Rural Property Acquisition

Purchasing rural energy farm property in Tasmania

Overview

The Borrower was presented with an opportunity to invest on a long term fixed profit guarantee property.

The current Rural property has a fixed leased contract, with a major energy company and high yearly yield return.

Client was not able to secure finance through traditional banking due to the unique Rural location postcode of 7120 in Tasmania

Summary

Energy Farm with Rural location (7120 Tasmania) ⟶ property Type ⟶ Successfully settled the acquisition

Loan Info
Details
Location
Tasmania 7120
Loan Purposes
Property acquisition under company name
Exit Strategy
Business income contract
Security
1st Mortgage on Farm
Property Value
$1,200,000
Loan Amount
$420,000
Loan Term
12 Months
LVR
35%
Payment Type
Capitalised
Settlement Turnaround
7 days
Our solution
We consider all property type and location