Developer is seeking a private investor to provide funds to complete last 2 villas of an 11 villa ‘over 50’s’ project in Stanthorpe [Queensland’s Hunter Valley]. At present, 5 villas are sold & occupied, 2 are rented, & 2 are for sale.
Will provide first mortgage over 2 of the villas [valued at $290k each – [Herron Todd White valuers].
Will guarantee a minimum of 12 months interest only payments, even if the properties are sold sooner. Loan amount $400k. Interest rate 8% [maybe negotiable]. ...
For Stanthorpe rural property, commercial property and residentia property valuations please call 0431 245460.Diane Hunt is a Queensland Registered Valuer (3087) and offers a highly professional speedy service.