Melbourne Outer Metro : Vacant Land
Loan is secured by a first registered mortgage over a commercial land in Cardinia (VIC) spanning 29.54 hectares.
•Return 9.25% p.a. net
•Funded March 2021
•Loan to Valuation Ratio 65%
•Property Value $3,200,000
•Loan Amount $1,950,000
•Term 12 months.
•Interest only pre-paid for 12 months.
•Exit through sale of asset with secured executed sale contract held by Archer.
Why Archer Wealth?
The client was seeking to refinance his loan from previous private lender due to term maturity
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.