Wodonga VIC 3690 : Purchase two properties in mixed commercial & residential development in central Wodonga.
Investment Details:
| TARGET RETURN (P.A NET) | LOAN TO VALUE RATIO | TERM TO RUN (MTHS) |
| 10.0% | 65% | 6 |
| ESTIMATED MARKET VALUE | GROSS LOAN ADVANCED | TERM INTEREST PREPAID (MTHS) |
| $885,000 | $575,250 | 6 |
Security Type •The Loan is secured by first registered mortgage over two residential properties in Wodonga (VIC), a city on the Victorian side of the border with New South Wales, 300 kilometers north-east of Melbourne.
•Loan Purpose •The purpose of the Loan is to purchase two properties. mixed commercial / residential development in central Wodonga.
•Repayment Strategy •Development and Sale
•Borrower Background •The Borrower is an experienced real estate agent based in Wodonga.
Why Archer Wealth?
Last minute funding needed in 48 hours as previous investor pulled out 2 days before settlement.
Gee is the founder of Archer Wealth and has been the Managing Director of the company since its inception. Gee has extensive experience working and dealing with high net worth clients. Archer Wealth is a dream Gee had to be able to provide finance to people who banks didn’t want to help. Gee’s goal is to grow Archer Wealth and significantly change the way businesses across Australia access capital. He is responsible for the daily management of the company.
