Preserve cash resources to self-fund

Preserve cash resources to self-fund

Preserve cash resources to self-fund
Project Details

Location:
Rochedale, Queensland

Facility Amount:
$4,875,000

LVR:
65%

Deal Writer:
Rhys Adams

Unique feature of the deal

Balmain provided debt funding to assist in the acquisition of a residential development site in the Brisbane suburb of Rochedale.

Our funding enabled the Developer to secure the site with minimal equity and preserve their cash resources to self-fund Stage 1 of the project.

Funding was provided through the Balmain Mortgage Fund.

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