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$100,000 Commercial Property Loan in Victoria’s Pyrenees Region

  • gareth150
  • 6 hours ago
  • 1 min read

Low-Leverage Funding to Improve a Regional Commercial Property Prior to Sale


Assurity Capital recently provided $100,000 in short-term commercial property loan against a retail property located in the Pyrenees region of Victoria.


The borrower had purchased the property for approximately $385,000 around 12 months earlier and required additional capital to undertake improvements to the premises before placing the property and associated business on the market.


General store in Pyrenees Regions

With substantial equity already held in the property, the transaction represented approximately 25% leverage, providing a strong equity position and a clear exit strategy through the proposed sale.


The Funding Scenario

  • Loan amount: $100,000

  • Security: Commercial/retail property

  • Location: Pyrenees region, Victoria

  • Original purchase price: Approximately $385,000

  • Purchased: Approximately 12 months earlier

  • Leverage: Approximately 25%

  • Purpose: Improvements to the commercial property prior to sale

  • Exit strategy: Sale of the property and associated business


The funding gives the borrower additional capital to complete the planned works and prepare the property for sale, rather than having to sell the asset in its existing condition.

For privacy reasons, the specific township and business have not been identified.


 
 
 

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