500 million in loans across 230+ transactions helping brokers and their clients bring their real estate projects to life.

If you would like Vado to review an opportunity for you, please send us your finance requirements: