Ability to succeed

Following are examples of some our funded transactions.

  • RUSHCUTTERS BAY NSW 2011

    Financed the construction of 30 apartments & 2 retail shops. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $45 million
    $20 million
    Construction
    Interest capitalised
    24 months
    44.44%
    20% of debt cover
  • PENRITH NSW 2751

    Financed the construction of 24 apartments. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $11.35 million
    $7.8 million
    Construction
    Interest capitalised
    18 months
    68.73%
    55% of debt cover
  • ARTARMON NSW 2064

    Financed the construction of 10 apartments. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $9.50 million
    $5.2 million
    Construction
    Interest capitalised
    16 months
    54.74%
    Nil
  • RANDWICK NSW 2031

    Financed the construction of 5 apartments. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $8.1 million
    $4.1 million
    Construction
    Interest capitalised
    18 months
    50.61%
    Nil
  • GRANVILLE NSW 2142

    Financed the construction of 33 apartments & 3 retail shops. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $19.23 million
    $12.50 million
    Construction
    Interest capitalised
    16 months
    65.00%
    35% of debt cover
  • BEACONSFIELD NSW 2015

    Financed the construction of 18 street facing terrace homes. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $32.50 million
    $14.50 million
    Construction
    Interest capitalised
    18 months
    44.62%
    Nil
  • WINSTON HILLS NSW 2153

    Equity release for newly completed duplex. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $3.20 million
    $1.25 million
    Fully drawn
    Monthly in arrears
    4 months
    39.06%
    Nil
  • ELDERSLIE NSW 2570

    Financed the land bank of a raw development site. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $8.50 million
    $3.45 million
    Fully drawn
    Monthly in arrears
    16 months
    40.59%
    Nil
  • REDFERN NSW 2016

    Equity release for an established terrace home. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $2.2 million
    $1.45 million
    Fully drawn
    Monthly in arrears
    18 months
    65.91%
    Nil
  • HABERFIELD NSW 2045

    Refinance and equity release of a commercial building. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $2.7 million
    $1.755 million
    Fully drawn
    Monthly in arrears
    16 months
    65.00%
    Nil
  • TOONGABBIE NSW 2146

    Financed residual stock of 8 apartments in a recently completed building. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $2.5 million
    $1.45 million
    Fully drawn
    Monthly in arrears
    8 months
    58.00%
    Nil
  • KELLLYVILE NSW 2155

    Financed the land bank of a raw development site. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $3.8 million
    $1.9 million
    Fully drawn
    Monthly in arrears
    6 months
    50.00%
    Nil
  • CRONULLA NSW 2230

    Financed the acquisition of a commercial building. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $3.5 million
    $2.45 million
    Fully drawn
    Monthly in arrears
    6 months
    70.00%
    Nil
  • HOMEBUSH NSW 2140

    Financed residual stock of 3 apartments in a recently completed building. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $1.67 million
    $1.00 million
    Fully drawn
    Monthly in arrears
    5 months
    60.00%
    Nil
  • SCHOFIELDS NSW 2762

    Financed residual stock of 2 sub-divided residential land lots. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $875k
    $569k
    Fully drawn
    Monthly in arrears
    3 months
    65.00%
    Nil
  • NORTH RYDE NSW 2113

    Financed the acquisition of a residential apartment. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $650k
    $390k
    Fully drawn
    Monthly in arrears
    9 months
    60.00%
    Nil
  • DARLING POINT NSW 2027

    Strata residential apartment. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $6.5 mil
    $4.225 mil
    Fully drawn
    Prepaid
    6 months
    65.00%
    Nil
  • BLACKTOWN NSW 2148

    Residential development. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $3.35 million
    $2.17 million
    Construction
    Interest capitalised
    12 months
    65.00%
    Nil
  • MERRYLANDS NSW 2160

    Financed the construction of a partially complete duplex. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $1.74 million
    $1.13 million
    Construction
    Interest capitalised
    18 months
    65.00%
    Nil
  • ST. MARYS NSW 2760

    Refinance and equity release of an industrial building. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $1.25 mil
    $812k
    Fully drawn
    Monthly in arrears
    6 months
    64.96%
    Nil
  • ORAN PARK NSW 2570

    Financed the construction of a duplex. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $1.4 mil
    $880k
    Construction
    Interest capitalised
    12 months
    60%
    Nil
  • MATRAVILLE NSW 2036

    Equity release of recently completed retail shops. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $2.10 mil
    $1.30 mil
    Fully drawn
    Monthly in arrears
    8 months
    61.90%
    Nil
  • MANLY VALE NSW 2093

    Financed the acquisition of a DA approved apartment site. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $6.25 mil
    $3.50 mil
    Fully drawn
    Monthly in arrears
    6 months
    56%
    Nil
  • DARLINGHURST NSW 2010

    Financed working capital for a panel workshop. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $1.35 mil
    $315k
    Fully drawn
    Monthly in arrears
    36 months
    23.33%
    Nil
  • MARSDEN PARK NSW 2765

    Financed the acquisition of land with redevelopment potential. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $6.2 mil
    $3.1 mil
    Fully drawn
    Interest prepaid
    12 months
    50.00%
    Nil
  • BELMORE NSW 2192

    Financed the construction of two duplexes. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $4.8 mil
    $2.4 mil
    Construction
    Interest capitalised
    12 months
    50.00%
    Nil
  • PEAKHURST NSW 2210

    Financed land acquisition and construction of a duplex. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $2.52 mil
    $1.64 mil
    Construction
    Interest capitalised
    12 months
    65.00%
    Nil
  • YAGOONA NSW 2199

    Financed land construction of a duplex. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $2.07 mil
    $1.35 mil
    Construction
    Interest capitalised
    12 months
    65.00%
    Nil
  • SCHOFIELDS NSW 2762

    Financed residual stock of 8 torrens title houses in a larger sub-division. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $6.53 mil
    $4.25 mil
    Fully drawn
    Monthly in arrears
    6 months
    65.00%
    Nil
  • CARLINGFORD NSW 2118

    Financed residual stock of 3 apartments. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $2.84 mil
    $1.95 mil
    Fully drawn
    Monthly in arrears
    12 months
    65.00%
    Nil
  • ROUSE HILL NSW 2155

    Financed the acquisition of land with redevelopment potential. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $7.50 mil
    $3.10 mil
    Fully drawn
    Monthly in arrears
    9 months
    41.33%
    Nil
  • WENTWORTHVILLE NSW 2145

    Financed residual stock of 9 torrens title townhouses. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $4.10 mil
    $6.67 mil
    Fully drawn
    Monthly in arrears
    9 months
    61.47%
    Nil
  • ROUSE HILL NSW 2155

    Financed the acquisition of DA approved land for an industrial development. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $5.60 mil
    $3.40 mil
    Fully drawn
    Monthly in arrears
    9 months
    60.71%
    Nil
  • ENGADINE NSW 2233

    Financed the construction of six townhouses. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $6.20 mil
    $3.75 mil
    Construction
    Interest capitalised
    12 months
    60.48%
    Nil
  • GIRRAWEEN NSW 2145

    Financed land acquisition and construction of 12 x torrens title townhouses. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $10.10 mil
    $6.8 mil
    Construction
    Interest capitalised
    18 months
    67.32%
    Nil
  • MANLY VALE NSW 2093

    Financed land acquisition and construction of 24 x apartments & 1 x retail shop. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $16.83 mil
    $10.10 mil
    Construction
    Interest capitalised
    18 months
    60.00%
    Nil
  • GIRRAWEEN NSW 2145

    Financed land acquisition and construction of 18 x strata title townhouses. Key metrics:

    GRV:
    Facility limit:
    Facility type:
    Repayments:
    Loan Term:
    LVR:
    Presales:
    $10.71 mil
    $7.50 mil
    Construction
    Interest capitalised
    15 months
    70.00%
    75% of debt cover

Members of the Vado team have been involved in the following valued-added advisory transactions.

  • CAMELLIA TOWN CENTRE (CTC) NSW 2142

    CTC is a proposal for the development of former industrial land at Camellia adjoining the Parramatta River. The development encompasses a riverside town centre, a new school, open space and housing including affordable housing.

    The development will be linked to the Parramatta CBD and to Sydney Olympic Park by light rail. The facilities proposed will accommodate 10,000 new homes and provide up to 5000 new jobs.

  • PARK GROVE BOTANY NSW 2019

    Park Grove is former industrial land at West Botany which was approved for development homes from 2006 onwards. Some 318 homes have been built in the various development on the Park Grove Land.

    Represented the land owner on the planning approval of the staged master-planned lifestyle village comprising apartments, commercial premises and open space.

  • HYTHE STREET DRUMMOYNE NSW 2047

    Landowner acquired the former Drummoyne Bowling Club that was zoned RE2 Private Recreation. Advised the landowner on highest and best use of the land and project managed the lodgement of a Planning Proposal.

    The landowners succeeded in a Gateway rezoning allowing for the development of 65 + residential apartments. This involved the approval of site specific DCP and LEP controls.

  • RHODES EAST NSW 2138

    Rhodes East is an area of light industrial land and residential areas east of the Main Northern Railway Line at Rhodes fronting the Parramatta River. The area has been designated a Priority Precedent by the Department of Planning and Environment.

    A draft Priority Precinct Plan was issued in 2017 and opened for consultation. The Department is presently preparing a precinct plan and a DCP. The plans include up to 3,600 new homes including affordable housing, a new primary school, a river pool, improved access to existing leisure facilities and upgrades of those facilities.

  • PEMBERTON STREET BOTANY NSW 2019

    Pemberton Street, Botany comprised a residential development project of 187 apartments.

    Represented the developer in relation to the acquisition of the site via an asset realisation agreement with the landowner. Advised on the lodgement of a Master Plan and assisted with steering the development application through Council. Stage 1 of the project has completed. Completion of stage 2 of the project is imminent.

  • CENTRAL COAST HIGHWAY WEST GOSFORD NSW 2250

    A significant site with a total land footprint in excess of 9,500m2. The subject land falls within the NSW Department of Planning and Environment’s Gosford City Centre Revitalisation Strategy (Gosford City Centre SEPP 2018).

    Under the proposed SEPP there are changes proposed to the FSR and height exceptions. We have entered into Development Management Agreement with the landowner to obtain redevelop the site.

  • WENTWORH POINT NSW 2127

    Wentworth Point is an industrial area on the Parramatta River formerly known as Homebush Bay West, and north of Sydney Olympic Park. To further urban renewal, the Homebush Bay West Development Control Plan (DCP) was adopted in 2004 and subsequently revised in 2014. The Wentworth Point precinct will encompass:

    • Residential accommodation, shops and cafes
    • A peninsula park
    • A new primary school
    • Marine facilities, particularly for leisure
    • Cycling paths
    • Light rail access