CPF Property Debt Fund

Spring Creek – Stage 3/4 Final Draw Beaudesert QLD

About Spring Creek – Stage 3/4 Final Draw Boffer

Security is provided via a registered first mortgage and directors guarantees.

The registered first mortgage is over lots 9002- 9009 located at 22a Telemon Road Beaudesert Qld and is currently being marketed as ‘Spring Creek’. The loan facility is further supported by directors guarantees including a high net worth individual. 

Spring Creek is located within the regional township of Beaudesert, 65 kilometres west of Surfers Paradise and 69 kilometres south of Brisbane.

Please see below for more information on the Spring Creek lending opportunity. 

INVESTMENT DETAILS

 Return: 10.00% pa – paid quarterly
LVR: 58%
Expected Repayment Date: February 2024

First Mortgage Security

Loan Summary

 

LOAN SUMMARY – Yallambi Construction

Loan Facility

$12,572,400


Fund Status

Closing Soon


Loan Term

9 months – Expected Repayment Febraury 2024


Investor Distribution Yield

10.00% p.a. – paid quarterly


Minimum Investment

$50,000


Security

Registered first mortgage & director guarantees


Loan to Valuation Ratio ‘LVR’

The loan agreement allows for a minimum LVR of 58%

 

Co-investment

Yes – CPF has invested into this Loan


The Borrower

The borrower has been known to the CPF lending team for over 15 years and CPF has successfully lent funds to the Borrower on previous occasions.


Valuation

‘As if complete’ valuation of the Subject Property $21,700,000 exclusive of GST.

Get in Touch

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