Industrial Land Purchase – Waikato

Case Studies - Omega Capital – Industrial Land Purchase - Waikato - Omega Capital
Finance

Loan Amount:

$2.3M

Funding lines

Interest Rate:

8.50% p.a.
Term Length

Loan Term:

12 Months

Location

Location:

Hamilton

Background

Loan Purpose:

  • Provide finance for the purchase of 8000m2 of industrial land.

  • 47.3% LVR (based on on-completion)

  • The property was well located in an established industrial precinct, close to a popular retail shopping destination.

  • The borrower had an experienced background in industrial development.

  • Real Estate advice indicated high demand for the sale of the site as a whole or subdivided.