An opportunity exists to co-invest in a $6m loan to assist an experienced and successful developer in Adelaide (completed in excess of 110 projects nationally over 28 years) with a project in Globe Derby SA, the expected loan maturity is 3 months and is paying 12.5% p/a. iPartners is planning to take up to $1m of the loan for investors.
Asset Class
Fixed Income
LVR
55%
Sector
Commercial property
Interest
12.5% p/a
Investment Type
Secured Loan
Maturity
Expected 3 Months
