Bundamba QLD 4304 : Purchase Commercial Property for Investment purposes.
Investment Details:
| RETURN * (P.A NET) | LOAN TO VALUE RATIO | TERM TO RUN (MTHS) |
| 8.0% | 65% | 6 |
| ESTIMATED MARKET VALUE | GROSS LOAN ADVANCED | TERM INTEREST PREPAID (MTHS) |
| $2,000,000 | $1,300,000 | 6 |
Security Type
The Loan is secured by first registered mortgage over commercial property in Bundamba (QLD), an established residential suburb situated 35km by road south west of the Brisbane CBD. Property spans 49,285sqm.
Loan Purpose
The purpose of the Loan is to purchase commercial property for investment purposes
Repayment Strategy
Refinance to a major bank once new leases are in place
Borrower Background
The Borrower is self- employed Director and also an electrician
Why Archer Wealth?
Specialised security Archer Wealth can take a security over with higher LVR
* 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.
