Residual Stock Facility

Box Hill, NSW

Open to Wholesale / Sophisticated Investors Only

  • PCF Class-2 Units provide investors with the opportunity to participate in a $13.04m cash advance residual stock facility (the "Loan") in Box Hill NSW 2762  to Bathla Group (the "Developer"). 

  • The Loan is secured by a registered first mortgage over each of the 16 lots in the subdivision ("Security Properties"). In addition, the Loan is secured by a first ranking General Security Agreement over the Borrower and personal guarantees from the directors of the Borrower.

  • The Loan is to be repaid through the sale of the Security Properties.

  • Distributions are paid monthly in arrears along with capital returned through the sale of Security Properties. 


 

 

 

Investment Details

  • Target Net Return

    11.0% p.a.

  • Loan to Value Ratio

    70.0%

  • Term

    12 Months

  • Minimum Investment

    $25,000

240509 Old Pitt Town Road 156 Box Hill PR2-1
156,158-162-Old-Pitt-Town-Road
20318 - 156 Old Pitt Town Road Box Hill NSW 2765
Full details, unique to each investment, are provided to Investors in a Supplementary Information Memorandum.