Sydney Metro: Vacant Land Glenmore Park
Loan is secured by a first registered mortgage over a residential vacant land in Glenmore Park (NSW)
- Return * 8.00% p.a. net.
- Funded June 2021.
- Loan to Valuation Ratio 70%.
- Property Value $455,000.
- Loan Amount $318,500.
- Term 6 months.
- Interest only pre-paid for 3 months, thereafter monthly in advance
- Exit : refinance to a construction lender and sell the house
Why Archer Wealth?
Short time frame to purchase the land at a discount
* As per loan agreement
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.
