Barwon secures residual stock in South Perth, WA, with the security of first-ranking mortgage
Barwon is pleased to announce that it has secured a residual stock debt investment with the security of first ranking mortgages. The investment secured is a fully completed and titled nine-storey building comprising 27 residential apartments, 14 commercial units and 98 car spaces. This boutique development is located in South Perth, Western Australia and was built by a leading Australian developer.
Barwon Investment Partners holds no construction risk in this investment which has an anticipated term of up to 18 months and a minimum return equivalent of 6 months fully drawn.
For more information, get in touch with:
| Peter Conners
Co-Head of Property, Partner
|
Jonathon Pullin
Head of Property Finance, Partner
|