Barwon is pleased to advise that it has made a first ranking mortgage investment over a largely complete, six storey apartment building comprising 44 apartments which has also received a permit for completion as a 61-room hotel. The Property is located in Cremorne, Victoria on the edge of Melbourne’s famous sports and entertainment precinct. The borrower intends to provide Melbourne’s growing inner-eastern suburbs with a high-quality boutique hotel for those visiting the city or attending various sporting events.
Investors are able to access this and similar investments through the Barwon First Mortgage Fund (BFMF) or Barwon’s individual funds.
For further information, visit www.barwon.net.au or contact:
Co-Head of Property, Partner
Head of Property Finance, Partner