PFM Elwood Joint Venture

800 sqm development site

Suitably zoned for Residential Development

Loan Purpose               Construction of 4 Town Houses
Asset Value                 Est Gross Sales Value $13.0m
Loan Term                 12 months
Interest Rate                 10.0% pa, (simple interest )
Interest payable                 12 months
Loan Amount                 $3.0m 
Primary Security               Registered Mortgage