Assurity Capital Settles $300,000 First Mortgage Loan Secured by Rose Bay Apartment

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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