Construction in Liverpool NSW 2170
Vado Private provided funding for the construction of 12 townhouses in Liverpool NSW. The borrower is an existing client we have financed previously. We have now funded six projects for this development group.
Investors in this project via the Vado Private NSW Investment Trust have target return of 11.49% (pre-tax and net of fees and expenses) with an IRR target of 11.42%.
Site works commenced in March 2025 and the project is expected to complete in May 2026.
Key Deal Highlights:
- Facility Limit: $7,660,000
- Facility Type: Progressively Drawn First Mortgage
- Repayments: Capitalised for the loan term
- Loan Term: 15 months
- LVR: 65.00% of the ‘as-if complete’ value of the property
OFFICE LINE
1.800.555.6789
EMERGENCY
1.800.555.0000
WORKING HOURS