Assurity Capital Settles $300,000 First Mortgage Loan Secured by Rose Bay Apartment
Updated: Aug 6
Assurity Capital recently completed a $300,000 first mortgage private loan secured against a one-bedroom apartment in Rose Bay, Sydney.
With the property valued at approximately $500,000 and leverage at around 60% LVR, the transaction highlights how private lending can provide practical and timely funding solutions for borrowers requiring fast access to capital.
A Strong Security Property in Sydney’s Eastern Suburbs
The loan was secured against a well-located apartment in Rose Bay, one of Sydney’s most tightly held and consistently sought-after residential markets.
Rose Bay continues to benefit from strong buyer demand, stable property values, and proximity to major lifestyle amenities including beaches, harbourfront precincts, retail centres, cafes, and public transport.
From a lending perspective, the property represented strong first mortgage security due to:
Its blue-chip Eastern Suburbs location
Consistent demand from both owner-occupiers and tenants
A well-established apartment market
Long-term capital growth potential
Strong liquidity compared to many secondary locations
The property’s estimated value of approximately $500,000 provided a solid foundation for an asset-backed lending solution.
The Borrower’s Funding Requirement - First Mortgage Rose Bay
The borrower required immediate access to funds to assist with the completion of another development project.
Timing was critical, and delays associated with traditional bank processes were not commercially practical. The funding was needed quickly to ensure the project could continue progressing without interruption.
Why Private Lending Was Appropriate
Traditional lenders often require lengthy approval processes, detailed financial verification, and extensive servicing assessments before funds can be released.
In this case, the borrower required certainty, flexibility, and speed.
Assurity Capital was able to assess the opportunity from a practical asset-based perspective by focusing on:
The quality of the security property
The borrower’s equity position
The intended use of funds
A clear and realistic exit strategy
This streamlined approach allowed indicative terms to be issued quickly and settlement to proceed within the required timeframe.
The Funding Structure
Assurity Capital provided:
A $300,000 first mortgage facility
Secured against a Rose Bay apartment valued at approximately $500,000
Approximately 60% Loan-to-Value Ratio (LVR)
Fast approval and settlement
A flexible short-term funding solution aligned with the borrower’s objectives
The facility enabled the borrower to continue progressing their development project while maintaining flexibility for future refinancing or restructuring.
The Role of Private Lending in Time-Sensitive Transactions
This transaction demonstrates how private lending can assist borrowers when speed and commercial practicality are essential.
Private lending solutions can be particularly effective for:
Development funding support
Bridging and short-term finance
Time-sensitive transactions
Equity release
Borrowers requiring flexible structuring
Scenarios where traditional bank turnaround times are impractical
For brokers and borrowers alike, private lending can provide an important alternative when conventional funding channels are unable to move quickly enough.
About Assurity Capital
Assurity Capital provides fast and flexible property-backed lending solutions across Australia, including:
First mortgage private loans
Second mortgages from $50,000+
Short-term property finance
Asset-backed commercial lending
Flexible solutions for investors, developers, and business owners
Our approach focuses on practical decision-making, strong security, and efficient execution.
For more information, contact Assurity Capital on 02 9389 1077 or email scenario@assuritycapital.com.au.
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