Residential Subdivision – Waikato

Residential Subdivision – Waikato

Residential Subdivision – Waikato Loan Amount: $5.6M Interest Rate: 9.5% p.a. Loan Term: 12 Months Location: Waikato Background Loan Purpose: To assist with the purchase of land for a 65-lot, high-density, sub-division. 59.7% LVR reducing to 48.2% LVR after...
Land Subdivision – Canterbury

Land Subdivision – Canterbury

Land Subdivision – Canterbury Loan Amount: $1.8M Interest Rate: 9.25% p.a. Loan Term: 12 Months Location: Canterbury Background Loan Purpose: To assist with the purchase of 10 residential sections. 52.47% LVR (on-completion). All 10 house and land packages were...
Industrial Land Purchase – Waikato

Industrial Land Purchase – Waikato

Industrial Land Purchase – Waikato Loan Amount: $2.3M Interest Rate: 8.50% p.a. Loan Term: 12 Months 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...
Land Subdivision – New Plymouth

Land Subdivision – New Plymouth

Land Subdivision – New Plymouth Loan Amount: $5.7M Interest Rate: 8.50% p.a. Loan Term: 12 Months Location: New Plymouth Background Loan Purpose: To fund the construction of 62 residential lots on a 250-lot subdivision. 37.3% LVR (based on on-completion value) 100% of...
Commercial Retail Development – Christchurch

Commercial Retail Development – Christchurch

Commercial Retail Development – Christchurch Loan Amount: $5.2M Interest Rate: 8.50% p.a. Loan Term: 12 Months Location: Christchurch Background Loan Purpose: Provide finance for the construction of an 8-unit retail development in two 4-unit blocks.   63.8% LVR...